According to an article published by Nasdaq, Diana Shipping Inc. specializing in the ownership of dry bulk vessels has announced to sell its vessel to an unaffiliated third party.
Memorandum of Agreement
On April 15, it 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 “Erato“, with delivery to the buyer latest by June 10, 2019, for a sale price of US$7.0 million before commissions.
Combined Fleet strength
Upon completion of the aforementioned sale and the previously announced sale of a Panamax dry bulk vessel, the m/v Dione, Diana Shipping Inc.’s fleet will consist of 45 dry bulk vessels (4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax, and 17 Panamax). As of today, the combined carrying capacity of the Company’s fleet, including the m/v Erato and m/v Dione, is approximately 5.6 million dwt with a weighted average age of 9.30 years.
About the Company
Diana Shipping Inc. is a global provider of shipping transportation services through its ownership of dry bulk vessels. The Company’s vessels are employed primarily on medium to long-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.
Did you subscribe to our daily newsletter?
It’s Free! Click here to Subscribe!
Source: Nasdaq
