Diana Shipping announces time charter contract for m/v Atalandi

Diana Shipping (DSX) entered into a time charter contract with Stone Shipping Ltd, for one of its Ice Class Panamax dry bulk vessels, the m/v Atalandi. The gross charter rate is 9,000 per day for the first thirty-five days of the charter period and $10,100 per day for the balance period of the time charter, in each case minus a 5.00% commission paid to third parties, for a period until minimum June 15, 2026 up to maximum August 15, 2026. The charter is expected to commence on June 9, 2025. The “Atalandi” is a 77,529 dwt Ice Class Panamax dry bulk vessel built in 2014. The employment of “Atalandi” is anticipated to generate approximately $3.62M of gross revenue for the minimum scheduled period of the time charter.