{"id":70583,"date":"2026-08-07T13:47:07","date_gmt":"2026-08-07T13:47:07","guid":{"rendered":"https:\/\/www.europesays.com\/japan\/70583\/"},"modified":"2026-08-07T13:47:07","modified_gmt":"2026-08-07T13:47:07","slug":"diana-shipping-sets-30500-day-charter-with-nippon-yusen","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/japan\/70583\/","title":{"rendered":"Diana Shipping Sets $30,500\/Day Charter with Nippon Yusen"},"content":{"rendered":"<p>&#13;<br \/>\n    &#13;<br \/>\n&#13;<\/p>\n<p>Diana Shipping (NYSE: DSX) has entered into a new time charter contract, via a wholly owned subsidiary, with Nippon Yusen Kabushiki Kaisha (NYK) for its 182,063 dwt Capesize vessel m\/v Florida. The gross charter rate is US$30,500 per day, less a 5% commission to third parties, for a period of minimum 32 months and up to 35.5 months, expected to commence in the second quarter of 2027.<\/p>\n<p>The m\/v Florida is currently on charter to Bunge S.A. at US$25,900 per day, less 5% commission. According to the company, the new employment is anticipated to generate about US$29.28 million of gross revenue over the minimum scheduled period. Diana Shipping\u2019s fleet consists of 36 dry bulk vessels with approximately 4.1 million dwt combined carrying capacity and a weighted average age of 12.70 years, excluding two Kamsarmax newbuildings expected by 2027\u20132028.<\/p>\n<p>\n            Loading&#8230;\n          <\/p>\n<p>          Loading translation&#8230;<\/p>\n<p>          Positive<\/p>\n<p>                    m\/v Florida charter rate set at US$30,500\/day vs. US$25,900\/day currently<\/p>\n<p>                    New time charter minimum term of 32 months, up to 35.5 months<\/p>\n<p>                    Florida employment expected to generate US$29.28 million gross revenue over minimum period<\/p>\n<p>                    Diana Shipping fleet totals 36 vessels with about 4.1 million dwt capacity<\/p>\n<p class=\"context-narrative-text\">\n      DSX\u2019s recent Q2 earnings release produced a 7.48% 24-hour gain, giving this charter announcement a positive historical benchmark. The contract adds duration; Philadelphia\u2019s -2.22% comparison shows charter news has varied outcomes, warranting attention to execution.\n    <\/p>\n<p>\n        Gross charter rate<br \/>\n        US$30,500 per day<\/p>\n<p>        m\/v Florida time charter<\/p>\n<p>\n        Third-party commission<br \/>\n        5.00%<\/p>\n<p>        deducted from gross charter rate<\/p>\n<p>\n        Charter duration<br \/>\n        minimum 32 months to maximum 35.5 months<\/p>\n<p>        m\/v Florida time charter<\/p>\n<p>\n        Charter commencement<br \/>\n        Q2 2027<\/p>\n<p>        expected start of NYK charter<\/p>\n<p>\n        Current gross charter rate<br \/>\n        US$25,900 per day<\/p>\n<p>        existing Bunge charter<\/p>\n<p>\n        Gross revenue<br \/>\n        approximately US$29.28 million<\/p>\n<p>        minimum scheduled charter period<\/p>\n<p>\n        Vessel capacity<br \/>\n        182,063 dwt<\/p>\n<p>        m\/v Florida, built in 2022<\/p>\n<p>\n        Fleet size<br \/>\n        36 dry bulk vessels<\/p>\n<p>        current fleet<\/p>\n<p>            Date<br \/>\n            Event<br \/>\n            Sentiment<br \/>\n            24h Move<br \/>\n            Catalyst<\/p>\n<p>            Jul 30<\/p>\n<p>                <a href=\"https:\/\/www.stocktitan.net\/news\/DSX\/diana-shipping-inc-reports-financial-results-for-the-second-quarter-yg90o1i1sl0f.html\" rel=\"nofollow noopener\" target=\"_blank\">2Q26 earnings report<\/a><\/p>\n<p>              Positive<\/p>\n<p>              +7.5%<\/p>\n<p>              Higher quarterly earnings, revenues, utilization, and declared cash dividend<\/p>\n<p>            Jul 28<\/p>\n<p>                <a href=\"https:\/\/www.stocktitan.net\/news\/DSX\/diana-shipping-inc-highlights-decline-in-genco-shipping-trading-3mq4fmwhp5jz.html\" rel=\"nofollow noopener\" target=\"_blank\">Strategic shareholder communication<\/a><\/p>\n<p>              Negative<\/p>\n<p>              -1.4%<\/p>\n<p>              Company urged Genco&#8217;s board to act before further fleet-value erosion<\/p>\n<p>            Jul 27<\/p>\n<p>                <a href=\"https:\/\/www.stocktitan.net\/news\/DSX\/diana-shipping-inc-announces-time-charter-contract-for-m-v-0yxcz2yy19az.html\" rel=\"nofollow noopener\" target=\"_blank\">Newcastlemax charter contract<\/a><\/p>\n<p>              Positive<\/p>\n<p>              -2.2%<\/p>\n<p>              Philadelphia secured a higher-rate charter with Classic