Diana Shipping announces sale of Dry Bulk Vessel

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Diana Shipping Inc. (NYSE: DSX), has 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 “Calipso”, with delivery to the buyer latest by January 30, 2020, for a sale price of US$7.275 million before commissions.

Upon completion of the aforementioned sale, Diana Shipping Inc.’s fleet will consist of 41 dry bulk vessels (4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax and 13 Panamax). As of today, the combined carrying capacity of the Company’s fleet, including the m/v Calipso, is approximately 5.2 million dwt with a weighted average age of 9.53 years.

Sea News, January 2

Baibhav Mishra
Author: Baibhav Mishra

Associate Editor, Sea News