Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Pyxis With Stone Shipping
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Diana Shipping Inc. has entered into a time charter contract with Stone Shipping Ltd for its Ultramax dry bulk vessel, m/v DSI Pyxis, at a rate of $13,100 per day. The contract will last until at least February 2026.
November 08, 2024 | 2:30 pm
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Diana Shipping Inc. has secured a time charter contract for its vessel m/v DSI Pyxis with Stone Shipping Ltd, providing a steady revenue stream at $13,100 per day until at least February 2026.
The new time charter contract provides Diana Shipping with a stable revenue stream for the next 1.5 to 2 years, which is positive for the company's financial outlook. The contract rate of $13,100 per day is a significant addition to the company's earnings, likely boosting investor confidence and potentially leading to a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90