Diana shipping inc. announces direct continuation of time charter contract for m/v santa barbara with cargill

Athens, greece, march 03, 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 cargill international s.a., geneva, for one of its capesize dry bulk vessels, the m/v santa barbara. the gross charter rate is us$29,500 per day, minus a 4.75% commission paid to third parties, for a period until minimum may 10, 2023 up to maximum july 10, 2023. the new charter period is expected to commence on march 15, 2022. the m/v santa barbara is currently chartered, as previously announced, at a gross charter rate of us$17,250 per day, minus a 4.75% commission paid to third parties.
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