Diana Shipping Inc. Announces Time Charter Contracts For m/v DSI Pyxis With ASL And m/v Maia With ST Shipping
Portfolio Pulse from Benzinga Newsdesk
Diana Shipping Inc. (NYSE:DSX) has entered into time charter contracts with ASL Bulk Marine Limited and ST Shipping and Transport Pte. Ltd. for its Ultramax dry bulk vessel, the m/v DSI Pyxis, and its Kamsarmax dry bulk vessel, the m/v Maia, respectively. The contracts are expected to generate approximately $8.91 million of gross revenue for the minimum scheduled periods of the time charters.
September 25, 2023 | 1:17 pm
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Diana Shipping's new charter contracts are expected to generate significant revenue, which could positively impact the company's financial performance and potentially its stock price.
The new charter contracts are a direct source of revenue for Diana Shipping. The expected revenue of $8.91 million is significant and could have a positive impact on the company's financial performance. This, in turn, could positively affect the company's stock price in the short term.
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