Diana Shipping orders two methanol dual-fuel bulk carriers

September 28 2023 Print This Article

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels,  announced that it has signed a letter of intent to order through Marubeni Corporation or its guaranteed nominee, an unaffiliated third party, two 81,200 dwt methanol dual fuel new-building Kamsarmax dry bulk vessels, for a purchase price of US$46 million each, built at Tsuneishi Group (Zhoushan) Shipbuilding Inc., China.

The vessels are expected to be delivered to the Company by the second half of 2027 and the first half of 2028 respectively. The transaction remains subject to the execution of definitive documentation and satisfaction of customary closing conditions.

Mrs. Semiramis Paliou, Director and Chief Executive Officer of the Company, stated: “Diana Shipping Inc. takes pride in its role as an industry leader, continually striving to enhance our fleet and operations for the benefit of our stakeholders and the environment. This investment underscores our dedication to sustainable shipping and positions us to meet the evolving demands of our industry while reducing our carbon footprint.”