Diana Shipping Inc. Announces Time Charter Contract For m/v Selina With Cargill Gross Charter Rate Is $12,000 Per Day
Portfolio Pulse from Benzinga Newsdesk
Diana Shipping Inc. (NYSE:DSX) has entered into a time charter contract with Cargill International S.A. for its Panamax dry bulk vessel, the m/v Selina. The gross charter rate is $12,000 per day, and the contract lasts until at least September 15, 2024. The employment of Selina is expected to generate around $5.71 million in gross revenue.
May 22, 2023 | 1:30 pm
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Diana Shipping's new time charter contract with Cargill for the m/v Selina is expected to generate approximately $5.71 million in gross revenue.
The new time charter contract with Cargill for the m/v Selina will generate additional revenue for Diana Shipping, which is a positive development for the company. The gross charter rate of $12,000 per day and the contract duration until at least September 15, 2024, indicate a significant revenue stream for the company. This news is highly relevant and important for investors in DSX, as it directly impacts the company's financial performance.
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