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Diana Shipping Inc. Sells Post-Panamax Vessel Alcmene and Extends Time Charter Contract for San Francisco with SwissMarine

Feb 12, 2025•over 1 year ago

Contract Type

contract

maritime

Description

Diana Shipping Inc. has announced the sale of the 2010-built Post-Panamax vessel Alcmene to an unaffiliated third party for approximately US$11.9 million. Additionally, the company has extended its time charter contract with SwissMarine Pte. Ltd

Company Information

Company

Diana Shipping

About

Diana Shipping Inc. is a global shipping transportation company based in Athens, Greece, specializing in the ownership and bareboat charter-in of dry bulk vessels. Founded in 1999, the company operates a fleet of 37 vessels, including Newcastlemax, Capesize, Post-Panamax, Kamsarmax, Ultramax, and Panamax classes, with a total carrying capacity of approximately 4.1 million deadweight tons. The company focuses on transporting a variety of dry bulk cargoes, such as iron ore, coal, and grain, along international shipping routes. Diana Shipping manages its fleet through its subsidiary, Diana Shipping Services S.A., and a joint venture with Wilhelmsen Ship Management. The company emphasizes maintaining a high-quality fleet, strategic expansion, and operational efficiency. Diana Shipping is publicly traded on the New York Stock Exchange under the ticker symbol DSX and employs around 981 people, led by CEO Semiramis Paliou.

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