DSX - Diana Shipping signs new time charter contract for m/v New Orleans
Diana Shipping (DSX +4.4%) has signed a time charter contract with Engelhart CTP Freight (Switzerland) for its m/v New Orleans Capesize dry bulk vessel. Built in 2015, the 180,960-dwt vessel has been chartered at $32K/day for a period until minimum Nov. 20, 2023 up to maximum Jan. 31, 2024; charter is expected to commence on Mar. 25, 2022. The contract is estimated to generated gross revenue of ~$19.04M for the minimum scheduled period of the time charter. The vessel is currently chartered to Nippon Yusen Kabushiki Kaisha at $15.5K/day.
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Diana Shipping signs new time charter contract for m/v New Orleans