Diana Shipping Enters Time Charter Contract With Cargill For Artemis Vessel

March 21, 2022 1:46 PM | 1 min read | Make a Comment

Diana Shipping Inc DSX has entered into a time charter contract with Cargill International S.A., Geneva, for its Artemis Panamax dry bulk vessel built-in 2006.
The gross charter rate is $21,250 per day for a period until a minimum of June 20, 2023, up to a maximum of August 20, 2023. The charter commenced earlier today.
The company expects this employment to generate ~$9.54 million of gross revenue for the minimum scheduled time charter period.
The m/v Artemis was previously chartered to Glencore Agriculture B.V., Rotterdam, at a gross charter rate of $10,250 per day.
Currently, Diana Shipping's fleet consists of 34 dry bulk vessels.
Price Action: DSX shares are trading higher by 2.36% at $4.77 on the last check Monday.

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