10:02 AM EDT, 06/26/2025 (MT Newswires) -- Diana Shipping ( DSX ) said Thursday that it signed a time charter contract with Cargill Ocean Transportation for the m/v DSI Polaris Ultramax dry bulk vessel.

The contract, at a gross charter rate of $12,250, is expected to generate about $4.7 million of gross revenue for the minimum scheduled period, the company said.

The charter starts July 1 and is for a minimum period through July 21, 2026 or maximum period through Sept. 21, 2026, said Diana Shipping ( DSX ).

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