ATHENS – Diana Shipping Inc . (NYSE:), a global shipping company specializing in dry bulk vessels, has entered into an agreement to sell one of its ships, the Artemis, for a sum of $12.99 million before commissions. The Memorandum of Agreement for the 2006-built vessel was signed with an unaffiliated third party, with the delivery expected by March 8, 2024.
The sale of the Artemis is part of the company’s fleet management strategy. Following the completion of this transaction, Diana Shipping’s fleet will consist of 39 dry bulk vessels, including 4 Newcastlemax, 9 Capesize, 5 Post-Panamax, 6 Kamsarmax, 6 Panamax, and 9 Ultramax ships. The combined carrying capacity of the company’s fleet, including the Artemis, is around 4.5 million deadweight tonnage (dwt), with a weighted average age of 10.59 years.
Diana Shipping Inc. operates its vessels primarily on short to medium-term time charters, transporting a variety of dry bulk cargoes such as iron ore, coal, grain, and other materials across global shipping routes. The company aims to provide shipping transportation services through ownership and bareboat charter-in agreements.
The information regarding the sale and the current fleet composition was disclosed by the company and is available on the Diana Shipping Inc. website. However, details on the website do not constitute part of this press release.
This news is based on a press release statement by Diana Shipping Inc. and aims to present the key facts of the vessel sale without any endorsement of claims or marketing promotions.
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