Diana Shipping Inc. Announces Time Charter Contract for m/v Ismene
Diana Shipping Inc. (NYSE: DSX) has secured a new time charter contract for its Panamax vessel m/v Ismene through a wholly-owned subsidiary. The agreement with China Resource Chartering Pte. sets a gross charter rate of $11,000 per day (minus 5% third-party commission) from April 26, 2025, until minimum March 20, 2026, up to maximum May 20, 2026.
The charter is expected to generate approximately $3.54 million in gross revenue for the minimum scheduled period. The Ismene is a 77,901 dwt Panamax dry bulk vessel built in 2013.
Diana Shipping's current fleet comprises 37 dry bulk vessels with a combined carrying capacity of 4.1 million dwt and an average age of 11.46 years. The company anticipates delivery of two methanol dual fuel Kamsarmax vessels by second half 2027 and first half 2028.
Diana Shipping Inc. (NYSE: DSX) ha ottenuto un nuovo contratto di noleggio a tempo per la sua nave Panamax m/v Ismene tramite una controllata interamente posseduta. L'accordo con China Resource Chartering Pte. prevede un canone lordo di 11.000 dollari al giorno (meno il 5% di commissione a terzi) dal 26 aprile 2025, fino a un minimo del 20 marzo 2026 e massimo il 20 maggio 2026.
Il noleggio dovrebbe generare circa 3,54 milioni di dollari di ricavi lordi per il periodo minimo previsto. L'Ismene è una nave Panamax per carichi secchi da 77.901 dwt costruita nel 2013.
La flotta attuale di Diana Shipping comprende 37 navi per carichi secchi con una capacità complessiva di 4,1 milioni di dwt e un'età media di 11,46 anni. La società prevede la consegna di due navi Kamsarmax a doppia alimentazione metanolo nella seconda metà del 2027 e nella prima metà del 2028.
Diana Shipping Inc. (NYSE: DSX) ha asegurado un nuevo contrato de fletamento a tiempo para su buque Panamax m/v Ismene a través de una subsidiaria de propiedad total. El acuerdo con China Resource Chartering Pte. establece una tarifa bruta de 11,000 dólares por día (menos una comisión del 5% a terceros) desde el 26 de abril de 2025, hasta un mínimo del 20 de marzo de 2026 y un máximo del 20 de mayo de 2026.
Se espera que el fletamento genere aproximadamente 3,54 millones de dólares en ingresos brutos durante el período mínimo programado. El Ismene es un buque Panamax de carga seca de 77,901 dwt construido en 2013.
La flota actual de Diana Shipping consta de 37 buques de carga seca con una capacidad combinada de 4,1 millones de dwt y una edad promedio de 11,46 años. La compañía anticipa la entrega de dos buques Kamsarmax con doble combustible de metanol para la segunda mitad de 2027 y la primera mitad de 2028.
Diana Shipping Inc. (NYSE: DSX)는 100% 자회사인 m/v Ismene라는 Panamax 선박에 대한 새로운 기간용 용선 계약을 체결했습니다. China Resource Chartering Pte.와의 계약은 2025년 4월 26일부터 최소 2026년 3월 20일, 최대 2026년 5월 20일까지 하루 11,000달러의 총 용선료(제3자 수수료 5% 제외)를 설정했습니다.
이 용선 계약은 최소 예정 기간 동안 약 354만 달러의 총 수익을 창출할 것으로 예상됩니다. Ismene는 2013년에 건조된 77,901 dwt의 Panamax 건화물선입니다.
Diana Shipping의 현재 선대는 총 4.1백만 dwt의 적재 능력을 가진 37척의 건화물선으로 구성되어 있으며 평균 연령은 11.46년입니다. 회사는 2027년 하반기와 2028년 상반기에 메탄올 이중 연료 Kamsarmax 선박 2척의 인도를 예상하고 있습니다.
Diana Shipping Inc. (NYSE: DSX) a conclu un nouveau contrat d'affrètement à temps pour son navire Panamax m/v Ismene via une filiale en propriété exclusive. L'accord avec China Resource Chartering Pte. fixe un taux brut d'affrètement de 11 000 dollars par jour (moins une commission tiers de 5 %) du 26 avril 2025 au minimum jusqu'au 20 mars 2026, et au maximum jusqu'au 20 mai 2026.
