Diana shipping inc. announces time charter contract for m/v dsi phoenix with bulk trading sa

Athens, greece, april 25, 2024 (globe newswire) -- diana shipping inc. (nyse: dsx), (the “company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with bulk trading sa, for one of its ultramax dry bulk vessels, the m/v dsi phoenix. the gross charter rate is us$16,500 per day, minus a 5% commission paid to third parties, for a period until minimum august 1, 2025 up to maximum september 30, 2025. the charter is expected to commence on may 8, 2024. the m/v dsi phoenix is currently chartered, as previously announced, to asl bulk marine limited, at a gross charter rate of us$13,250 per day, minus a 5.00% commission paid to third parties.
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