DSX - Diana Shipping announces time charter contracts for two dry bulk vessels

• Diana Shipping ( NYSE: DSX ), through a separate wholly-owned subsidiary, entered into a time charter contract with Refined Success Limited, for one of its Post-Panamax dry bulk vessels, the m/v Electra.
• The gross charter rate is $17.5K/day for a period until minimum Apr.1, 2023 up to maximum May 30, 2023.
• The charter commenced on July 2, 2022.
• It also announced that, through a separate wholly-owned subsidiary, entered into a time charter contract with C Transport Maritime, Bermuda, for one of its Capesize dry bulk vessels, the m/v New York.
• The gross charter rate is $23K/day; for a period until minimum June 10, 2023 up to maximum Aug.25, 2023;  charter commenced on July 2, 2022.
• The employments of Electra and New York are expected to generate ~$12.48M of gross revenue for the minimum scheduled period of the time charters.

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