04:37 PM EDT, 07/11/2024 (MT Newswires) -- Diana Shipping ( DSX ) said late Thursday its wholly-owned unit entered into a time charter contract with Cargill International for a dry bulk vessel at $14,600 per day, minus third-party commissions.

The charter, expected to begin July 19, will last at least until June 1, 2025, and can be extended up to July 31, 2025, the company said.

Diana Shipping ( DSX ) said it expects to generate gross revenue of about $4.6 million for the minimum scheduled period of the charter.

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