Diana Shipping announces Time Charter Contract for m/v DSI Altair with Bunge

January 16, 2026
Artemis Credit: Diana Shipping

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 Bunge SA, Geneva, for one of its Ultramax dry bulk vessels, the m/v DSI Altair. The gross charter rate is US$14,750 per day, minus a 5.00% commission paid to third parties, for a period until minimum January 15, 2027 up to maximum March 30, 2027. The charter is expected to commence on January 17, 2026.

The “DSI Altair” is a 60,309 dwt Ultramax dry bulk vessel built in 2016.

The employment of “DSI Altair” is anticipated to generate a total of approximately US$5.30 million of gross revenue for the minimum scheduled period of the time charter.

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