Diana Shipping Inc. announces time charter contracts for two dry bulkers

Diana Shipping Inc announce that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Refined Success Limited, for one of its Capesize dry bulk vessels, the m/v New York. The gross charter rate is US$27 500 per day, minus a 5.00% commission paid to third parties, for a period until minimum February 1, 2028 up to maximum March 31, 2028. The charter is expected to commence on May 1, 2026. The m/v New York is currently chartered, as previously announced, at a gross charter rate of US$17 600 per day, minus a 5.00% commission paid to third parties.

The “New York” is a 177 773 dwt Capesize dry bulk vessel built in 2010.

Diana Shipping Inc also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Oldendorff GmbH & Co. KG, for one of its Ultramax dry bulk vessels, the m/v DSI Pyxis. The gross charter rate is US$16 000 per day, minus a 5.00% commission paid to third parties, for a period until minimum June 15, 2027 up to maximum August 15, 2027. The charter is expected to commence on May 3, 2026. The m/v DSI Pyxis is currently chartered, as previously announced, at a gross charter rate of US$13 100 per day, minus a 5.00% commission paid to third parties.

The “DSI Pyxis” is a 60 362 dwt Ultramax dry bulk vessel built in 2018.

The employments of “New York” and “DSI Pyxis” are anticipated to generate approximately US$23.76 million of gross revenue for the minimum scheduled period of the time charters.

Read the article online at: https://www.drybulkmagazine.com/shipping/01052026/diana-shipping-inc-announces-time-charter-contracts-for-two-dry-bulkers/