Diana Shipping Inc. announces time charter contract for dry bulk vessel with Cargill

The Myrsini is a 82 117 dwt Kamsarmax dry bulk vessel built in 2010. The employment of Myrsini is anticipated to generate approximately US$3.95 million of gross revenue for the minimum scheduled period of the time charter.

Upon completion of the previously announced sale of m/v Alcmene, Diana Shipping Inc.’s fleet will consist of 37 dry bulk vessels (4 Newcastlemax, 8 Capesize, 4 Post-Panamax, 6 Kamsarmax, 6 Panamax and 9 Ultramax). The company also expects to take delivery of two methanol dual fuel new-building Kamsarmax dry bulk vessels by 2H27 and 1H28, respectively. As of today, the combined carrying capacity of the company’s fleet, including the m/v Alcmene and excluding the two vessels not yet delivered, is approximately 4.2 million dwt with a weighted average age of 11.39 years.