10:09 AM EST, 02/19/2025 (MT Newswires) -- Diana Shipping ( DSX ) said Wednesday that one of its subsidiaries signed a time charter contract with Cargill International for its Kamsarmax dry bulk vessel Myrsini.

The charter is expected to start Feb. 28 and will run until at least Jan. 1, 2026, but can be extended to Feb. 28, Diana Shipping ( DSX ) said.

The gross rate is $13,000 per day, minus a 4.75% commission paid to third parties, the company said, adding that the deal is expected to generate gross revenue of about $4 million for the minimum scheduled period.

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