Business UpdateJul 23, 2026, 08:56 AM
Diana Shipping Extends Atalandi Charter at $16,500/day; $5.89M Revenue
AI Summary
Diana Shipping Inc. announced the extension of a time charter contract for its m/v Atalandi, an Ice Class Panamax dry bulk vessel, with Stone Shipping Ltd. The new gross charter rate is US$16,500 per day, a significant increase from the previous US$10,100 per day, and is effective from August 5, 2026, until at least August 1, 2027. This extension is projected to generate approximately US$5.89 million in gross revenue for the minimum scheduled period. The company's fleet currently comprises 36 dry bulk vessels, with two additional methanol dual fuel new-building Kamsarmax vessels expected by mid-2028.
Key Highlights
- Extended time charter for m/v Atalandi with Stone Shipping Ltd.
- New gross charter rate set at US$16,500 per day.
- Previous gross charter rate was US$10,100 per day.
- Expected to generate US$5.89 million gross revenue for minimum period.
- Charter period until minimum August 1, 2027, up to September 30, 2027.
- Current fleet consists of 36 dry bulk vessels.
- Expects delivery of 2 methanol dual fuel Kamsarmax vessels by H1 2028.
Price Impact
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