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Diana Shipping Inc. (NYSE:DSX), (the "Company"), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with Nippon Yusen Kabushiki Kaisha, Tokyo, for one of its Kamsarmax dry bulk vessels, the m/v Leonidas P. C. The gross charter rate is US$14,000, minus a 5.00% commission paid to third parties, for a period until minimum September 15, 2026 up to maximum November 15, 2026. The charter is expected to commence on September 24, 2025.
The "Leonidas P. C." is a 82,165 dwt Kamsarmaxdry bulk vessel built in 2011.
The employment of "Leonidas P. C." is anticipated to generate approximately US$4.93 million of gross revenue for the minimum scheduled period of the time charter.
Posted In: DSX
