Diana Shipping Announces Time Charter Contracts For M/V Newport News With NYK Line And M/V Ismene With Paralos Shipping; Gross Charger Rate Is $20K/Day With 5% Commission Until March 10, 2025 To Maximum Of June 10, 2025
Portfolio Pulse from Benzinga Newsdesk
Diana Shipping has announced time charter contracts for M/V Newport News with NYK Line and M/V Ismene with Paralos Shipping. The gross charger rate is $20K/day with a 5% commission until March 10, 2025, with a maximum extension until June 10, 2025.

September 11, 2023 | 1:30 pm
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POSITIVE IMPACT
Diana Shipping's new contracts with NYK Line and Paralos Shipping could potentially increase its revenue stream until 2025.
The new contracts announced by Diana Shipping with NYK Line and Paralos Shipping at a rate of $20K/day until 2025 represent a significant revenue opportunity for the company. This could potentially lead to an increase in the company's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100