Diana Shipping Inc. announce that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Bunge SA, Geneva, for one of its Ultramax dry bulk vessels, the m/v DSI Altair.
The gross charter rate is US$14 750 per day, minus a 5.00% commission paid to third parties, for a period until minimum January 15, 2027 up to maximum March 30, 2027. The charter is expected to commence on January 17, 2026.
The “DSI Altair” is a 60 309 dwt Ultramax dry bulk vessel built in 2016.
The employment of “DSI Altair” is anticipated to generate a total of approximately US$5.30 million of gross revenue for the minimum scheduled period of the time charter.
Click here for free registration to Dry Bulk