APR 30·www.imarinenews.com▲
Diana Shipping Secures Time Charter Contracts for Capesize Vessel “New York” and Ultramax Vessel “DSI Pyxis” at Higher Rates
Diana Shipping Inc. has secured new time charter contracts for its Capesize dry bulk vessel "New York" and Ultramax dry bulk vessel "DSI Pyxis" at significantly higher daily rates. The contracts are expected to generate approximately $23.76 million in gross revenue and will contribute to the company's existing fleet of 36 dry bulk vessels, with two additional methanol dual-fuel Kamsarmax vessels slated for delivery by 2028.
APR 29·TipRanks→
Diana Shipping Secures Higher-Rate Time Charters for Capesize and Ultramax Vessels
Diana Shipping (DSX) has announced new time charter contracts for its Capesize m/v New York and Ultramax m/v DSI Pyxis vessels, securing higher daily rates. These charters are expected to generate approximately $23.76 million in minimum gross revenue, enhancing the company's earnings visibility. While Spark, TipRanks’ AI Analyst, rates DSX as Neutral due to some financial cooling, the strong contract coverage and utilization in 2026 offer some support.
