Diana Shipping To Acquire Japanese New-Building Capesize Vessel For $60.1M

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  • Diana Shipping Inc DSX has signed a Memorandum of Agreement to acquire a Japanese new-building Capesize dry bulk vessel of ~181,500 dwt from an unaffiliated third party for a purchase gross price of $60.16 million.
  • The company expects the vessel delivery by the end of 1Q22.
  • Diana Shipping's fleet consists of 33 dry bulk vessels (4 Newcastlemax, 11 Capesize, 5 Post-Panamax, 5 Kamsarmax, and 8 Panamax).
  • Price Action: DSX shares traded lower by 3.69% at $3.785 on the last check Friday.
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