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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POSITIVE IMPACT
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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