Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Santa Barbara with Cargill and a New Time Charter Contract for m/v Myrto with Cargill
(WorldNews Greece)

ATHENS, GREECE, April 18, 2018 - Diana Shipping Inc. (NYSE: DSX), (the `Company`), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Cargill International S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Santa Barbara. The gross charter rate is US$20,250 per day, minus a 4.75% commission paid to third parties, for a period of about eighteen (18) months to about nineteen (19) months. The new charter period is expected to commence on April 24, 2018. The m/v Santa Barbara is currently chartered, as previously announced, at a...