Diana Shipping Enters Time Charter Contract With Cargill For M/V Myrsini

Diana Shipping Inc DSX, through its subsidiary, has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Kamsarmax dry bulk vessels, the m/v Myrsini.
The gross charter rate is $22,000 per day, minus a 4.75% commission paid to third parties, for a period until minimum December 1, 2022, up to maximum January 31, 2023.
The "Myrsini" is an 82,117 dwt Kamsarmax dry bulk vessel built-in 2010.
The charter is expected to commence on November 14, 2021, and generate ~$8.29 million of gross revenue for the minimum scheduled period of the time charter.
Price Action: DSX shares closed higher by 2.07% at $4.93 on Tuesday.

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