Diana Shipping sells its capesize for $18 million



Greek bulker owner Diana Shipping has signed a memorandum of agreement to sell one of its vessels to an undisclosed owner.


The New York-listed company said that it sold its 2007-built capsize Boston to an unaffiliated third party.


According to Diana Shipping, the delivery to the buyer will be done by December 20, 2023, at the latest. The agreed price for the vessel is approximately $18m.


Upon completion of the sale, Diana Shipping’s fleet will consist of 40 dry bulk vessels – four newcastlemax, nine capesize, five post-panamax, six kamsarmax, seven panamax, and nine ultramax.


As of today, the combined carrying capacity of the company’s fleet, including the Boston, is approximately 4.7m dwt with a weighted average age of 10.51 years.




-Source(splash247)

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