Diana Shipping Inc. Announces Time Charter Contracts for m/v Electra With Refined Success and m/v New York With C Transport

ATHENS, Greece, July 05, 2022 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE:DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Refined Success Limited, for one of its Post-Panamax dry bulk vessels, the m/v Electra. The gross charter rate is US$17,500 per day, minus a 5% commission paid to third parties, for a period until minimum April 1, 2023 up to maximum May 30, 2023. The charter commenced on July 2, 2022. The m/v Electra was chartered to Raffles Shipping International Pte. Ltd., at a gross charter rate of US$16,500 per day, minus a 5% commission paid to third parties.