Diana Shipping (DSX) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Diana Shipping Inc. has secured a time charter contract with Raffles Shipping International for its Panamax vessel, m/v Selina, at a rate of $10,500 per day. This contract is set to generate approximately $1.39 million in gross revenue for the minimum charter period, reflecting a strategic move in the volatile dry bulk market. The Selina contributes to Diana Shipping’s substantial fleet, enhancing its capacity in global dry bulk transportation.
For further insights into DSX stock, check out TipRanks’ Stock Analysis page.