AI Analysis
AI-generated analysis. Always verify with the original filing.
Diana Shipping Inc. announced a new time charter contract for the m/v Phaidra with Nippon Yusen Kabushiki Kaisha, Tokyo, at a gross rate of US$14,500 per day, expected to generate approximately US$5.18 million in gross revenue for the minimum scheduled period. This represents an increase from the vessel's previous charter rate of US$9,750 per day.
Key Takeaways
1Entered into a time charter contract for the m/v Phaidra with Nippon Yusen Kabushiki Kaisha, Tokyo.
2Gross charter rate is US$14,500 per day, minus a 5.00% commission paid to third parties.
3Charter period is until minimum February 20, 2027 up to maximum April 20, 2027, with expected commencement on February 24, 2026.
4The m/v Phaidra was previously chartered at a gross rate of US$9,750 per day, minus a 5.00% commission.
5The employment is anticipated to generate approximately US$5.18 million of gross revenue for the minimum scheduled period.
6The Company's fleet currently consists of 36 dry bulk vessels with a combined carrying capacity of approximately 4.1 million dwt.