Cargill Ocean Transportation (Singapore) Pte. Ltd.
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Diana Shipping Inc. Announces Time Charter Contracts for m/v DSI Pollux With Stone Shipping and m/v DSI Andromeda With Western Bulk
Globenewswire· 2025-12-04 14:20
Core Viewpoint - Diana Shipping Inc. has entered into time charter contracts for two Ultramax dry bulk vessels, the m/v DSI Pollux and m/v DSI Andromeda, generating significant revenue for the company [1][3][4]. Group 1: Charter Contracts - The m/v DSI Pollux has a gross charter rate of US$14,750 per day, with a charter period from December 8, 2025, until a minimum of January 1, 2027, and a maximum of February 28, 2027 [1]. - The m/v DSI Andromeda has a gross charter rate of US$14,600 per day, with a charter period from December 7, 2025, until a minimum of April 1, 2027, and a maximum of May 31, 2027 [3]. - The total gross revenue anticipated from the employments of both vessels for the minimum scheduled period is approximately US$12.60 million [4]. Group 2: Fleet Information - Diana Shipping Inc. currently operates a fleet of 36 dry bulk vessels, including various types such as Newcastlemax, Capesize, Post-Panamax, Kamsarmax, Panamax, and Ultramax [5]. - The combined carrying capacity of the fleet, excluding two vessels not yet delivered, is approximately 4.1 million deadweight tons (dwt), with a weighted average age of 12.03 years [5]. - The company expects to take delivery of two methanol dual fuel new-building Kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028 [5]. Group 3: Company Overview - Diana Shipping Inc. is a global provider of shipping transportation services, specializing in the ownership and bareboat charter-in of dry bulk vessels [6]. - The company's vessels primarily engage in short to medium-term time charters, transporting a range of dry bulk cargoes, including iron ore, coal, and grain [6].
Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Pegasus With Cargill Ocean Transportation
Globenewswire· 2025-08-08 13:00
Core Viewpoint - Diana Shipping Inc. has entered into a time charter contract with Cargill Ocean Transportation for its Ultramax dry bulk vessel, the m/v DSI Pegasus, with a gross charter rate of US$14,250 per day, expected to generate approximately US$3.92 million in gross revenue for the minimum charter period [1][2]. Group 1: Charter Agreement Details - The time charter for the m/v DSI Pegasus is set to commence on August 15, 2025, and will last until at least May 20, 2026, with a maximum end date of July 20, 2026 [1]. - The charter rate is subject to a 4.75% commission paid to third parties [1]. Group 2: Fleet Information - Diana Shipping Inc. currently operates a fleet of 36 dry bulk vessels, including various types such as Newcastlemax, Capesize, Post-Panamax, Kamsarmax, Panamax, and Ultramax [3]. - The total carrying capacity of the fleet, excluding two vessels not yet delivered, is approximately 4.1 million dwt, with a weighted average age of 11.71 years [3]. - The company anticipates the delivery of two new methanol dual fuel Kamsarmax vessels by the second half of 2027 and the first half of 2028 [3]. Group 3: Company Overview - Diana Shipping Inc. specializes in shipping transportation services through the ownership and bareboat charter-in of dry bulk vessels, primarily engaging in short to medium-term time charters [4]. - The vessels transport a variety of dry bulk cargoes, including iron ore, coal, and grain, along global shipping routes [4].
