DIANA SHIPPING INC. (DSX) Form 6-K — Aug 25, 2026
Diana Shipping Inc. announced on August 24, 2026 that, through a wholly-owned subsidiary, it extended the time charter contract for its Panamax dry bulk vessel m/v Leto with Cargill International SA, Geneva, at a gross charter rate of US$18,000 per day, minus a 4.75% commission paid to third parties. The new charter period is expected to commence on September 10, 2026 and run until a minimum of September 1, 2027 up to a maximum of October 31, 2027, generating approximately US$6.34 million of gross revenue for the minimum scheduled period. The Leto is currently chartered at US$12,750 per day, so the extension represents a rate improvement of roughly 41%.
Key figures
- Vessel dwt
- 81297
- Fleet vessels
- 36
- Vessel build year
- 2010
- Charter period end
- minimum September 1, 2027 up to maximum October 31, 2027
- Fleet capacity dwt
- approximately 4.1 million dwt
- Newbuilding pipeline
- 2 methanol dual-fuel Kamsarmax vessels due H2 2027 and H1 2028
- New daily charter rate usd
- 18000
- Third party commission pct
- 4.75
- Prior daily charter rate usd
- 12750
- Charter commencement expected
- September 10, 2026
- Fleet weighted average age years
- 12.75
- Expected gross revenue minimum period
- approximately US$6.34 million
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