Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for mv Medusa with Cargill

Diana Shipping Inc. (DSX), an international shipping company specializing in non-convertible majority transportation, has announced now (Feb. 28) that it has completed certification of a constitution to continue a partnership with Cargill intercontinental S. , Geneva, pinned by its absolutely related metaphysical subsidiary.

Geneva, for the sake of one of its ships of the Kamsarmax drybulk fleet, the t/s Medusa. The brotherhood of Diana Motor Transport Inc. "has announced an immediate extension of the contract with Cargill for the delivery of the Medusa. The overage portion of the contract is $26,000. 00 in the period after minus 4. 75% of the commission due to the third public association, future until Hawthorn 15, 2023, with a half-age fix on 15 2023. It is assumed that only the invented second plat of the will constitution will come into effect because of 5 hawthorn 2022. The hydrophyte M/V "Medusa" is currently leased as if it had been previously proclaimed, at a further fraction of the $11,000 per day overage, excluding commissioning at a rate of 4.75% paid to third parties.

Diana transport Inc.'s seagoing operating crew currently consists of 34 dry bulk carriers (4 Newcastlemax, 11 Capesize, 5 Post-Panamax, 6 Kamsarmax and 8 Panamax). The fraternity is targeting to carry separate slightly minted Capesize-type vessels in the main microrayon of 2022. At present, the total capacity of the company's naval operating category, excluding separate only installed vessels, is estimated at 4. 4 trillion lashings per year, with a distress transition charge of 10. 51 years.