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.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DSX:
- DSX Upcoming Earnings Report: What to Expect?
- Diana Shipping Secures New Charters for Dry Bulk Vessels
- Diana Shipping announces time charter contract for m/v Los Angeles with MOL
- Diana Shipping Extends and Secures New Time Charter Contracts
- Diana Shipping announces direct continuation of time charter contract
