06FEB2018 - NEWS - Diana Shipping Inc. extends Time Charter Contract for m/v Selina with BG Shipping

On 05 Feb 2018 Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with BG Shipping Co., Limited, Hong Kong, for one of its Panamax dry bulk vessels, the m/v Selina. The gross charter rate is US$12,250 per day, minus a 5% commission paid to third parties, for a period of minimum sixteen (16) months to maximum nineteen (19) months. The m/v Selina is currently chartered, as previously announced, at a gross charter rate of US$7,100 per day, minus a 5% commission paid to third parties.
 
The “Selina” is a 75,700 dwt Panamax dry bulk vessel built in 2010.