Bulk carrier

Diana Shipping Inc. Announces Time Charter Contract for m/v Crystalia With Louis Dreyfus Company

Retrieved on: 
Friday, March 1, 2024
Bulk carrier, Capesize, Methanol, DSX, Panamax, Employment, Airline

ATHENS, Greece, March 01, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Louis Dreyfus Company Freight Asia Pte.

Key Points: 
  • ATHENS, Greece, March 01, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Louis Dreyfus Company Freight Asia Pte.
  • Ltd., for one of its Ice Class Panamax dry bulk vessels, the m/v Crystalia.
  • The employment of “Crystalia” is anticipated to generate approximately US$8.76 million of gross revenue for the minimum scheduled period of the time charter.
  • A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com .

Castor Maritime Inc. Announces the Sale of the M/V Magic Nebula for a Price of $16.2 Million with an Expected Net Gain of $2.5 Million

Retrieved on: 
Thursday, February 22, 2024
Bulk carrier, CTRM, Sale

LIMASSOL, Cyprus, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on February 15, 2024, the Company entered into an agreement with an entity beneficially owned by a family member of our Chairman, Chief Executive Officer and Chief Financial Officer for the sale of the M/V Magic Nebula, a 2010-built Kamsarmax bulk carrier vessel, for a price of $16.2 million.

Key Points: 
  • LIMASSOL, Cyprus, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a diversified global shipping company, announces that on February 15, 2024, the Company entered into an agreement with an entity beneficially owned by a family member of our Chairman, Chief Executive Officer and Chief Financial Officer for the sale of the M/V Magic Nebula, a 2010-built Kamsarmax bulk carrier vessel, for a price of $16.2 million.
  • The terms of the transaction were negotiated and approved by a special committee of our disinterested and independent directors.
  • The vessel is expected to be delivered to its new owner during the second quarter of 2024.
  • The Company expects to record during the second quarter of 2024 a net gain of approximately $2.5 million from the sale of the M/V Magic Nebula excluding any transaction-related costs.

Pyxis Tankers Announces Closing of Modern Dry Bulk Vessel Acquisition & Commercial Update

Retrieved on: 
Thursday, February 15, 2024
Acquisition, Bulk carrier, TCE, PXS, Term, Sale, GDP, Hand

The five year amortizing bank loan is priced at Term SOFR +2.35% and is secured by, among other things, the vessel.

Key Points: 
  • The five year amortizing bank loan is priced at Term SOFR +2.35% and is secured by, among other things, the vessel.
  • The vessel has been named the “Konkar Asteri” and is expected to commence commercial operations shortly.
  • The acquisition of the “Konkar Asteri” provides the opportunity to expand our commercial footprint with a fleet of eco-efficient, scrubber-fitted mid-sized dry bulk carriers.
  • We expect to employ our dry bulk vessels under a mix of T/C’s and spot voyages.”

Diana Shipping Inc. Announces the Signing of Shipbuilding Contracts for Two 81,200 Dwt Methanol Dual Fuel New-Building Kamsarmax Dry Bulk Vessels

Retrieved on: 
Wednesday, February 14, 2024
Bulk carrier, Capesize, Energy efficiency, WTW, Sale, Panamax, International Maritime Organization, DSX, Artemis, Zhoushan, Greenhouse gas, Marubeni, Methanol, LCA, GHG, NOx, Shipbuilding

ATHENS, Greece, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that it has signed shipbuilding contracts for two 81,200 dwt methanol dual fuel new-building Kamsarmax dry bulk vessels, for a purchase price of US$46 million each.

Key Points: 
  • ATHENS, Greece, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that it has signed shipbuilding contracts for two 81,200 dwt methanol dual fuel new-building Kamsarmax dry bulk vessels, for a purchase price of US$46 million each.
  • The vessels are expected to be delivered to the Company by the second half of 2027 and the first half of 2028, respectively.
  • When powered by green methanol, the vessels are designed to produce near-zero GHG emissions based on the well-to-wake (WTW) fuel life cycle assessment (LCA) methodology.
  • A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com .

Diana Shipping Inc. Announces Time Charter Contract for m/v Leonidas P. C. With Ming Wah

Retrieved on: 
Friday, February 9, 2024
Employment, Artemis, DSX, Sale, Bulk carrier, Panamax, Capesize

The charter is expected to commence on February 21, 2024.

Key Points: 
  • The charter is expected to commence on February 21, 2024.
  • The “Leonidas P. C.” is a 82,165 dwt Kamsarmax dry bulk vessel built in 2011.
  • The employment of “Leonidas P. C.” is anticipated to generate approximately US$9.18 million of gross revenue for the minimum scheduled period of the time charter.
  • A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com .

