Information
ATHENS, Greece, Jan. 10, 2025 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), ...
Original sourceAI Summary
Diana Shipping signed a charter for the m/v New York at $6,300 per day. Charter rate increases to $17,600 after the first trip, lasting until March 2026. Projected revenue from the charter is approximately $6.03 million. Company's fleet consists of 38 vessels with a capacity of 4.2 million dwt. Diana Shipping anticipates delivery of two new vessels between 2027 and 2028.
Sentiment Rationale
The charter contract increases revenue forecasts, supporting overall business health similar to previous profitable deals.
Trading Thesis
The immediate income from the charter will influence near-term financials; long-term impact depends on future contracts.
Market-Moving
- Diana Shipping signed a charter for the m/v New York at $6,300 per day.
- Charter rate increases to $17,600 after the first trip, lasting until March 2026.
- Projected revenue from the charter is approximately $6.03 million.
Key Facts
- Diana Shipping signed a charter for the m/v New York at $6,300 per day.
- Charter rate increases to $17,600 after the first trip, lasting until March 2026.
- Projected revenue from the charter is approximately $6.03 million.
- Company's fleet consists of 38 vessels with a capacity of 4.2 million dwt.
- Diana Shipping anticipates delivery of two new vessels between 2027 and 2028.
Companies Mentioned
- SBLK (SBLK)
- GOGL (GOGL)
Corporate Developments
The charter details indicate solid revenue prospects, directly impacting DSX's market performance.