Capesize news

Diana Shipping Inc. has entered into a time charter contract with Pacific Bulk for the capesize dry bulk vessel, m/v Semirio.

Genco Shipping & Trading Limited has taken delivery of two capesize vessels, and has entered into a new five year credit facility.

Safe Bulkers has invested in a second-hand capesize class vessel, which will be accretive to the company’s revenues and further expand its fleet and operations in the capesize market.

Genco Shipping & Trading Ltd is to acquire two South Koream capsize dry bulk vessels worth US$98 million.

Diana Shipping enters a time charter contract with Koch Shipping Pte Ltd for another capsize bulk vessel.

Diana Shipping Inc., enters into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its capesize dry bulk vessels, the m/v P. S. Palios.

Diana Shipping enters a time charter contract with SwissMarine for one of its Capesize dry bulk vessels, the m/v Aliki.

The charter is due to commence on 25 March 2018 and will last between 11 - 13 months.

The company recorded a net loss of US$3.2 million in 2017, while stockholders’ equity was US$41.3 million as of 31 December 2017.

The Aquasurfer, a 2013 built capesize vessel of 178 854 DWT, is the sixth to deliver of seven initial capesize vessels acquired by the company.