Diana Shipping Inc. Announces Direct Continuation Of Time Charter Contract For M/V DSI Aquila With Western Bulk
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Diana Shipping Inc. (NYSE:DSX) has announced a direct continuation of a time charter contract with Western Bulk Carriers AS for its Ultramax dry bulk vessel, the m/v DSI Aquila. The gross charter rate is $12,500 per day, for a period until at least November 10, 2024, and up to January 10, 2025. The new charter period is expected to commence on November 12, 2023. The employment of DSI Aquila is anticipated to generate approximately $4.49 million of gross revenue for the minimum scheduled period of the time charter.
November 02, 2023 | 1:27 pm
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POSITIVE IMPACT
The continuation of the time charter contract for m/v DSI Aquila with Western Bulk Carriers is expected to generate significant revenue for Diana Shipping Inc., which could positively impact the company's stock.
The continuation of the time charter contract for m/v DSI Aquila is a positive development for Diana Shipping Inc. as it ensures a steady stream of revenue for the company. This could lead to improved financial performance and potentially a positive impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100