| Diana Shipping Inc. Signs Shipbuilding Contracts for the Purchase of Two Newcastlemax Dry Bulk Carriers |
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| News archive - Maritime | |||
| Wednesday, 14 April 2010 10:10 | |||
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Diana Shipping Inc. a global shipping transportation company specializing in dry bulk cargoes, today announced that it has signed, through its 100% owned subsidiaries, two shipbuilding contracts with China Shipbuilding Trading Company, Limited and Shanghai Jiangnan-Changxing Shipbuilding Co., Ltd for the construction of two Newcastlemax dry bulk carriers of approximately 206,000 dwt each for a contract price of US$59 million per vessel. The Company expects to take delivery of the vessels during the second and third quarters of 2012, respectively. The Company is considering obtaining pre- and/or post-delivery financing for the specific acquisitions.
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