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2025-08-13 21:12
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 Oldendorff Carriers GmbH & Co. KG, for one of its Post-Panamax dry bulk vessels, the m/v Polymnia. The gross charter rate is US$14,000, minus a 5.00% commission paid to third parties, for a period until minimum April 10, 2026 up to maximum June 10, 2026. The charter is expected to commence on August 17, 2025.
The "Polymnia" is a 98,704 dwt Post-Panamax dry bulk vessel built in 2012.
The employment of "Polymnia" is anticipated to generate approximately US$3.28 million of gross revenue for the minimum scheduled period of the time charter.