Diana Shipping locks charter deal for capesize with Norden

Greece-based and New York-listed Diana Shipping, through a separate wholly-owned subsidiary, has entered into a time charter contract with Dampskibsselskabet Norden A/S, for one of its capesize dry bulk vessels, the Santa Barbara.

Norden hired the 179,426-dwt capesize bulk vessel built in 2015.

The vessel is chartered for a gross charter rate of $25,500, minus a 5.00% commission paid to third parties, for a period until minimum March 1, 2027, up to maximum April 30, 2027.

The charter is expected to begin on November 29, 2025.

The Santa Barbara is currently chartered to Mitsui O.S.K. Lines at a gross charter rate of $22,000 per day, minus a 5.00% commission paid to third parties.

The employment of Santa