Diana Offloads Panamax Bulker

Greek dry bulk vessel owner Diana Shipping has decided to dispose of Nirefs, a 2001-built Panamax bulker.

The company signed a memorandum of agreement with an undisclosed party to sell the 75,300 dwt ship.

As informed, the agreed sale price is USD 6.71 million before commissions.

Built at Korean Hyundai Samho Heavy Industries yard, Nirefs currently has a market value of USD 6.66 million, according to data provided by VesselsValue.

Upon completion of the abovementioned sale, Diana Shipping’s fleet will comprise 43 dry bulk vessels.

As of today, the combined carrying capacity of the company’s fleet, including the m/v Nirefs, is approximately 5.4 million dwt with a weighted average age of 9.31 years.