February 28, 2017 / 2:10 PM / 5 months ago

BRIEF-Diana Shipping Inc announces direct continuation of time charter contract for M/V Polymnia with Cargill

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Feb 28 (Reuters) - Diana Shipping Inc

* Diana Shipping Inc announces direct continuation of time charter contract for M/V Polymnia with Cargill

* Diana Shipping Inc says new charter period is expected to commence on March 15, 2017.

* Diana Shipping Inc says gross charter rate is US$10,100 per day, minus a 4.75% commission paid to third parties

* Diana Shipping says employment extension of "Polymnia" is anticipated to generate about US$3.79 million of gross revenue for minimum scheduled period of time charter Source text for Eikon: Further company coverage:

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