Diana announces time charter contract for M/V Santa Barbara with Norden

Diana Shipping (DSX) announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Dampskibsselskabet Norden A/S, for one of its Capesize dry bulk vessels, the m/v Santa Barbara. The gross charter rate is US$25,500, minus a 5.00% commission paid to third parties, for a period until minimum March 1, 2027 up to maximum April 30, 2027. The charter is expected to commence on November 29, 2025. The m/v Santa Barbara is currently chartered, as previously announced, to Mitsui O.S.K. Lines, Ltd., at a gross charter rate of US$22,000 per day, minus a 5.00% commission paid to third parties.