DSX-PB · Diana Shipping Inc.

Summary

Diana Shipping Inc. extended the time charter for its Kamsarmax dry bulk vessel m/v Myrto with Nippon Yusen Kabushiki Kaisha at a gross rate of US$16,650 per day minus 5.00% commission, commencing April 7, 2026, for a minimum period until September 20, 2027 up to maximum November 20, 2027. The extension is expected to generate approximately US$8.71 million of gross revenue for the minimum scheduled period, replacing the current US$12,000 per day rate.

Key takeaways

• Extended time charter for m/v Myrto (82,131 dwt Kamsarmax, built 2013) with Nippon Yusen Kabushiki Kaisha
• New gross rate: US$16,650 per day minus 5.00% commission (current: US$12,000 per day minus 5.00%)
• Charter commences April 7, 2026, minimum until September 20, 2027, maximum until November 20, 2027
• Anticipated gross revenue: approximately US$8.71 million for minimum period
• Fleet: 36 dry bulk vessels (4 Newcastlemax, 8 Capesize, 4 Post-Panamax, 6 Kamsarmax, 5 Panamax, 9 Ultramax), 4.1 million dwt, weighted average age 12.33 years