Diana Shipping Enters Time Charter Contract with C Transport Maritime

On April 13, Diana Shipping Inc. (DSX) announced that it entered into a time charter contract with C Transport Maritime Ltd. The contract for the m/v Houston began on April 13 and will continue through July 1, 2021. The contract could be extended through September 30, 2021. C Transport Maritime agreed to pay a gross charter rate of $6,250 per day for the first 30 days and $12,400 per day for the remainder of the charter agreement. The contract should yield a minimum of $5.25 million for Diana Shipping.


Sonal issued a news alert at 9:29 am, the next trade took place at the market open for $1.41. Diana Shopping’s stock price rose throughout the event day and continued its gains over the next two trading days. Shortly trading above $2, Diana’s stock closed at $1.77 on April 15. That makes for a gain of 25.5% over 3 days.

Visit the Knowledge Center for more information about trading contract awards.

To see the latest weekly webinar, you can visit our Live Webinar page.

Subscribe here if you would like to start receiving these signals in real-time and start trading!