Diana Shipping Inc. has entered a time charter agreement for the Ultramax vessel m/v DSI Polaris with Dai An Ocean Shipping Company Limited, sources indicated on 21 September 2026.
The announcement, made through a separate wholly owned subsidiary of Diana Shipping Inc., confirms the chartering of one of the company's Ultramax dry bulk vessels. The move was described in a short company notice relayed by the maritime news service.
Diana Shipping Inc. is identified in the report as a global shipping company that specialises in the ownership and bareboat charter‑in of dry bulk vessels. That corporate profile underpins the company's regular activity in contracting time charters for ships in its trading fleet.
The vessel at the centre of the agreement is the m/v DSI Polaris, described in the report as an Ultramax dry bulk carrier owned by Diana Shipping Inc. The charter was agreed with Dai An Ocean Shipping Company Limited as the time‑charterer.
The contractual arrangement was executed by a subsidiary established wholly by Diana Shipping Inc., indicating the company employed its usual corporate structure to carry the transaction. The report did not elaborate further in its summary statement beyond confirming the parties, the vessel type and the subsidiary involvement.
The short notice from reports set out the essentials of the deal without additional operational or financial detail. The report serves as confirmation of a new employment for the m/v DSI Polaris under the management of the chartering firm named in the announcement.
Commercial context
While the published item confined itself to the core facts, the placement of the notice on 21 September 2026 places this charter among the recent fixture activity recorded for Diana Shipping Inc. The company’s pattern of employing wholly owned subsidiaries to conclude time‑charter contracts is reiterated by the wording of the announcement.
Vessel and parties named
The m/v DSI Polaris is identified by name and class as an Ultramax dry bulk vessel owned by Diana Shipping Inc., and Dai An Ocean Shipping Company Limited is named as the chartering counterparty. The report originated with reports on 21 September 2026 and relayed the company’s declaration of the contract.
This brief corporate notice updates the public record on a single‑vessel charter for Diana Shipping Inc., reporting the charterer, the ship and the subsidiary through which the deal was effected. No further particulars were provided in the summary published by reports.