Diana Shipping: Time charter contract for ultramax vessel with Stone Shipping

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Diana Shipping Inc., a global shipping company specialising in the ownership and bareboat charter-in of dry bulk vessels, has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Stone Shipping Ltd, for one of its Ultramax dry bulk vessels, the m/v DSI Pyxis.

The gross charter rate is US$13 100 per day, minus a 5.00% commission paid to third parties, for a period until minimum 20 February 2026 up to maximum 20 April 2026.

The DSI Pyxis is a 60 362 dwt Ultramax dry bulk vessel built in 2018.

The employment of DSI Pyxis is anticipated to generate approximately US$6.05 million of gross revenue for the minimum scheduled period of the time charter.