Diana shipping inc. announces time charter contract for m/v new orleans with engelhart ctp

Athens, greece, march 22, 2022 (globe newswire) -- diana shipping inc. (nyse: dsx), (the “company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with engelhart ctp freight (switzerland) sa, for one of its capesize dry bulk vessels, the m/v new orleans. the gross charter rate is us$32,000 per day, minus a 5% commission paid to third parties, for a period until minimum november 20, 2023 up to maximum january 31, 2024. the charter is expected to commence on march 25, 2022. the m/v new orleans is currently chartered, as previously announced, to nippon yusen kabushiki kaisha, at a gross charter rate of us$15,500 per day, minus a 5% commission paid to third parties.
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