Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Polaris with Cargill Ocean Transportation
Greece, June 26 -- Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, 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 Polaris. The gross charter rate is US$12,250, minus a 4.75% commission paid to third parties, for a period until minimum July 21, 2026 up to maximum September 21, 2026. The charter is expected to commence on July 1, 2025.The "DSI Polaris" is a 60,404 dwt Ultramax dry bulk vessel built in 2018.The employment of "DSI Polaris" is anticipated to generate approximately US$4.66 million of gross rev...
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