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Diana Shipping Inc. announces the sale of a Capesize dry bulk vessel

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Dry Bulk,


Diana Shipping Inc., a global shipping company specialising in the ownership of dry bulk vessels, has announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party, the 2006-built vessel Sideris GS, with delivery to the buyer latest by 20 January 2021, for a sale price of US$11.5 million before commissions.

Upon completion of the aforementioned sale and the previously announced sale of a Panamax dry bulk vessel, the m/v Coronis, Diana Shipping Inc.’s fleet will consist of 38 dry bulk vessels (four Newcastlemax, 12 Capesize, five Post-Panamax, five Kamsarmax and 12 Panamax). As of today, the combined carrying capacity of the Company’s fleet, including the m/v Sideris GS and the m/v Coronis, is approximately 5.0 million DWT with a weighted average age of 9.96 years.

Read the article online at: https://www.drybulkmagazine.com/shipping/24092020/diana-shipping-inc-announces-the-sale-of-a-capesize-dry-bulk-vessel/

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