Diana shipping inc. announces direct continuation of time charter contract for m/v newport news with koch

Athens, greece, dec. 07, 2021 (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 koch shipping pte. ltd., singapore, for one of its newcastlemax dry bulk vessels, the m/v newport news. the gross charter rate is us$28,000 per day, minus a 5% commission paid to third parties, for a period until minimum july 1, 2023 up to maximum september 30, 2023. the new charter period is expected to commence on december 16, 2021. the m/v newport news is currently chartered, as previously announced, at a gross charter rate of us$18,400 per day, minus a 5% commission paid to third parties.
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