Diana Shipping announces sale of Panamax

Published by Nicholas Woodroof, Editor
Dry Bulk, Thursday, 08 November 2018 10:05

Diana Shipping Inc. has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party, the 2001-built vessel Triton, with delivery to the buyer latest by 7 January 2019, for a sale price of US$7.35 million before commissions.

Upon completion of the aforementioned sale, Diana Shipping Inc.’s fleet will consist of 49 dry bulk vessels (4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax and 21 Panamax). As of today, the combined carrying capacity of the company’s fleet, including the m/v Triton, is approximately 5.8 million DWT with a weighted average age of 9.21 years.

Read the article online at: https://www.drybulkmagazine.com/shipping/08112018/diana-shipping-announces-sale-of-panamax/

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The vessel is expected to be delivered to its buyers in October.

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