DSX - Diana Shipping signs time charter deals for three vessels

• Diana Shipping ( NYSE: DSX ) has signed time charter contracts for its m/v Amphitrite, m/v Crystalia and m/v DSI Phoenix.
• The Amphitrite Post-Panamax dry bulk vessel was chartered to Cobelfret at gross charter rate of $14.25K/day for a period until minimum December 1, 2023 up to maximum Feb. 15, 2024. The charter is expected to commence on Nov. 10, 2022.
• The Crystalia Ice Class Panamax dry bulk vessel was chartered to Reachy Shipping at $12.5K/day for a period until minimum Sep. 1, 2023 up to maximum Oct. 15, 2023. The charter is expected to commence on Nov. 8, 2022.
• The Phoenix Ultramax dry bulk vessel has been chartered to ASL Bulk Marine at $13.25K/day for a period of minimum sixteen (16) months to maximum eighteen (18) months. The charter commenced on Nov. 4, 2022.
• These employments are expected to generate ~$15.45M of gross revenue for the minimum scheduled period of the time charters.
• DSX shares were up 5% shortly before 10.35AM ET

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