10:14 AM EDT, 09/29/2025 (MT Newswires) -- Diana Shipping ( DSX ) said Monday it signed a time charter contract with Bunge for one of its Ultramax dry bulk ships, the DSI Aquila.

The gross charter rate is $14,500, minus a 5% commission paid to third parties, for a period until at least Feb. 25, 2027, and up to April 25, 2027, Diana said, adding the contract is expected to generate about $7.15 million of gross revenue for the minimum scheduled period.

The charter is expected to start on Oct. 12, the company said.

Shares of Diana Shipping ( DSX ) were down nearly 1% in recent trading.

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