Diana Shipping Inc. (DSX) Time Charter Contract for One of Its Panamax Dry Bulk

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Video Date:
    Nov 14th, 2011
Member:
    karmastock
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Diana Shipping Incorporated - symbol DSX - reported that it has entered into a time charter contract with Hyundai Merchant Marine Company Limited, for one of its Panamax dry bulk carriers for a minimum thirteen (13) to about sixteen (16) month period. According to Diana Shipping, this employment is expected to generate approximately US$4.76 million of gross revenues for the minimum scheduled period of the charter.

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