Maritime<\/p>\n<p>            Jul 27<\/p>\n<p>                <a href=\"https:\/\/www.stocktitan.net\/news\/DSX\/diana-shipping-inc-urges-genco-shipping-trading-to-stop-misleading-t0cdcj4m8x9v.html\" rel=\"nofollow noopener\" target=\"_blank\">Strategic shareholder communication<\/a><\/p>\n<p>              Negative<\/p>\n<p>              -2.2%<\/p>\n<p>              Company urged Genco to stop misleading investors and negotiate<\/p>\n<p>            Jul 23<\/p>\n<p>                <a href=\"https:\/\/www.stocktitan.net\/news\/DSX\/diana-shipping-inc-announces-direct-continuation-of-time-charter-b51weshd3c21.html\" rel=\"nofollow noopener\" target=\"_blank\">Panamax charter extension<\/a><\/p>\n<p>              Positive<\/p>\n<p>              +0.9%<\/p>\n<p>              Atalandi received an extended charter at a higher daily rate<\/p>\n<p>        Pattern Detected<\/p>\n<p class=\"context-pattern-text\">Recent positive announcements generally aligned with gains, except the Philadelphia charter announcement, which preceded a decline.<\/p>\n<p>          time charter<\/p>\n<p>          technical<\/p>\n<p>&#8220;it has entered into a time charter contract with Nippon Yusen&#8221;<\/p>\n<p>A time charter is an agreement where a ship owner rents out their vessel to a customer for a set period, during which the customer has control over the ship\u2019s use and operation. This arrangement matters to investors because it provides a steady income stream for the ship owner and indicates ongoing demand for shipping services, reflecting the health of global trade and transportation markets.<\/p>\n<p>          capesize<\/p>\n<p>          technical<\/p>\n<p>&#8220;one of its Capesize dry bulk vessels, the m\/v Florida&#8221;<\/p>\n<p>Capesize describes the largest class of dry bulk cargo ships that are too big to pass through smaller canals and must sail around major capes instead. For investors, capesize fleets and their freight rates are a visible gauge of global demand for raw materials like iron ore and coal\u2014think of them as big delivery trucks on the ocean; when they\u2019re busy and rates rise, it signals stronger commodity trade and can boost shipping company revenues.<\/p>\n<p>          methanol dual fuel<\/p>\n<p>          technical<\/p>\n<p>&#8220;two methanol dual fuel new-building Kamsarmax dry bulk vessels&#8221;<\/p>\n<p>Methanol dual fuel is a type of engine or fuel system that can run on both traditional fuels, like gasoline or diesel, and methanol, a type of alcohol made from natural sources. This flexibility allows for cleaner burning and potentially lower emissions, which can be appealing to industries seeking more sustainable energy options. For investors, understanding methanol dual fuel is important because it signals technological shifts toward alternative, environmentally friendlier energy sources that could influence energy markets and company strategies.<\/p>\n<p class=\"context-ai-disclaimer\">AI-generated analysis. <a href=\"https:\/\/www.stocktitan.net\/rhea-ai.html\" rel=\"nofollow noopener\" target=\"_blank\">How Rhea-AI works<\/a>. Not financial advice.<\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n    &#13;<br \/>\n    &#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p>  <img decoding=\"async\" class=\"ps-bar__icon\" src=\"https:\/\/static.stocktitan.net\/img\/icons\/Google_News_icon.svg\" width=\"24\" height=\"24\" alt=\"\" loading=\"lazy\" aria-hidden=\"true\"\/><\/p>\n<p>&#13;<br \/>\n    &#13;<br \/>\n    See more from StockTitan in Google Search and AI answers.&#13;<br \/>\n    Adds StockTitan as a preferred source \u00b7 opens Google&#13;\n  <\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n    &#13;<br \/>\n    &#13;<br \/>\n&#13;<br \/>\n    &#13;<br \/>\n      08\/07\/2026 &#8211; 09:01 AM&#13;<br \/>\n    &#13;<br \/>\n&#13;<\/p>\n<p align=\"justify\">ATHENS, Greece, Aug.  07, 2026  (GLOBE NEWSWIRE) &#8212; Diana Shipping Inc. (NYSE: <a href=\"https:\/\/www.stocktitan.net\/overview\/DSX\/\" title=\"View DSX stock overview\" class=\"symbol-link\" rel=\"nofollow noopener\" target=\"_blank\">DSX<\/a>), (the \u201cCompany\u201d), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Nippon Yusen Kabushiki Kaisha, Tokyo, for one of its Capesize dry bulk vessels, the m\/v Florida. The gross charter rate is US$30,500 per day, minus a 5.00% commission paid to third parties, for a period of minimum thirty-two (32) months up to maximum thirty-five and a half (35.5) months. The charter is expected to commence during the second quarter of 2027. The m\/v Florida is currently chartered, as previously announced, to Bunge S.A., Geneva, at a gross charter rate of US$25,900 per day, minus a 5.00% commission paid to third parties.