StockWatch
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Marine Transportation
Business UpdateJun 24, 2026, 09:03 AM

Diana Shipping Charters m/v Ismene at $15,750/day

AI Summary

Diana Shipping Inc. announced a new time charter contract for its Panamax dry bulk vessel, m/v Ismene, with Paralos Shipping Pte. Ltd. The new gross charter rate is US$15,750 per day, a significant increase from the previous US$11,000 per day. The contract is expected to commence on July 5, 2026, and run until at least May 15, 2027, generating approximately US$4.88 million in gross revenue. The company's fleet currently comprises 36 dry bulk vessels, with two additional new-building Kamsarmax vessels expected for delivery by the first half of 2028.

Key Highlights

  • Entered time charter contract for m/v Ismene with Paralos Shipping Pte. Ltd.
  • Gross charter rate for m/v Ismene is US$15,750 per day.
  • Charter period is until minimum May 15, 2027, up to maximum July 15, 2027.
  • Expected to generate approximately US$4.88 million in gross revenue.
  • Previous charter rate for m/v Ismene was US$11,000 per day.
  • Company's fleet consists of 36 dry bulk vessels.
  • Two methanol dual fuel new-building Kamsarmax vessels expected by H2 2027 and H1 2028.