Diana Shipping offloads another older panamax

Diana Shipping offloads another older panamax

Greek dry bulk owner Diana Shipping has sold 2001-built panamax dry bulk vessel Nirefs to an unaffiliated third party.

The vessel was sold for $6.71m, slightly below the $7.1m fair market value placed on the ship by MSI.

Delivery to the unnamed buyer is expected by October 30, and reduced the Diana Shipping fleet to 43 vessels in total. The company has been consistently selling off its older panamaxes since November 2018.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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