Diana Shipping Announces Time Charter Contract For m/v DSI Pegasus With Cargill Ocean Transportation; Gross Charter Rate Is $15,250 Per Day, For A Period Until Minimum June 1, 2025 Up To Maximum August 1, 2025; Anticipated To Generate ~$4.09M Of Gross Revenue
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Diana Shipping Inc. has secured a time charter contract for its vessel m/v DSI Pegasus with Cargill Ocean Transportation, expected to generate approximately $4.09 million in gross revenue. The contract runs from September 2024 to mid-2025 at a rate of $15,250 per day.
August 29, 2024 | 1:32 pm
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Diana Shipping Inc. has entered into a time charter contract with Cargill Ocean Transportation for its vessel m/v DSI Pegasus, expected to generate $4.09 million in revenue. The contract offers a higher daily rate than the current charter.
The new charter contract with Cargill offers a higher daily rate than the current charter, indicating improved revenue potential for Diana Shipping. This positive development is likely to boost investor sentiment and the stock price in the short term.
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