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Diana Shipping Secures New Charter Contract with NYK

Story Highlights
  • Diana Shipping Inc. announced a new time charter contract for its vessel Leonidas P. C.
  • The contract is expected to generate $4.93 million in gross revenue, enhancing Diana Shipping’s market position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Diana Shipping Secures New Charter Contract with NYK

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Diana Shipping ( (DSX) ) has shared an update.

On September 23, 2025, Diana Shipping Inc. announced a new time charter contract with Nippon Yusen Kabushiki Kaisha for its Kamsarmax dry bulk vessel, the m/v Leonidas P. C. The contract, commencing on September 24, 2025, is expected to generate approximately $4.93 million in gross revenue for the minimum scheduled period. This move is part of Diana Shipping’s strategy to enhance its operational capacity and market positioning in the global dry bulk shipping industry.

The most recent analyst rating on (DSX) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.

Spark’s Take on DSX Stock

According to Spark, TipRanks’ AI Analyst, DSX is a Neutral.

Diana Shipping’s overall stock score is primarily influenced by its mixed financial performance and technical indicators suggesting overbought conditions. The earnings call provided some positive insights, but challenges such as liquidity concerns and market softness weigh on the score.

To see Spark’s full report on DSX stock, click here.

More about Diana Shipping

Diana Shipping Inc. is a global provider of shipping transportation services, specializing in the ownership and bareboat charter-in of dry bulk vessels. The company’s fleet primarily operates on short to medium-term time charters, transporting dry bulk cargoes such as iron ore, coal, and grain across worldwide shipping routes.

Average Trading Volume: 316,642

Technical Sentiment Signal: Hold

Current Market Cap: $210.7M

For a thorough assessment of DSX stock, go to TipRanks’ Stock Analysis page.

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