Diana Shipping (DSX) announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with Oldendorff Carriers GmbH & Co. KG, for one of its Post-Panamax dry bulk vessels, the m/v Polymnia. The gross charter rate is $14,000, minus a 5.00% commission paid to third parties, for a period until minimum April 10, 2026 up to maximum June 10, 2026. The charter is expected to commence on August 17, 2025. The “Polymnia” is a 98,704 dwt Post-Panamax dry bulk vessel built in 2012. The employment of “Polymnia” is anticipated to generate approximately US$3.28 million of gross revenue for the minimum scheduled period of the time charter.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DSX:
- Diana Shipping Secures Time Charter for m/v DSI Pegasus with Cargill
- Diana Shipping announces time charter contract for m/v DIS Pegasus
- Diana Shipping’s Earnings Call: Strategic Gains Amid Market Challenges
- Diana Shipping Inc. Reports Improved Q2 Earnings
- Diana Shipping Releases July 2025 Investor Presentation