Diana Shipping Inc. announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Tongli Shipping Pte. Ltd., for one of its Kamsarmax dry bulk vessels, the m/v Astarte. The gross charter rate is $21,500 per day, minus a 5% commission paid to third parties, for a period until minimum April 15, 2023 up to maximum June 15, 2023.

The charter is expected to commence on January 31, 2022.