Diana Shipping (DSX) announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Stone Shipping Ltd, for one of its Ultramax dry bulk vessels, the m/v DSI Pollux. The gross charter rate is US$14,750, minus a 5.00% commission paid to third parties, for a period until minimum January 1, 2027 up to maximum February 28, 2027. The charter is expected to commence on December 8, 2025. The m/v DSI Pollux is currently chartered to Bunge SA, Geneva, at a gross charter rate of US$14,000 per day, minus a 5.00% commission paid to third parties.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DSX:
- Diana Shipping Proposes Acquisition of Genco Shares
- Genco Shipping confirms receipt of $26.00 per share Diana Shipping proposal
- Diana’s offer for Genco should be attractive to holders, says Alliance Global
- Diana Shipping proposes to acquire Genco remaining shares for $20.60 per share
- Diana Shipping Announces Executive Reshuffle Effective January 2026