Diana Shipping Inc. Announces Time Charter Contract for m/v Philadelphia With NYK Line

Retrieved on: 
Thursday, February 1, 2024
Nippon Yusen, Capesize, Artemis, Bulk carrier, Panamax, Employment, DSX, Sale, Airline

The gross charter rate is US$22,500, minus a 5% commission paid to third parties, for a period until minimum April 20, 2025 up to maximum July 20, 2025.

Key Points: 
  • The gross charter rate is US$22,500, minus a 5% commission paid to third parties, for a period until minimum April 20, 2025 up to maximum July 20, 2025.
  • The “Philadelphia” is a 206,040 dwt Newcastlemax dry bulk vessel built in 2012.
  • The employment of “Philadelphia” is anticipated to generate approximately US$9.79 million of gross revenue for the minimum scheduled period of the time charter.
  • A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com .

Diana Shipping Inc. Announces the Sale of a Panamax Dry Bulk Vessel, the m/v Artemis

Retrieved on: 
Tuesday, January 23, 2024
Sale, Panamax, Agreement, Capesize, DSX, Bulk carrier, Artemis

Upon completion of the aforementioned sale, Diana Shipping Inc.’s fleet will consist of 39 dry bulk vessels (4 Newcastlemax, 9 Capesize, 5 Post-Panamax, 6 Kamsarmax, 6 Panamax and 9 Ultramax).

Key Points: 
  • Upon completion of the aforementioned sale, Diana Shipping Inc.’s fleet will consist of 39 dry bulk vessels (4 Newcastlemax, 9 Capesize, 5 Post-Panamax, 6 Kamsarmax, 6 Panamax and 9 Ultramax).
  • As of today, the combined carrying capacity of the Company’s fleet, including the m/v Artemis, is approximately 4.5 million dwt with a weighted average age of 10.59 years.
  • A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com .
  • Information contained on the Company’s website does not constitute a part of this press release.

Diana Shipping Inc. Announces Expansion of Previously Announced Joint Venture for Offshore Wind Service Vessels

Retrieved on: 
Monday, January 22, 2024
Wind, Panamax, VARD, Acquisition, Capesize, DSX, Bulk carrier

ATHENS, Greece, Jan. 22, 2024 (GLOBE NEWSWIRE) --  Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that its previously announced joint venture (“Windward Offshore”) with Blue Star Group GmbH & Cie. KG, SeaRenergy Offshore Holding GmbH and SeraVerse GmbH to purchase offshore wind service vessels (“CSOVs”) has excercised its option to acquire two additional newbuilding CSOVs from VARD.

Key Points: 
  • ATHENS, Greece, Jan. 22, 2024 (GLOBE NEWSWIRE) --  Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that its previously announced joint venture (“Windward Offshore”) with Blue Star Group GmbH & Cie. KG, SeaRenergy Offshore Holding GmbH and SeraVerse GmbH to purchase offshore wind service vessels (“CSOVs”) has excercised its option to acquire two additional newbuilding CSOVs from VARD.
  • Diana Shipping Inc.’s fleet currently consists of 40 dry bulk vessels: 4 Newcastlemax, 9 Capesize, 5 Post-Panamax, 6 Kamsarmax, 7 Panamax and 9 Ultramax.
  • As of today, the combined carrying capacity of the Company’s fleet is approximately 4.5 million dwt with a weighted average age of 10.59 years.
  • A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com.

Diana Shipping Inc. Announces Time Charter Contract for m/v Maera with ST Shipping

Retrieved on: 
Monday, January 22, 2024
Employment, Panamax, Capesize, DSX, Bulk carrier, Airline

The gross charter rate is US$13,750, minus a 5% commission paid to third parties, for a period until minimum November 20, 2024 up to maximum January 20, 2025.

Key Points: 
  • The gross charter rate is US$13,750, minus a 5% commission paid to third parties, for a period until minimum November 20, 2024 up to maximum January 20, 2025.
  • The employment of “Maera” is anticipated to generate approximately US$4.03 million of gross revenue for the minimum scheduled period of the time charter.
  • Diana Shipping Inc.’s fleet currently consists of 40 dry bulk vessels: 4 Newcastlemax, 9 Capesize, 5 Post-Panamax, 6 Kamsarmax, 7 Panamax and 9 Ultramax.
  • A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com .

Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Aquarius With Stone Shipping

Retrieved on: 
Tuesday, January 16, 2024
Panamax, Capesize, DSX, Employment, Bulk carrier

The “DSI Aquarius” is a 60,309 dwt Ultramax dry bulk vessel built in 2016.

Key Points: 
  • The “DSI Aquarius” is a 60,309 dwt Ultramax dry bulk vessel built in 2016.
  • The employment of “DSI Aquarius” is anticipated to generate approximately US$4.52 million of gross revenue for the minimum scheduled period of the time charter.
  • Diana Shipping Inc.’s fleet currently consists of 40 dry bulk vessels: 4 Newcastlemax, 9 Capesize, 5 Post-Panamax, 6 Kamsarmax, 7 Panamax and 9 Ultramax.
  • A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com .