DSX News & Events

Reports Q4 revenue $52.054M vs $57.073M last year.

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Nippon Yusen Kabushiki Kaisha, Tokyo, for one of its Post-Panamax dry bulk vessels, the m/v Phaidra. The gross charter rate is $14,500 per day, minus a 5.00% commission paid to third parties, for a period until minimum February 20, 2027 up to maximum April 20, 2027. The charter is expected to commence on February 24, 2026. The m/v Phaidra is currently chartered, as previously announced, at a gross charter rate of $9,750 per day, minus a 5.00% commission paid to third parties. The "Phaidra" is an 87,146 dwt Post-Panamax dry bulk vessel built in 2013. The employment of "Phaidra" is anticipated to generate a total of approximately $5.18M of gross revenue for the minimum scheduled period of the time charter.

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with Cobelfret S.A., Luxembourg, for one of its Post-Panamax dry bulk vessels, the m/v Amphitrite. The gross charter rate is $13,000 per day for the first thirty days of the charter period and $16,500 per day for the balance period of the time charter, in each case minus a 5.00% commission paid to third parties, for a period until minimum March 1, 2027 up to maximum April 30, 2027. The new charter period is expected to commence on February 8, 2026. The m/v Amphitrite is currently chartered, as previously announced, at a gross charter rate of $12,100 per day, minus a 5.00% commission paid to third parties. The "Amphitrite" is a 98,697 dwt Post-Panamax dry bulk vessel built in 2012. The employment extension of "Amphitrite" is anticipated to generate approximately $6.15M of gross revenue for the minimum scheduled period of the time charter.