An announcement from Diana Shipping ( (DSX) ) is now available.
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Diana Shipping Inc. has announced an extension of the time charter contract for its Post-Panamax dry bulk vessel, the m/v Amphitrite, with Cobelfret S.A., Luxembourg. Under the new terms, the charter will generate approximately $4.22 million in gross revenue and is scheduled to commence on December 31, 2024, extending until at least January 1, 2026. This move strengthens Diana Shipping’s market positioning by ensuring continued employment for its vessel, while contributing to stable revenue generation amid fluctuating market conditions.
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 primarily engages in short to medium-term time charters, transporting commodities like iron ore, coal, and grain across worldwide shipping routes.
YTD Price Performance: -31.14%
Average Trading Volume: 703,581
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $235.4M
See more data about DSX stock on TipRanks’ Stock Analysis page.