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Diana Shipping Inc. announces time charter contract

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Dry Bulk,

Diana Shipping Inc. has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Bocimar International N.V., for one of its Kamsarmax dry bulk vessels, the m/v Myrsini. The gross charter rate is US$27 750/d, minus a 5% commission paid to third parties, for a time charter period until minimum 15 October 2021 up to maximum 30 November 2021. The charter is expected to commence on 10 May 2021.


The m/v Myrsini is currently chartered, as previously announced, to Ausca Shipping Limited, Hong Kong, at a gross charter rate of US$11 500/d, minus a 5% commission paid to third parties.

The Myrsini is a 82 117 DWT Kamsarmax dry bulk vessel built in 2010.

The employment of Myrsini is anticipated to generate approximately US$4.3 million of gross revenue for the minimum scheduled period of the time charter.

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