Diana Shipping ( (DSX) ) just unveiled an announcement.
On March 12, 2025, Diana Shipping Inc. announced a new time charter contract with Cargill International SA for its Kamsarmax dry bulk vessel, the m/v Medusa. The contract, commencing on March 15, 2025, is set at a gross rate of $13,000 per day, minus a commission, and is expected to generate approximately $5.46 million in revenue for a minimum period ending May 15, 2026. This strategic move enhances Diana Shipping’s operational capacity and reinforces its 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 primarily employs its vessels on short to medium-term time charters, transporting a variety of dry bulk cargoes such as iron ore, coal, and grain across worldwide shipping routes.
YTD Price Performance: -10.71%
Average Trading Volume: 377,713
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $199.1M
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