Diana Shipping Secures 43% Higher Charter Rate for m/v Polymnia, Adding $5.36M in Revenue
DSX sits 93% above its 52-week low of $1.38.
Summary
Diana Shipping Inc. announced an extension of a time charter contract for its m/v Polymnia at a significantly higher daily rate, expected to generate US$5.36 million in gross revenue.
Key Events · Earnings and Guidance · DSX
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Charter Rate Increase
The m/v Polymnia secured a new time charter contract at a gross rate of US$20,000 per day, a 42.8% increase from the previous US$14,000 daily rate.
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Anticipated Revenue Generation
The extended contract is expected to generate approximately US$5.36 million in gross revenue for the minimum scheduled period until March 2027.
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Contract Duration
The new charter period with Oldendorff Carriers GmbH & Co. KG commences June 1, 2026, and runs until at least March 1, 2027, up to April 30, 2027.
Analysis · DSX · Energy & Transportation
Diana Shipping Inc. has secured a significantly higher daily charter rate for its m/v Polymnia vessel, increasing it by 42.8% from US$14,000 to US$20,000. This new contract is expected to generate US$5.36 million in gross revenue over the minimum period, representing a positive operational development that enhances the company's revenue visibility and profitability for this asset. This follows a trend of the company securing improved charter rates for its fleet, as seen in recent announcements for other vessels.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 36.1% of the 1051 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, DSX was trading at $2.67 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $329.9M. The 52-week trading range was $1.38 to $2.92. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.