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February 20, 2014
08:29 EDTDSXDiana Shipping announces 'Crystalia' delivery
Diana Shipping announced that through a separate wholly-owned subsidiary, it took delivery of the newly built m/v "Crystalia", an Ice Class Panamax dry bulk vessel of 77,525 dwt that was contracted in March 2012. As previously announced, the m/v "Crystalia" is time chartered to Glencore Grain B.V., Rotterdam, at a gross charter rate of $15,800 per day, minus a 5% commission paid to third parties, for a period of minimum 18 months to maximum 21 months. The charter is expected to commence tomorrow. This employment is anticipated to generate approximately $8.5M of gross revenue for the minimum scheduled period of the charter.
News For DSX From The Last 14 Days
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September 28, 2015
06:52 EDTDSXStar Bulk Carriers upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank analyst Amit Mehrotra upgraded Star Bulk Carriers (SBLK) to Buy saying his trip to Asia last week supported his expectation for "strong outperformance" in dry bulk equities starting in 2016. "Sharply" higher spot rates in the last two months of this year will provide a catalyst for shares, Mehrotra tells investors in a research note. He keeps a $3 price target for the stock. Star Bulk closed Friday up 20c to $2.43. The analyst also has Buy ratings on Diana Shipping (DSX) and Scorpio Bulkers (SALT).

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