Diana Shipping (DSX) has released an update.

Diana Shipping Inc. has announced the extension of a time charter contract with Aquavita International S.A. for the Post-Panamax dry bulk vessel, m/v Phaidra, at a daily rate of $12,000, with the new charter expected to commence on October 11, 2024. This extension is projected to generate approximately $2.4 million in gross revenue for the minimum scheduled period. The company’s fleet currently comprises 38 dry bulk vessels with an additional two methanol dual fuel vessels expected to join by 2028.

For further insights into DSX stock, check out TipRanks’ Stock Analysis page.