10:33 AM EDT, 09/23/2025 (MT Newswires) -- Diana Shipping ( DSX ) signed a time charter contract with Nippon Yusen Kabushiki Kaisha of Tokyo for its M/V Leonidas dry bulk vessel, expected to generate $4.93 million in gross revenue.

The charter, with a gross charter rate of $14,000 is due to commence Wednesday and is for a minimum period through Sept. 15, 2026, or a maximum period through Nov. 15, 2026, Diana Shipping ( DSX ) said Tuesday in a statement.

The company's shares rose 4% in recent Tuesday trading.

Price: 1.90, Change: +0.08, Percent Change: +4.34