Diana Shipping Sells Dry Bulker Norfolk

February 27, 2020

Diana Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement (MoA) to sell to an unaffiliated third party, the 2002-built vessel Norfolk.

The global shipping company specializing in the ownership of dry bulk vessels said that the delivery to the buyer is scheduled latest by April 6, 2020, for a sale price of US$8.75 million before commissions.

Upon completion of the aforementioned sale, Diana Shipping Inc.’s fleet will consist of 41 dry bulk vessels (4 Newcastlemax, 13 Capesize, 5 Post-Panamax, 5 Kamsarmax and 14 Panamax).

As of today, the combined carrying capacity of the Company’s fleet, including the m/v Norfolk, is approximately 5.2 million dwt with a weighted average age of 9.7 years.

Logistics News

Two Millionth Subaru Arrives at Port of Vancouver USA

Two Millionth Subaru Arrives at Port of Vancouver USA

Louisiana International Terminal Permit Granted by U.S. Army Corps of Engineers

Louisiana International Terminal Permit Granted by U.S. Army Corps of Engineers

TowWorks Launches Invoice Intelligence Solution

TowWorks Launches Invoice Intelligence Solution

Indian Gasoline Cargo Arrives in Russia to Ease Shortages

Indian Gasoline Cargo Arrives in Russia to Ease Shortages

Subscribe for Maritime Logistics Professional E‑News

US puts pressure on EU to "deliver" on non-tariff commitments
Deutsche Bahn's DB InfraGO challenges German regulator's rail-capacity ruling
Sources say that the Sheskharis terminal in Russia's Black Sea halted loadings following a drone attack.