Diana Transport extends constitution of m/v Amphitrite, strengthening income streams

An announcement from Diana Transport ( (DSX) ) is now obtainable.

Diana Transport Inc. has introduced an extension of the time constitution contract for its Publish-Panamax dry bulk provider, the m/v Amphitrite, with Cobelfret SA, Luxembourg. Underneath the brand new phrases, the constitution will generate roughly $4.22 million in gross income and is anticipated to start on December 31, 2024 and lengthen till at the least January 1, 2026. The transfer strengthens Diana Transport’s positioning available in the market guaranteeing continued employment for its vessel, whereas contributing to secure income era in fluctuating market circumstances.

Study extra about Diana Transport

Diana Transport Inc. is a world supplier of delivery companies, specializing within the possession and bareboat constitution of dry bulk vessels. The corporate primarily offers in short- and medium-term charters, transporting commodities similar to iron ore, coal and grain on delivery routes all over the world.

Yr-to-date value efficiency: -31.14%

Common buying and selling quantity: 703 581

Technical Sentiment Consensus Ranking: Purchase

Present market capitalization: $235.4 million

See extra information on DSX inventory at TipRanks Stock Analysis Page.