Diana Shipping Secures New Time Charter for m/v Astarte
Ticker: DSX-WT · Form: 6-K · Filed: Jul 28, 2025 · CIK: 1318885
Sentiment: neutral
Topics: charter-agreement, dry-bulk, shipping
TL;DR
Diana Shipping inks new charter for m/v Astarte with Propel Shipping.
AI Summary
Diana Shipping Inc. announced on July 28, 2025, that its wholly-owned subsidiary has entered into a time charter contract with Propel Shipping Pte. Ltd. for the Kamsarmax dry bulk vessel, m/v Astarte. This agreement is incorporated into the company's existing registration statements on Form F-3.
Why It Matters
This new charter agreement indicates ongoing commercial activity and revenue generation for Diana Shipping's fleet, contributing to its operational stability.
Risk Assessment
Risk Level: low — The filing is a routine report of a new charter agreement, not indicating significant financial distress or major strategic shifts.
Key Players & Entities
- Diana Shipping Inc. (company) — Registrant
- Propel Shipping Pte. Ltd. (company) — Charterer
- m/v Astarte (company) — Vessel
- July 28, 2025 (date) — Announcement Date
FAQ
What type of vessel is the m/v Astarte?
The m/v Astarte is a Kamsarmax dry bulk vessel.
Who is the charterer for the m/v Astarte?
The charterer is Propel Shipping Pte. Ltd.
What is the date of the announcement regarding the charter contract?
The announcement was made on July 28, 2025.
Which subsidiary of Diana Shipping Inc. entered into the charter contract?
A separate wholly-owned subsidiary of Diana Shipping Inc. entered into the contract.
Are the details of this charter incorporated into any of Diana Shipping's SEC filings?
Yes, the information is incorporated by reference into the Company's registration statements on Form F-3 (File Nos. 333-266999 and 333-280693).
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on July 28, 2025 regarding DIANA SHIPPING INC. (DSX-WT).