Diana Shipping Inc. (NYSE:DSX), was the successful bidder at an auction that took place in France, for the m/v Valeria Della Gatta (to be renamed Maia), a 2009-built Kamsarmax dry bulk carrier of 82,193 dwt, built by Tsuneishi Shipbuilding Co. Ltd., Japan, for a purchase price of EURO14.755 million.
Separately, the Company also announced that it has entered into a time charter contract with ADM International Sarl, Rolle, Switzerland, through a separate wholly-owned subsidiary, for one of its Post-Panamax dry bulk carriers, the m/v Alcmene. The gross charter rate is US$7,250 per day, minus a 5% commission paid to third parties,
for a period of about eighteen (18) months to maximum twenty-four (24) months. The charter is expected to commence on February 23, 2013.
The Alcmene is a 93,193 dwt Post-Panamax dry bulk vessel built in 2010.