Diana Shipping Sells Panamax Bulker

November 7, 2019

Diana Shipping announced that it has signed through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party, the 2005-built vessel “Clio”.

The global shipping company specializing in the ownership of dry bulk vessels said that the delivery to the buyer is expected latest by November 29, 2019.  

The sale price of of Clio is US$7.4 million before commissions, it said.

Upon completion of the aforementioned sale, Diana Shipping Inc.’s fleet will consist of 42 dry bulk vessels (4 Newcastlemax, 14 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 Clio, is approximately 5.3 million dwt with a weighted average age of 9.46 years.

Logistics News

Sallaum Lines Launches European Automotive Logistics Company

Sallaum Lines Launches European Automotive Logistics Company

Olam Agri, Vitol Bunkers Complete Co-processed VLSFO Bio-Bunkering

Olam Agri, Vitol Bunkers Complete Co-processed VLSFO Bio-Bunkering

Global Grain Shipments Fall as Black Sea Attacks Escalate

Global Grain Shipments Fall as Black Sea Attacks Escalate

Maersk Expands Trade and Tariff Platform

Maersk Expands Trade and Tariff Platform

Subscribe for Maritime Logistics Professional E‑News

LSEG data indicates that France is set to ship rare wheat to Sudan
CK Hutchison wants $1.5 billion in arbitration from Panama
Vietnam's foreign ministry says it will constructively address US concerns about transshipment.