Diana Shipping Inc: Signs time charter contract
By: Reuters | Jun 08 2015 at 10:39 AM | Liner Shipping
** Shipping company’s shares up 6 pct at $6.84
** Enters time charter contract with China Shipping Bulk Carrier Co Ltd, Hong Kong, for Panamax dry bulk vessel
** The gross charter rate is $6,000/day for a period of minimum 10 months to maximum 14 months
** Says contract expected to generate about $1.8 mln of gross revenue for the minimum period
** Up to Friday’s close, shares had fallen 44 pct in the past 12 months