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Diana Shipping ( (DSX) ) has provided an update.
On January 14, 2025, Diana Shipping Inc. announced the extension of time charter contracts for two of its dry bulk vessels: the Capesize vessel m/v Semirio and the Ultramax vessel m/v DSI Aquila. The new charter period for m/v Semirio, with Solebay Shipping Cape Company Limited, will begin on February 4, 2025, at a gross rate of $16,650 per day, while the Ultramax vessel m/v DSI Aquila’s contract with Western Bulk Carriers AS will commence on January 23, 2025, at a rate of $12,250 per day. These extensions are expected to generate approximately $7.52 million in gross revenue for the minimum period, reinforcing the company’s operational stability and market position in the dry bulk shipping industry.
More about Diana Shipping
Diana Shipping Inc. is a global provider of shipping transportation services, specializing in the ownership and bareboat charter-in of dry bulk vessels. The company focuses on short to medium-term time charters, transporting commodities such as iron ore, coal, and grain worldwide.
YTD Price Performance: -5.61%
Average Trading Volume: 722,475
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $231.6M
See more data about DSX stock on TipRanks’ Stock Analysis page.
