Diana Shipping Enters Into Time Charter Contract With Nippon Yusen Kabushiki Kaisha, Tokyo, For A Newcastlemax Vessel; Charter Rate Is $22,500 Minus 5% Commission For Period Until Minimum April 20, 2025 To Maximum July 20, 2025
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Diana Shipping has signed a time charter contract with Nippon Yusen Kabushiki Kaisha for a Newcastlemax vessel. The charter rate is set at $22,500, minus a 5% commission, for a period lasting from at least April 20, 2025, to a maximum of July 20, 2025.

February 01, 2024 | 2:16 pm
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Diana Shipping enters a lucrative time charter contract with Nippon Yusen Kabushiki Kaisha, ensuring steady revenue from April 20, 2025, to July 20, 2025.
The contract with Nippon Yusen Kabushiki Kaisha provides Diana Shipping with a guaranteed revenue stream for a significant period, which is likely to be viewed positively by investors. The specific details of the charter rate and the duration of the contract suggest a stable and potentially profitable arrangement for DSX.
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