Diana Shipping Inc. Announces Time Charter Contract For m/v DSI Phoenix With Cargill Ocean Transportation
Globenewswire· 2025-07-25 13:12
Core Viewpoint - Diana Shipping Inc. has entered into a time charter contract with Cargill Ocean Transportation for its Ultramax dry bulk vessel, the m/v DSI Phoenix, with a gross charter rate of US$13,500 per day, expected to generate approximately US$5.64 million in gross revenue for the minimum charter period [1][2]. Group 1: Charter Agreement Details - The time charter for the m/v DSI Phoenix is set to commence on August 3, 2025, and will last until at least October 1, 2026, with a maximum end date of November 30, 2026 [1]. - The charter rate is subject to a 4.75% commission paid to third parties [1]. Group 2: Fleet Information - Diana Shipping Inc. currently operates a fleet of 36 dry bulk vessels, including various types such as Newcastlemax, Capesize, Post-Panamax, Kamsarmax, Panamax, and Ultramax [3]. - The total carrying capacity of the fleet, excluding two vessels yet to be delivered, is approximately 4.1 million deadweight tons (dwt), with a weighted average age of 11.67 years [3]. - The company expects to take delivery of two new methanol dual fuel Kamsarmax vessels by the second half of 2027 and the first half of 2028 [3]. Group 3: Company Overview - Diana Shipping Inc. specializes in shipping transportation services through the ownership and bareboat charter-in of dry bulk vessels, primarily engaged in short to medium-term time charters [4]. - The vessels transport a variety of dry bulk cargoes, including iron ore, coal, and grain, along global shipping routes [4].
Diana Shipping Inc. Announces Time Charter Contract For m/v DSI Phoenix With Cargill Ocean Transportation
GlobeNewswire News Room· 2025-07-25 13:12
Core Viewpoint - Diana Shipping Inc. has entered into a time charter contract with Cargill Ocean Transportation for its Ultramax dry bulk vessel, the m/v DSI Phoenix, with a gross charter rate of US$13,500 per day, expected to generate approximately US$5.64 million in gross revenue for the minimum charter period [1][2]. Group 1: Charter Agreement Details - The time charter for the m/v DSI Phoenix is set to commence on August 3, 2025, and will last until at least October 1, 2026, with a maximum end date of November 30, 2026 [1]. - The charter rate is subject to a 4.75% commission paid to third parties [1]. Group 2: Fleet Composition and Future Plans - Diana Shipping Inc. currently operates a fleet of 36 dry bulk vessels, including various types such as Newcastlemax, Capesize, Post-Panamax, Kamsarmax, Panamax, and Ultramax [3]. - The company is expecting to take delivery of two new methanol dual fuel Kamsarmax vessels by the second half of 2027 and the first half of 2028 [3]. - The total carrying capacity of the fleet, excluding the two vessels not yet delivered, is approximately 4.1 million deadweight tons (dwt), with a weighted average age of 11.67 years [3]. Group 3: Company Overview - Diana Shipping Inc. specializes in shipping transportation services through the ownership and bareboat charter-in of dry bulk vessels, primarily engaged in short to medium-term time charters [4]. - The vessels transport a variety of dry bulk cargoes, including iron ore, coal, and grain, along global shipping routes [4].
Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Polaris With Cargill Ocean Transportation
Globenewswire· 2025-06-26 13:25
Core Viewpoint - Diana Shipping Inc. has entered into a time charter contract with Cargill Ocean Transportation for its Ultramax dry bulk vessel, m/v DSI Polaris, with a gross charter rate of US$12,250 per day, expected to generate approximately US$4.66 million in gross revenue for the minimum charter period [1][2]. Group 1: Charter Agreement Details - The time charter for m/v DSI Polaris is set to commence on July 1, 2025, and will last until at least July 21, 2026, with a maximum end date of September 21, 2026 [1]. - The charter rate is subject to a 4.75% commission paid to third parties [1]. Group 2: Fleet Composition and Future Plans - Following the sale of m/v Selina, Diana Shipping Inc.'s fleet will consist of 36 dry bulk vessels, including various types such as Newcastlemax, Capesize, and Ultramax [3]. - The company anticipates taking delivery of two methanol dual fuel new-building Kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028 [3]. - The current fleet has a combined carrying capacity of approximately 4.1 million dwt and a weighted average age of 11.65 years [3]. Group 3: Company Overview - Diana Shipping Inc. specializes in shipping transportation services through the ownership and bareboat charter-in of dry bulk vessels, primarily engaged in short to medium-term time charters [4]. - The vessels transport a variety of dry bulk cargoes, including iron ore, coal, and grain, along global shipping routes [4].