|
4 Newcastlemax Bulk Carriers
|
37
|
LOS ANGELES
|
J
|
$14,250
|
5.00%
|
Engelhart CTP Freight (Switzerland) SA
|
6-Jun-20
|
1-Oct-21 - 31-Dec-21
|
|
|
2012 206,104
|
|
|
|
|
|
|
|
38
|
PHILADELPHIA
|
J
|
$14,500
|
5.00%
|
BHP Billiton Freight Singapore Pte. Ltd
|
5-Feb-20
|
5-Apr-21 - 5-Jul-21
|
|
|
2012 206,040
|
|
|
|
|
|
|
|
39
|
SAN FRANCISCO
|
K
|
$16,000
|
5.00%
|
Koch Shipping Pte. Ltd., Singapore
|
5-Mar-19
|
10-Dec-20 - 20-Jan-21
|
3
|
|
2017 208,006
|
|
|
|
|
|
|
|
40
|
NEWPORT NEWS
|
K
|
$16,500
|
5.00%
|
SwissMarine Services S.A., Geneva
|
25-Feb-19
|
8-Sep-20
|
|
|
|
|
$18,400
|
5.00%
|
Koch Shipping Pte. Ltd., Singapore
|
8-Sep-20
|
16-Oct-21 - 30-Dec-21
|
|
|
2017 208,021
|
|
|
|
|
|
|
|
* Each dry bulk carrier is a "sister ship", or closely similar, to other dry bulk carriers that have the same letter.
|
** Total commission percentage paid to third parties.
|
*** In case of newly acquired vessel with time charter attached, this date refers to the expected/actual date of delivery of the vessel to the Company.
|
**** Range of redelivery dates, with the actual date of redelivery being at the Charterers’ option, but subject to the terms, conditions, and exceptions of the particular charterparty.
|
|
1 Vessel off hire from June 11, 2020 to July 10, 2020.
|
2 Vessel off hire for unscheduled maintenance from August 28, 2020 to September 4, 2020.
|
3 Based on latest information.
|
4 "Arethusa" sold and delivered to her new owners on August 8, 2020.
|
5 Vessel sold and expected to be delivered to her new Owners at the latest by January 20, 2021.
|
6 Vessel on scheduled drydocking from April 28, 2020 to July 17, 2020.
|
7 Charter includes a one time ballast bonus payment of US$500,000.
|
8 Currently without an active charterparty. Vessel on scheduled drydocking.
|
9 Vessel off hire for unscheduled maintenance from July 2, 2020 to July 4, 2020.
|
10 Vessel off hire for drydocking from June 24, 2020 to August 1, 2020.
|
The Company’s management will conduct a conference call and simultaneous Internet webcast to review these results at 9:00 A.M. (Eastern Time) on Monday, November 23, 2020.
Investors may access the webcast by visiting the Company’s website at www.dianashippinginc.com, and clicking on the webcast link. The conference call also may be accessed by
telephone by dialing 1-877-407-8291 (for U.S.-based callers) or 1-201-689-8345 (for international callers), and asking the operator for the Diana Shipping Inc. conference call.
A replay of the webcast will be available soon after the completion of the call and will be accessible for 30 days on www.dianashippinginc.com. A telephone replay also will be
available for 30 days by dialing 1-877-660-6853 (for U.S.-based callers) or 1-201-612-7415 (for international callers), and providing the Replay ID number 13712525.
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking
statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying
assumptions and other statements, which are other than statements of historical facts.
The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this
safe harbor legislation. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements.
The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, Company
management’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these
assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond the Company’s control, the Company cannot assure you that it will achieve or accomplish these
expectations, beliefs or projections.
In addition to these important factors, other important factors that, in the Company’s view, could cause actual results to differ materially from those discussed in the forward-looking
statements include the severity, magnitude and duration of the COVID-19 pandemic, including impacts of the pandemic and of businesses’ and governments’ responses to the pandemic on our operations, personnel, and on the demand for seaborne
transportation of bulk products; the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk shipping capacity, changes in the Company’s
operating expenses, including bunker prices, drydocking and insurance costs, the market for the Company’s vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory
authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessel breakdowns and instances of
off-hires and other factors. Please see the Company’s filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The Company undertakes no obligation to revise or update any
forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.