Diana shipping inc. announces time charter contract for m/v newport news with bohai ocean shipping

Athens, greece, june 02, 2025 (globe newswire) -- diana shipping inc. (nyse: dsx), (the “company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with bohai ocean shipping (singapore) holding pte. ltd., for one of its newcastlemax dry bulk vessels, the m/v newport news. the gross charter rate is us$25,000 per day, minus a 5.00% commission paid to third parties, for a period until minimum september 1, 2026 up to maximum october 31, 2026. the charter is expected to commence on june 14, 2025. the m/v newport news is currently chartered, as previously announced, to nippon yusen kabushiki kaisha, tokyo, at a gross charter rate of us$20,000 per day, minus a 5.00% commission paid to third parties.
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