Diana Shipping Charters Vessel to Cargill

Ticker: DSX-WT · Form: 6-K · Filed: Feb 19, 2025 · CIK: 1318885

Diana Shipping INC. 6-K Filing Summary
FieldDetail
CompanyDiana Shipping INC. (DSX-WT)
Form Type6-K
Filed DateFeb 19, 2025
Risk Levellow
Sentimentneutral

Sentiment: neutral

Topics: charter-party, shipping, dry-bulk

TL;DR

Diana Shipping inks new charter with Cargill for m/v Myrsini.

AI Summary

Diana Shipping Inc. announced on February 19, 2025, that it has entered into a time charter contract with Cargill International SA, Geneva, for its Kamsarmax dry bulk vessel, the m/v Myrsini. This contract is for an unspecified duration and rate, but it represents a new business engagement for the company.

Why It Matters

This new charter agreement with a major player like Cargill International SA indicates ongoing demand for dry bulk shipping services and provides revenue visibility for Diana Shipping Inc.

Risk Assessment

Risk Level: low — The filing is a routine report of a new charter agreement, with no immediate financial distress or significant negative events indicated.

Key Players & Entities

FAQ

What is the duration of the time charter contract with Cargill International SA?

The filing does not specify the duration of the time charter contract for the m/v Myrsini.

What is the daily rate for the time charter of the m/v Myrsini?

The filing does not disclose the daily charter rate for the m/v Myrsini.

Which specific subsidiary of Diana Shipping Inc. entered into the charter contract?

The press release states that the contract was entered into through a separate wholly-owned subsidiary of Diana Shipping Inc.

What type of vessel is the m/v Myrsini?

The m/v Myrsini is a Kamsarmax dry bulk vessel.

What is the Commission File Number for Diana Shipping Inc.'s 6-K filing?

The Commission File Number for Diana Shipping Inc.'s 6-K filing is 001-32458.

Filing Details

This Form 6-K (Form 6-K) was filed with the SEC on February 19, 2025 regarding DIANA SHIPPING INC. (DSX-WT).

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