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Diana Shipping signs deal for methanol-fuelled kamsarmax

Published by , Editorial Assistant
Dry Bulk,


Diana Shipping Inc. has announced that it has signed shipbuilding contracts for two 81 200 DWT methanol dual fuel new-building kamsarmax dry bulk vessels, for a purchase price of US$46 million each.

As announced in September 2023, the company placed the order through an unaffiliated third-party nominee of Marubeni Corp., for the two vessels to be built at Tsuneishi Group (Zhoushan) Shipbuilding Inc., China. The vessels are expected to be delivered to the company by the second half of 2027 and the first half of 2028, respectively.

The new-building kamsarmax dry bulk vessels are designed to meet the requirements for energy efficiency levels and associated Greenhouse Gas (GHG) emissions, as set forth in the Energy Efficiency Design Index (EEDI) Phase 3, as well as to comply with the NOx emissions regulations (NOx-Tier III) of the International Maritime Organisation (IMO).

The vessels are capable of operating on either methanol or fuel oil interchangeably. When powered by green methanol, the vessels are designed to produce near-zero GHG emissions based on the well-to-wake (WTW) fuel life cycle assessment (LCA) methodology.


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Read the article online at: https://www.drybulkmagazine.com/shipping/15022024/diana-shipping-signs-deal-for-methanol-fuelled-kamsarmax/

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