Diana shipping inc. announces time charter contract for m/v p. s. palios with classic maritime

Athens, greece, may 23, 2022 (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 classic maritime inc., for one of its capesize dry bulk vessels, the m/v p. s. palios. the gross charter rate is us$31,000 per day, minus a 5% commission paid to third parties, for a period until minimum april 15, 2024 up to maximum june 30, 2024. the charter is expected to commence on june 11, 2022. the m/v p. s. palios was chartered, as previously announced, to olam international limited, singapore, at a gross charter rate of us$26,500 per day, minus a 4.75% commission paid to third parties.
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