STOCKWATCH
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Marine Transportation
DealsApr 29, 2026, 09:19 AM

DSX Secures 2 New Time Charters, $23.76M Gross Revenue

AI Summary

Diana Shipping Inc. announced new time charter contracts for its Capesize dry bulk vessel m/v New York and Ultramax dry bulk vessel m/v DSI Pyxis. The m/v New York's gross charter rate increased to $27,500 per day from $17,600 per day, while the m/v DSI Pyxis's rate rose to $16,000 per day from $13,100 per day. These new employments are anticipated to generate approximately $23.76 million in gross revenue for the minimum scheduled period of the charters.

Key Highlights

  • New time charter for m/v New York at $27,500 per day, up from $17,600 per day.
  • New time charter for m/v DSI Pyxis at $16,000 per day, up from $13,100 per day.
  • Charters expected to generate approximately $23.76 million in gross revenue.
  • m/v New York charter period until minimum February 1, 2028, maximum March 31, 2028.
  • m/v DSI Pyxis charter period until minimum June 15, 2027, maximum August 15, 2027.
  • Fleet consists of 36 dry bulk vessels, with 2 new-buildings expected by H2 2027/H1 2028.
  • Combined carrying capacity of 4.1 million dwt, weighted average age 12.43 years.
DSX
Marine Transportation
DIANA SHIPPING INC.

Price Impact