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Diana Shipping Secures Charter Extension
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Diana Shipping Secures Charter Extension

Diana Shipping (DSX) has released an update.

Diana Shipping Inc. has announced the extension of a lucrative time charter contract for its Newcastlemax dry bulk vessel, the m/v Los Angeles, with Tokyo-based Nippon Yusen Kabushiki Kaisha. The extended charter secures a daily gross rate of $28,700, less a 5% commission, and is set to last until at least October 1, 2025. This extension is expected to contribute approximately $12.43 million in gross revenue for the minimum scheduled period.

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