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Diana Shipping Inc. Announces the Acquisition of Nine Ultramax Dry Bulk Vessels From Sea Trade Holdings Inc.

Globe Newswire - Thu Aug 11, 2022

ATHENS, Greece, Aug. 11, 2022 (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 agreed, through separate wholly-owned subsidiaries, to acquire nine modern ultramax dry bulk vessels built between 2015 and 2018, with an average vessel age of approximately 5.4 years, from Sea Trade Holdings Inc. (“Sea Trade”), an unaffiliated third party. The vessel deliveries are expected to occur during the fourth quarter of 2022.

Read more at globenewswire.com

Provided Content: Content provided by Globe Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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