Diana Shipping Signs Time Charter Contract With Mitsui O.S.K Lines

MT Newswires Live12-19

Diana Shipping (DSX) said Wednesday a subsidiary has signed a charter contract with Mitsui O.S.K. Lines for a Capesize dry bulk vessel, the m/v Santa Barbara.

The gross rate is $22,000 per day, minus a 5.00% commission paid to third parties, for a period until minimum Oct. 20, 2025, up to maximum Dec. 20, 2025, the company said.

This deal is expected to generate about $6.4 million in revenue for the minimum scheduled period, it added.

Additionally, Diana said it expects to take delivery of two methanol dual fuel new-building Kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028, respectively.

Price: 1.87, Change: +0.03, Percent Change: +1.63

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