Diana Shipping Inc. Announces Time Charter Contract for m/v G. P. Zafirakis With Solebay
09 Januar 2023 - 3:05PM
Diana Shipping Inc. (NYSE: DSX), (the “Company”), 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 Solebay Shipping Cape Company Limited, Hong Kong, for
one of its Capesize dry bulk vessels, the m/v G. P. Zafirakis. The
gross charter rate is US$17,000 per day, minus a 5% commission paid
to third parties, for a period until minimum June 15, 2024 up to
maximum August 15, 2024. The charter is expected to commence on
January 10, 2023.
The “G. P. Zafirakis” is a 179,492 dwt Capesize
dry bulk vessel built in 2014.
The employment of “G. P. Zafirakis” is
anticipated to generate approximately US$8.76 million of gross
revenue for the minimum scheduled period of the time charter.
Diana Shipping Inc.’s fleet currently consists
of 42 dry bulk vessels (4 Newcastlemax, 11 Capesize, 5
Post-Panamax, 6 Kamsarmax, 8 Panamax and 8 Ultramax). The Company
also expects to take delivery of 1 Ultramax dry bulk vessel by the
end of January of 2023. As of today, the combined carrying capacity
of the Company’s fleet, excluding the 1 Ultramax dry bulk vessel
not yet delivered, is approximately 4.9 million dwt with a weighted
average age of 10.23 years. A table describing the current Diana
Shipping Inc. fleet can be found on the Company’s website,
www.dianashippinginc.com. Information contained on the Company’s
website does not constitute a part of this press release.
About the Company
Diana Shipping Inc. is a global provider of
shipping transportation services through its ownership and bareboat
charter-in of dry bulk vessels. The Company’s 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.
Cautionary Statement Regarding
Forward-Looking Statements
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.
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 “believe,”
“anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,”
“potential,” “may,” “should,” “expect,” “pending” and similar
expressions identify forward-looking statements.
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’s examination of historical
operating trends, data contained in the Company’s 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’s control, the Company cannot assure you that it
will achieve or accomplish these expectations, beliefs or
projections.
In addition to these important factors, other
important factors that, in the Company’s view, could cause actual
results to differ materially from those discussed in the
forward-looking statements include the severity, magnitude and
duration of the COVID-19 pandemic, including impacts of the
pandemic and of businesses’ and governments’ responses to the
pandemic on our operations, personnel, and on the demand for
seaborne transportation of bulk products; 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’s operating
expenses, including bunker prices, drydocking and insurance costs,
the market for the Company’s vessels, availability of financing and
refinancing, changes in governmental rules and regulations or
actions taken by regulatory authorities, 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, vessel breakdowns and instances of off-hires
and other factors. Please see the Company’s 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.
Corporate Contact: Ioannis
Zafirakis Director, Chief Financial Officer, Chief Strategy
Officer, Treasurer and Secretary Telephone: + 30-210-9470-100
Email: izafirakis@dianashippinginc.comWebsite:
www.dianashippinginc.com Twitter: @Dianaship
Investor and Media Relations:
Edward Nebb Comm-Counsellors, LLC Telephone: + 1-203-972-8350
Email: enebb@optonline.net
Diana Shipping (NYSE:DSX)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
Diana Shipping (NYSE:DSX)
Historical Stock Chart
Von Apr 2023 bis Apr 2024