StockWatch
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Marine Transportation
DealsAug 7, 2026, 05:13 PM

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

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 contract is for a gross charter rate of US$30,500 per day, minus a 5.00% commission, for a period of 32 to 35.5 months. This new charter, expected to commence in Q2 2027, is projected to generate approximately US$29.28 million in gross revenue and represents an increase from the vessel's previous charter rate of US$25,900 per day.

Key Highlights

  • Diana Shipping secured a time charter contract for its m/v Florida with Nippon Yusen Kabushiki Kaisha.
  • The gross charter rate is US$30,500 per day, minus a 5.00% commission to third parties.
  • The charter period is for a minimum of 32 months up to a maximum of 35.5 months.
  • The charter is expected to commence during the second quarter of 2027.
  • The employment of m/v Florida is anticipated to generate approximately US$29.28 million in gross revenue.
  • The m/v Florida is a 182,063 dwt Capesize dry bulk vessel built in 2022.
  • The vessel was previously chartered at a gross rate of US$25,900 per day.