Diana Shipping secures $16,500-a-day charter for 2014-built panamax Atalandi starting Aug. 5, 2026
Diana Shipping's renewed time-charter for the Panamax bulker Atalandi at a materially higher day rate increases contracted revenue visibility, with estimated gross revenue of about $5.89m over the minimum period. The extension underscores improving earnings on existing tonnage and provides medium-term cash-flow support starting in 2026, but the single-vessel scope limits broader market impact.
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Greece’s Diana Shipping has signed a new time-charter deal for its 2014-built panamax dry bulk carrier Atalandi, lifting the daily rate to $16,500 from $10,100, net of a 5.00% commission. The contract is set to begin on August 5, 2026, and runs at least until August 1, 2027. The company expects the minimum period to generate about $5.89m in gross revenue. Diana Shipping operates 36 dry bulk vessels with about 4.1 million dwt of carrying capacity and a weighted average age of 12.66 years.