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Diana Shipping Secures New Time Charter for Kamsarmax m/v Myrsini

Story Highlights
  • Diana Shipping is a global dry bulk carrier operating 36 vessels on short- to medium-term charters worldwide.
  • The company fixed m/v Myrsini on a new time charter from January 2026, expected to earn about $4.71 million.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Diana Shipping Secures New Time Charter for Kamsarmax m/v Myrsini

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An update from Diana Shipping ( (DSX) ) is now available.

On December 19, 2025, Diana Shipping Inc. announced that, via a wholly owned subsidiary, it has fixed its 2010-built Kamsarmax vessel m/v Myrsini on a new time charter with Paralos Shipping Pte. Ltd. at a gross rate of $13,500 per day, less a 5% commission, for a period running from at least December 20, 2026 to as late as February 20, 2027, with the charter expected to commence on January 1, 2026. The contract, replacing the vessel’s existing charter to Cargill International SA at a slightly lower daily rate, is expected to generate roughly $4.71 million in gross revenue over the minimum period and underscores Diana Shipping’s ongoing strategy of securing medium-term employment for its fleet to stabilise cash flows and support fleet utilisation as it positions for future growth, including the planned addition of two methanol dual-fuel Kamsarmax newbuildings in 2027–2028.

The most recent analyst rating on (DSX) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.

Spark’s Take on DSX Stock

According to Spark, TipRanks’ AI Analyst, DSX is a Neutral.

Diana Shipping’s overall score is driven by its stable financial performance despite liquidity concerns, positive technical indicators, and strategic resilience highlighted in the earnings call. Valuation is reasonable, but not a standout factor.

To see Spark’s full report on DSX stock, click here.

More about Diana Shipping

Diana Shipping Inc., listed on the NYSE, is a global provider of dry bulk shipping transportation services, specializing in the ownership and bareboat charter-in of dry bulk vessels. Its fleet of 36 vessels, ranging from Newcastlemax to Ultramax, primarily operates on short- to medium-term time charters, carrying commodities such as iron ore, coal and grain along worldwide routes, with a combined carrying capacity of about 4.1 million dwt and a weighted average age of just over 12 years.

Average Trading Volume: 364,732

Technical Sentiment Signal: Strong Sell

Current Market Cap: $198M

Learn more about DSX stock on TipRanks’ Stock Analysis page.

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