Diana Shipping has secured time charter contracts for two of its dry bulk vessels with Refined Success and Oldendorff. The company announced on April 29 that these agreements are projected to generate a minimum of $23.76 million in gross revenue.
A subsidiary of the firm entered into a contract for the New York, which is a 177,773 DWT Capesize vessel built in 2010. The charter is expected to commence on May 1, 2026, at a gross rate of $27,500 per day, according to Diana Shipping.
This new rate follows a previous charter for the vessel priced at $17,600 per day. The agreement includes a five per cent commission for third parties and is scheduled to last until at least February 1, 2028.
Diana Shipping stated the contract for the New York could extend to a maximum date of March 31, 2028.
The company also signed a time charter for the DSI Pyxis, an Ultramax vessel built in 2018 with a capacity of 60,362 DWT. This employment with Oldendorff is scheduled to begin on May 3, 2026, at a gross daily rate of $16,000.
The DSI Pyxis is currently chartered at $13,100 per day, minus a five per cent commission paid to third parties. This contract is intended to run until at least June 15, 2027, with a possible extension to August 15, 2027.
