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Diana Shipping Announces The Sale Of A Panamax Dry Bulk Vessel

Logistic News - Published on Tue, 18 Jun 2019

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Diana Shipping Inc, a global shipping company specializing in the ownership of dry bulk vessels, announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party, the 2004-built vessel “Thetis”, with delivery to the buyer latest by July 31st 2019, for a sale price of USD 6.4 million before commissions. Upon completion of the aforementioned, Diana Shipping Inc.’s fleet will consist of 44 dry bulk vessels, 4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax and 16 Panamax.

As of now, the combined carrying capacity of the Company’s fleet, including the m/v Thetis, is approximately 5.5 million dead weight tonne with a weighted average age of 9.27 years.

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Posted By : Mohan Sharma on Tue, 18 Jun 2019
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