<\/p>\n<p align=\"justify\">The \u201cFlorida\u201d is a 182,063 dwt Capesize dry bulk vessel built in 2022.<\/p>\n<p align=\"justify\">The employment of \u201cFlorida\u201d is anticipated to generate a total of approximately US$29.28 million of gross revenue for the minimum scheduled period of the time charter.<\/p>\n<p align=\"justify\">Diana Shipping Inc.\u2019s fleet currently consists of 36 dry bulk vessels (4 Newcastlemax, 8 Capesize, 4 Post-Panamax, 6 Kamsarmax, 5 Panamax and 9 Ultramax). The Company also expects to take delivery of two methanol dual fuel new-building Kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028, respectively. As of today, the combined carrying capacity of the Company\u2019s fleet, excluding the two vessels not yet delivered, is approximately 4.1 million dwt, with a weighted average age of 12.70 years. A table describing the current Diana Shipping Inc. fleet can be found on the Company\u2019s website, www.dianashippinginc.com. Information contained on the Company\u2019s website does not constitute part of this press release.<\/p>\n<p align=\"justify\">About the Company<\/p>\n<p align=\"justify\">Diana Shipping Inc. is a global provider of shipping transportation services through its ownership and bareboat charter-in of dry bulk vessels. The Company\u2019s vessels are employed primarily on short to medium-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.<\/p>\n<p align=\"justify\">Cautionary Statement Regarding Forward-Looking Statements <\/p>\n<p align=\"justify\">Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.<\/p>\n<p align=\"justify\">The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words \u201cbelieve,\u201d \u201canticipate,\u201d \u201cintends,\u201d \u201cestimate,\u201d \u201cforecast,\u201d \u201cproject,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201cmay,\u201d \u201cshould,\u201d \u201cexpect,\u201d \u201cpending\u201d and similar expressions identify forward-looking statements.<\/p>\n<p align=\"justify\">The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, Company management\u2019s examination of historical operating trends, data contained in the Company\u2019s records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond the Company\u2019s control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.<\/p>\n<p align=\"justify\">In addition to these important factors, other important factors that, in the Company\u2019s view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk shipping capacity, changes in the Company\u2019s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Company\u2019s vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, tariff policies and other trade restrictions, potential liability from pending or future litigation, general domestic and international political conditions, including risks associated with the continuing conflict between Russia and Ukraine and related sanctions, potential disruption of shipping routes due to accidents or political events, including the escalation of the conflict in the Middle East, vessel breakdowns and instances of off-hires and other factors. Please see the Company\u2019s filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.<\/p>\n<p align=\"justify\">Corporate Contact:<br \/>Margarita Veniou<br \/>Chief Corporate Development, Governance &amp;<br \/>Communications Officer and Secretary<br \/>Telephone: + 30-210-9470-100<br \/>Email:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=T3d2mdmCS4aLmUe2AHQ64ILrpJkpzj_59I97_6S8LgYq8z6rgz1t5bKPkQWdhBJtburU7cat_Vj5iV-zUnw1kNcLPCGy9C0dQXvebWAZUeWV5k89QEUgIiRBDQeGl-Ib\" rel=\"nofollow noopener\" target=\"_blank\">mveniou@dianashippinginc.com<\/a> <br \/>Website:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=slVGAcV7ZUXhXTMSgEvF1G9zZHq7fNpBKYQ-JLsCQfefSVeOadMQi6skbt8czU9zSDlLf_KWx_Rj39k1aun1sUOl7brXQgH0-JjYQg1Uj6QctqhIXY497miDRGGr1Db4\" rel=\"nofollow noopener\" target=\"_blank\">www.dianashippinginc.com<\/a><br \/>X: @Dianaship<\/p>\n<p align=\"justify\">Investor Relations\/Media Contact:<br \/>Nicolas Bornozis \/ Daniela Guerrero<br \/>Capital Link, Inc.