Diana Shipping , a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill Ocean Transportation for one of its Ultramax dry bulk vessels, the m/v DSI Pegasus. The gross charter rate is US$14,250, minus a 4.75% commission paid to third parties, for a period until minimum May 20, 2026 up to maximum July 20, 2026. The charter is expected to commence on August 15, 2025.
The “DSI Pegasus” is an 60,508 dwt Ultramax dry bulk vessel built in 2015.
The employment of “DSI Pegasus” is anticipated to generate approximately US$3.92 million of gross revenue for the minimum scheduled period of the time charter.
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