- Diana Shipping (NYSE:DSX) on Friday said, through a wholly-owned subsidiary, it has extended its time charter contract with Nippon Yusen Kabushiki Kaisha for its dry bulk vessel, m/v Los Angeles.
- The company added that the gross charter rate is $28,700 per day, minus a 5% commission paid to third parties, until October 1, 2025, up to December 15, 2025.
- The employment extension of the dry bulk vessel is expected to generate about $12.43M of revenue for the minimum scheduled period of the time charter.
- The new charter period is to commence on July 18, 2024.
- Press release.
2024-07-05