<br \/>230 Park Avenue, Suite 1540<br \/>New York, N.Y. 10169<br \/>Tel.: (212) 661-7566<br \/>Email:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wVMtWLwDVry9kUeUhXX_bbIMQtcPt2epfCqM-DxKqduUrQIY1MeURxJVwzEYtx2-UpgosjUXYNyOoxwj-YbBD56n1twNQ-ydKdW-2D3Fz0M=\" rel=\"nofollow noopener\" target=\"_blank\">diana@capitallink.com<\/a><\/p>\n<p> <img decoding=\"async\" loading=\"lazy\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.europesays.com\/japan\/wp-content\/uploads\/2026\/08\/1786110427_254_ti.gif\"\/> <br \/><img decoding=\"async\" loading=\"lazy\" alt=\"\" src=\"https:\/\/www.europesays.com\/japan\/wp-content\/uploads\/2026\/08\/Diana-Shipping-Inc-c-o-Diana-S.png\" referrerpolicy=\"no-referrer-when-downgrade\"\/>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n    &#13;<br \/>\n      &#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n  &#13;<br \/>\n&#13;<\/p>\n<p>&#13;<br \/>\n    FAQ  &#13;\n  <\/p>\n<p>&#13;<br \/>\n  &#13;<br \/>\n  &#13;<\/p>\n<p>        What new time charter did Diana Shipping (DSX) announce for the m\/v Florida on August 7, 2026?<\/p>\n<p>&#13;<br \/>\n          Diana Shipping announced a time charter of the m\/v Florida to Nippon Yusen Kabushiki Kaisha at a gross rate of US$30,500 per day. According to the company, the charter will run for a minimum of 32 months and up to 35.5 months.&#13;\n        <\/p>\n<p>    &#13;<br \/>\n  &#13;<\/p>\n<p>        What revenue is expected from the new m\/v Florida charter for Diana Shipping (DSX)?<\/p>\n<p>&#13;<br \/>\n          The new m\/v Florida employment is anticipated to generate approximately US$29.28 million of gross revenue over the minimum 32\u2011month period. According to Diana Shipping, this figure is based on the agreed US$30,500 per day gross rate, before the 5% commission to third parties.&#13;\n        <\/p>\n<p>    &#13;<br \/>\n  &#13;<\/p>\n<p>        How does the new charter rate for m\/v Florida compare to its current charter for Diana Shipping (DSX)?<\/p>\n<p>&#13;<br \/>\n          The new charter rate is US$30,500 per day versus the current US$25,900 per day. According to Diana Shipping, both rates are subject to a 5% commission to third parties, indicating an increase in the daily gross rate for the vessel.&#13;\n        <\/p>\n<p>    &#13;<br \/>\n  &#13;<\/p>\n<p>        When will the new NYK time charter for Diana Shipping\u2019s (DSX) m\/v Florida start?<\/p>\n<p>&#13;<br \/>\n          The new time charter for m\/v Florida with Nippon Yusen Kabushiki Kaisha is expected to commence in the second quarter of 2027. According to Diana Shipping, the contract then runs for a minimum of 32 months and up to 35.5 months.&#13;\n        <\/p>\n<p>    &#13;<br \/>\n  &#13;<\/p>\n<p>        What is the current fleet size and capacity of Diana Shipping (NYSE: DSX)?<\/p>\n<p>&#13;<br \/>\n          Diana Shipping reports a fleet of 36 dry bulk vessels with combined carrying capacity of about 4.1 million dwt. According to the company, this excludes two methanol dual fuel Kamsarmax newbuildings expected for delivery in the second half of 2027 and first half of 2028.&#13;\n        <\/p>\n<p>    &#13;<br \/>\n  &#13;<\/p>\n<p>        What type and size is Diana Shipping\u2019s (DSX) vessel m\/v Florida under the new charter?<\/p>\n<p>&#13;<br \/>\n          The m\/v Florida is a 182,063 dwt Capesize dry bulk vessel built in 2022. According to Diana Shipping, this modern vessel will be employed under a long-term time charter to Nippon Yusen Kabushiki Kaisha starting in the second quarter of 2027.&#13;\n        <\/p>\n<p>    &#13;<br \/>\n  &#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n    &#13;<br \/>\n&#13;<\/p>\n","protected":false},"excerpt":{"rendered":"&#13; &#13; &#13; Diana Shipping (NYSE: DSX) has entered into a new time charter contract, via a wholly&hellip;\n","protected":false},"author":2,"featured_media":70584,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[22680,45525,45524,45520,45523,45521,21873,8,31,16141,45522],"class_list":["post-70583","post","type-post","status-publish","format-standard","has-post-thumbnail","category-japan","tag-22680","tag-500-daily-rate","tag-capesize-vessel","tag-diana-shipping","tag-dry-bulk-shipping","tag-dsx","tag-florida","tag-japan","tag-nippon","tag-nippon-yusen","tag-time-charter"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/70583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/comments?post=70583"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/posts\/70583\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media\/70584"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/media?parent=70583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/categories?post=70583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/japan\/wp-json\/wp\/v2\/tags?post=70583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}