Diana Shipping Inc. announced on September 23, 2025, that it has entered into a time charter contract with Nippon Yusen Kabushiki Kaisha, Tokyo, for its Kamsarmax dry bulk vessel, the m/v Leonidas P. C. The charter is expected to commence on September 24, 2025.
The gross charter rate for the m/v Leonidas P. C. is US$14,000 per day, minus a 5.00% commission paid to third parties. The contract period extends until a minimum of September 15, 2026, and a maximum of November 15, 2026.
The employment of the 82,165 dwt vessel, built in 2011, is anticipated to generate approximately US$4.93 million of gross revenue for the minimum scheduled period of the time charter. This contract provides a stable revenue stream for the vessel.
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