Diana Shipping Inc. (NYSE:DSX), (the "Company"), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with Stone Shipping Ltd, for one of its Ice Class Panamax dry bulk vessels, the m/v Atalandi. The gross charter rate is US$16,500 per day, minus a 5.00% commission paid to third parties, for a period until minimum August 1, 2027 up to maximum September 30, 2027. The new charter period is expected to commence on August 5, 2026. The m/v Atalandi is currently chartered, as previously announced, at a gross charter rate of US$10,100 per day, minus a 5.00% commission paid to third parties.

The "Atalandi" is a 77,529 dwt Ice Class Panamax dry bulk vessel built in 2014.

The employment extension of "Atalandi" is anticipated to generate approximately US$5.89 million of gross revenue for the minimum scheduled period of the time charter.

 

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