12/23/2014

Diana Shipping secured loan for capesize bulkers

New York-listed Diana Shipping has collected $53.5m to help pay for the 179,000-dwt MV PS Palios (built 2013) and the MV GP Zafirakis (built 2014).
New banking relationship for Diana Shipping that has historically banked with RBS. Diana Shipping has also secured employment for the 73,500-dwt MV Niref (built 2001). Glencore has chartered the vessel for 11 to 14 months at $7,500 daily.
Diana Shipping has 39 bulkers to its name, with two capesizes set to arrive in January 2015 and a pair of Newcastlemaxes and a single kamsarmax slated for the second quarter of 2016.