Diana Shipping: Acquisition of a Resale New-Building Capesize Dry Bulk Vessel

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Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that on December 3, 2021, it signed through a separate wholly-owned subsidiary, a Memorandum of Agreement to acquire from an unaffiliated third party, a Japanese new-building Capesize dry bulk vessel of approximately 181,500 dwt, for a purchase gross price of US$60,164,000.

The vessel is expected to be delivered to the buyer by the end of the first quarter of 2022.