Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Phoenix with Cargill Ocean Transportation
Greece, July 25 -- Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill Ocean Transportation (Singapore) Pte. Ltd., for one of its Ultramax dry bulk vessels, the m/v DSI Phoenix. The gross charter rate is US$13,500, minus a 4.75% commission paid to third parties, for a period until minimum October 1, 2026 up to maximum November 30, 2026. The charter is expected to commence on August 3, 2025.The "DSI Phoenix" is a 60,456 dwt Ultramax dry bulk vessel built in 2017.The employment of "DSI Phoenix" is anticipated to generate approximately US$5.64 million of ...
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