Diana Shipping Inc. Announces Time Charter Contract for M/V G. P. Zafirakis with Classic Maritime
Key Highlights
- ➤Diana Shipping (DSX) secures $38,000 daily charter for G. P. Zafirakis
- ➤Charter begins October 10, 2026, running through at least October 1, 2027
- ➤Minimum scheduled period expected to generate approximately $13.34 million gross revenue
- ➤New rate exceeds vessel’s previous $26,800 daily Nippon Yusen charter rate
ATHENS, Greece, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Classic Maritime Inc., for one of its Capesize dry bulk vessels, the m/v G. P. Zafirakis. The gross charter rate is US$38,000 per day, minus a 5.00% commission paid to third parties, for a period until minimum October 1, 2027 up to maximum December 15, 2027. The charter is expected to commence on October 10, 2026. The m/v G. P. Zafirakis is currently chartered, as previously announced, to Nippon Yusen Kabushiki Kaisha, Tokyo, at a gross charter rate of US$26,800 per day, minus a 5.00% commission paid to third parties.
The “G. P. Zafirakis” is a 179,492 dwt Capesize dry bulk vessel built in 2014.
Get started
Create a free account to read the full story.