StockWatch
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Marine Transportation
Business UpdateAug 7, 2026, 09:07 AM

Diana Shipping Charters m/v Florida for $30,500/day

AI Summary

Diana Shipping Inc. announced a new time charter contract for its Capesize dry bulk vessel, m/v Florida, with Nippon Yusen Kabushiki Kaisha, Tokyo. The new gross charter rate is US$30,500 per day, a significant increase from the previous rate of US$25,900 per day. The contract is for a minimum of 32 months up to 35.5 months, expected to commence in Q2 2027, and is anticipated to generate approximately US$29.28 million in gross revenue. The company's fleet currently comprises 36 dry bulk vessels.

Key Highlights

  • New time charter for m/v Florida at US$30,500 per day.
  • Charter period is minimum 32 months up to 35.5 months.
  • Expected to generate approximately US$29.28 million gross revenue.
  • Previous charter rate for m/v Florida was US$25,900 per day.
  • Charter expected to commence during the second quarter of 2027.
  • Fleet consists of 36 dry bulk vessels, with 2 new-buildings expected.