Diana Shipping Announces Time Charter Contract For M/V New York With SwissMarine; Gross Charter Rate $16K Per Day Minus 5% Commission For Period Until Minimum Oct. 1, 2024 To Maximum Dec. 7, 2024
Portfolio Pulse from Benzinga Newsdesk
Diana Shipping has entered into a time charter contract with Swissmarine for its M/V New York vessel. The gross charter rate is $16,000 per day, minus a 5% commission, for a period until at least October 1, 2024, and up to December 7, 2024.
June 06, 2023 | 1:16 pm
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Diana Shipping's new time charter contract with Swissmarine for M/V New York is expected to generate stable revenue for the company.
The time charter contract with Swissmarine ensures a steady revenue stream for Diana Shipping's M/V New York vessel. The fixed gross charter rate of $16,000 per day, minus a 5% commission, provides financial stability for the company during the contract period. This is likely to have a positive impact on DSX's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100