Diana shipping inc. announces time charter contract for m/v philadelphia with classic maritime

Athens, greece, april 22, 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 classic maritime inc., for one of its newcastlemax dry bulk vessels, the m/v philadelphia. the gross charter rate is us$28,500 per day, minus a 5% commission paid to third parties, for a period until minimum march 1, 2022 up to maximum may 1, 2022. the charter commenced earlier today. the m/v philadelphia was chartered, as previously announced, to bhp billiton freight singapore pte. ltd., at a gross charter rate of us$14,500 per day, minus a 5% commission paid to third parties.
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