Diana Secures Financing for Capesize Bulker

Dry bulk shipping company Diana Shipping Inc. informed that it has completed a drawdown of USD 30 million, through a separate wholly-owned subsidiary, under a term loan facility it signed with Danish Ship Finance A/S.

The proceeds will be used to partially finance the acquisition cost of a Capesize dry bulk vessel, the m/v Santa Barbara.

Diana took delivery of the vessel on January 12, 2015.

This was a pretty busy week for Diana, with respect to fleet developments, as just two days ago the company added two vessels to its fleet, a second-hand Kamsarmax and a newbuild Capesize bulker.

Diana Shipping Inc.’s fleet currently consists of 40 dry bulk vessels that add up to a combined carrying capacity of approximately 4.6 million dwt with a weighted average age of 7.1 years.

The company expects to take delivery of one Kamsarmax dry bulk vessel during the second quarter of 2015, one new-building Capesize dry bulk vessel during August 2015, two new-building Newcastlemax dry bulk vessels and one new-building Kamsarmax dry bulk vessel during the second quarter of 2016.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

2nd GREENTECH IN SHIPPING GLOBAL FORUM

Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >

World Future Ports Summit 2020

This event will bring together ports and maritime shipping professionals from global leading companies and authorities to discuss recent digital technologies…

read more >