L'affrètement devrait générer environ 3,54 millions de dollars de revenus bruts pour la période minimale prévue. L'Ismene est un navire Panamax sec de 77 901 tpl construit en 2013.
La flotte actuelle de Diana Shipping comprend 37 navires de charge sèche d'une capacité totale de 4,1 millions de tpl et d'un âge moyen de 11,46 ans. La société prévoit la livraison de deux navires Kamsarmax à double carburant méthanol au second semestre 2027 et au premier semestre 2028.
Diana Shipping Inc. (NYSE: DSX) hat über eine hundertprozentige Tochtergesellschaft einen neuen Zeitchartervertrag für ihr Panamax-Schiff m/v Ismene abgeschlossen. Die Vereinbarung mit China Resource Chartering Pte. sieht eine Bruttomietrate von 11.000 US-Dollar pro Tag (abzüglich 5 % Drittprovision) vom 26. April 2025 bis mindestens 20. März 2026 und maximal 20. Mai 2026 vor.
Der Chartervertrag soll im Mindestzeitraum etwa 3,54 Millionen US-Dollar Bruttoeinnahmen generieren. Die Ismene ist ein Panamax-Trockenfrachtschiff mit 77.901 dwt, gebaut im Jahr 2013.
Die aktuelle Flotte von Diana Shipping umfasst 37 Trockenfrachtschiffe mit einer Gesamttragfähigkeit von 4,1 Millionen dwt und einem Durchschnittsalter von 11,46 Jahren. Das Unternehmen erwartet die Lieferung von zwei methanolbetriebenen Kamsarmax-Schiffen in der zweiten Hälfte 2027 und der ersten Hälfte 2028.
- Secured new time charter contract generating $3.54 million in minimum gross revenue
- Fleet expansion with two eco-friendly methanol dual fuel vessels scheduled for delivery
- Large diversified fleet of 37 vessels with 4.1 million dwt capacity
- Relatively aged fleet with 11.46 years average age
- New charter rate of $11,000/day may be considered moderate in current market conditions
ATHENS, Greece, April 15, 2025 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with China Resource Chartering Pte. Ltd., for one of its Panamax dry bulk vessels, the m/v Ismene. The gross charter rate is US
The “Ismene” is a 77,901 dwt Panamax dry bulk vessel built in 2013.
The employment of “Ismene” is anticipated to generate approximately US
Diana Shipping Inc.’s fleet currently consists of 37 dry bulk vessels (4 Newcastlemax, 8 Capesize, 4 Post-Panamax, 6 Kamsarmax, 6 Panamax and 9 Ultramax). The Company also expects to take delivery of two methanol dual fuel new-building Kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028, respectively. As of today, the combined carrying capacity of the Company’s fleet, excluding the two vessels not yet delivered, is approximately 4.1 million dwt, with a weighted average age of 11.46 years. A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com. Information contained on the Company’s website does not constitute part of this press release.
About the Company
Diana Shipping Inc. is a global provider of shipping transportation services through its ownership and bareboat charter-in of dry bulk vessels. The Company’s vessels are employed primarily on short to medium-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.
Cautionary Statement Regarding Forward-Looking Statements
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.
The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements.
The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, Company management’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond the Company’s control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.
In addition to these important factors, other important factors that, in the Company’s view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk shipping capacity, changes in the Company’s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Company’s vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, including risks associated with the continuing conflict between Russia and Ukraine and related sanctions, potential disruption of shipping routes due to accidents or political events, including the escalation of the conflict in the Middle East, vessel breakdowns and instances of off-hires and other factors. Please see the Company’s filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
Corporate Contact:
Ioannis Zafirakis
Director, Co-Chief Financial Officer,
Chief Strategy Officer,
Treasurer and Secretary
Telephone: + 30-210-9470-100
Email: izafirakis@dianashippinginc.com
Website: www.dianashippinginc.com
X: @Dianaship
Investor Relations/Media Contact:
Nicolas Bornozis / Daniela Guerrero
Capital Link, Inc.
230 Park Avenue, Suite 1540
New York, N.Y. 10169
Tel.: (212) 661-7566
Email: diana@capitallink.com
FAQ
What are the key terms of DSX's new charter contract for m/v Ismene?
How many vessels are currently in Diana Shipping's (DSX) fleet?
What new vessels is DSX expecting to add to its fleet by 2028?
What is the average age of Diana Shipping's (DSX) current fleet?
