DSX - Diana takes delivery enters time charter for m/v DSI Aquarius

• Diana Shipping ( NYSE: DSX ) +4% said Monday it took delivery of the m/v DSI Aquarius, a 2016 built Ultramax dry bulk vessel of 60,309 dwt.
• The company also entered into a time charter contract with Engelhart CTP Freight for Aquarius.
• Under terms, gross charter rate will be US$14,200 per day, minus a 5% commission paid to third parties, for a period until minimum January 10, 2024 up to maximum March 25, 2024.
• The charter is expected to commence on February 1, 2023.
• The employment of “DSI Aquarius” is anticipated to generate about US$4.81 million of gross revenue for the minimum scheduled period of the time charter.
• Upon the completion of the previously announced sale of m/v Aliki and including the newly delivered m/v DSI Aquarius, Diana's fleet will consist of 42 dry bulk vessels.

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