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Diana Shipping Inc. announced a time charter contract for its Newcastlemax dry bulk vessel, the m/v Philadelphia, with…
DSX-WTDiana Shipping Inc.
Diana Shipping Inc. announced a time charter contract for its Newcastlemax dry bulk vessel, the m/v Philadelphia, with Classic Maritime Inc. The agreement sets a gross charter rate of US$35,500 per day, net of a 5.00% commission, for a period running from a minimum of March 10, 2027, to a maximum of May 10, 2027, with commencement expected on August 8, 2026. This replaces the vessel's previous charter with Refined Success Limited at US$21,500 per day. The new employment is projected to generate approximately US$7.46 million in gross revenue during the minimum scheduled period. Diana Shipping Inc. operates in the global shipping transportation services industry, specializing in the ownership and bareboat charter-in of dry bulk vessels to transport commodities such as iron ore, coal, and grain.