Jul. 20 at 8:11 PM
Diana Shipping announced a new time charter agreement for its Ultramax dry bulk vessel m/v DSI Pegasus with Fednav International Ltd. at a gross rate of
$18,350 per day, less a 5% commission paid to third parties. The contract is scheduled to commence on July 27, 2026, and will run through at least August 15, 2027, with a possible extension until October 15, 2027. The new charter rate represents a significant increase from the vessel's current agreement with Cargill Ocean Transportation Singapore, which pays
$14,250 per day.
The 60,508 dwt DSI Pegasus, built in 2015, is expected to generate approximately
$6.95 million in gross revenue during the minimum charter period. Diana Shipping currently owns a fleet of 36 dry bulk vessels with a combined carrying capacity of approximately 4.1 million dwt and a weighted average age of 12.65 years.
$DSX