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

Athens, greece, nov. 09, 2020 (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 kamsarmax dry bulk vessels, the m/v medusa. the gross charter rate is us$11,000 per day, minus a 4.75% commission paid to third parties, for a period until minimum 10 january 2022 up to maximum 20 march 2022. the new charter period is expected to commence by mid-november 2020.
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