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Diana Shipping announces time charter contract for m/v Myrsini

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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 Salanc Pte. Ltd., for one of its Kamsarmax dry bulk vessels, the m/v Myrsini.

The gross charter rate is US$15 000/d, minus a 5% commission paid to third parties, for a period until minimum 20 April 2024 up to maximum 28 June 2024.

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

The employment of the Myrsini is anticipated to generate approximately US$7.62 million of gross revenue for the minimum scheduled period of the time charter.

Diana Shipping Inc.’s fleet currently consists of 40 dry bulk vessels (4 Newcastlemax, 11 Capesize, 5 Post-Panamax, 6 Kamsarmax, 8 Panamax, and 6 Ultramax). The company also expects to take delivery of 3 Ultramax dry bulk vessels in 4Q22.

As of now, the combined carrying capacity of Diana’s fleet, excluding the 3 Ultramax dry bulk vessels not yet delivered, is approximately 4.7 million dwt with a weighted average age of 10.18 years.

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