Greece’s Diana Shipping says it has entered into a time charter contract with Stone Shipping for an ultramax bulker.

The 60,400-dwt DSI Polaris (built 2018) began the charter retroactively on 20 July, the New York-listed company announced on Wednesday.

The gross charter rate is $15,400 per day, minus a 5% commission paid to third parties, for a period until at least 1 June 2025 up to a maximum of 15 August 2025.