• 2017 October 13 16:23

    Diana Shipping announces the sale of a Panamax dry bulk vessel, Melite

    Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has signed, through a separate wholly-owned subsidiary (the “Owners”), a Memorandum of Agreement to sell to an unaffiliated third party (the “Buyers”), the 2004-built vessel “Melite” for demolition, on an “as is where is” basis, with delivery due to the Buyers by October 30, 2017, for a sale price of approximately US$2.52 million before commissions, the shipping company said in a press release.

    The Owners of “Melite” have submitted a Notice of Abandonment to their Hull and Machinery Underwriters, who have not, as of today’s date, accepted this Notice, but have agreed to the sale of the vessel on the terms outlined in the above mentioned  Memorandum of Agreement. This Notice of Abandonment forms part of Owners’ claim against the vessel’s Hull and Machinery Underwriters resulting from the previously announced grounding of the vessel on July 26, 2017, and which if accepted by the insurers will result in the payment to Owners of the vessel’s total insured value of approximately US$14.0 million.

    Upon completion of the aforementioned sale, Diana Shipping Inc.’s fleet will consist of 50 dry bulk vessels (4 Newcastlemax, 14 Capesize, 5 Post-Panamax, 5 Kamsarmax and 22 Panamax). As of today, the combined carrying capacity of the Company’s fleet, including the m/v Melite, is approximately 5.9 million dwt with a weighted average age of 8.2 years. A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com. Information contained on the Company’s website does not constitute a part of this press release.

    About the Company
    Diana Shipping Inc. is a global provider of shipping transportation services through its ownership of dry bulk vessels. The Company’s vessels are employed primarily on medium to long-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.




2017 October 23

10:41 Valcom LLC supports conference “LNG Fleet and LNG Bunkering in Russia” as its Sponsor
10:20 Brent Crude futures price up 0.26% to $57.90, Light Sweet Crude – up 0.52% to $52.11
10:02 Nakilat announces financial results for third quarter of 2017
09:49 Vympel Shipyard launches lead high-speed passenger-carrying hydrofoil of project 23160, Kometa 120М (photo)
09:18 Baltic Dry Index up to 1,578 points
02:14 Essar Projects congratulates GMB for inauguration of India’s first Ro-Ro ferry project

2017 October 22

15:47 Navantia and General Electric sign a license agreement
15:45 Maersk Line lands award for sustainability collaboration
15:43 Scorpio Bulkers announces the financing of a Kamsarmax vessel in Japan
15:42 Aker Solutions ASA posts results for Q3 2017
15:39 General Dynamics NASSCO christens USNS Hershel “Woody” Williams
15:36 Nb. 445 ‘Snow Crystal’ launched at the Westerbroek yard of Ferus Smit
15:34 Wärtsilä signs maintenance agreement with GasLog LNG Services for eight LNG carriers

2017 October 20

18:31 Finnpilot Pilotage Ltd joins the ITS Finland network
18:10 Kari Wihlman appointed as Director-General of Finnish Transport Agency with effect from 1 January 2018
17:47 Rosmorport appoints Oksana Masyuk as Deputy Director for Economics and Finance of its Arkhangelsk Branch (photo)
17:19 Russian Railways's loading of export freight from ports increases by almost by 6% in 3 quarters of 2017
16:56 Scandlines Helsingborg-Helsingör expands capacity
16:28 USPA announced tender for construction of berth 1-z in Port of Odessa
16:03 Wärtsilä's asset and lifecycle management agreement lets GasLog concentrate on its core business
16:00 Wilson Sons Shipyards delivers SST-Aruá to SAAM SMIT
15:31 In 9M’17, TransContainer transported 1.31 mln TEUs, up 17.7% Y-o-Y
15:03 Otto Energy starts drilling of the ST 224 #1 well
14:29 Opening ceremony of Russian-Indian international Indra-2017 exercise held in Vladivostok
14:02 d’Amico International Shipping launches the first three LR1 vessels
13:30 Sea transport of Sevastopol carried 660,400 passengers in September 2017, down 3.2%, Y-o-Y
13:02 ICTSI orders hybrid RTGs for Manila flagship
12:44 Draft procedure for investment port duty assessment is available at federal portal for legal information (document)
12:22 Aker Solutions wins order for world's largest umbilicals system
12:19 APL starts new Korea China Straits service
12:05 LNG reloading station of Klaipėdos nafta applies highest safety standards
11:37 Major ASW ship Vice Admiral Kulakov enters the port of Alexandria
11:08 Zvezda Shipbuilding complex, Rosnefteflot and Taimyrneftegaz agreed to build and operate 10 Arctic shuttle tankers
10:43 Conference “LNG Fleet and LNG Bunkering in Russia”: registration is underway
10:20 Brent Crude futures price up 0.24% to $57.37, Light Sweet Crude – up 0.33% to $51.46
09:59 Innovative passenger catamaran Grifon presented in Saint-Petersburg (photo)
09:32 Bunker prices are slightly up at the Port of Saint-Petersburg, Russia (graph)
09:14 Baltic Dry Index up to 1,582 points

2017 October 19

18:01 Record shipment marks ABP Ipswich and Glencore support of UK farmer
17:38 Arab Association for Women in the Maritime Sector launched in Egypt
17:15 Throughput of port Kaliningrad in Jan-Sep'17 grew by 17% to 10.17 mln t
16:50 Throughput of the port of Rotterdam up 2% to 351.5 mln t in 9M’17
16:39 Panama Maritime Authority holds a kick-off ceremony for the construction of the new Amador Cruise Port
16:21 Russian and Greek ships to participate in 190th Anniversary of the Battle of Navarino
15:59 Hartmann Group's AHTS fleet secures long-term investment
15:39 Throughput of port Vyborg up 15% to 1.09 mln t in 9M’17
15:13 Throughput of port Vysotsk up 3% to 12.91 mln t in 9M’17
14:44 Throughput of port Primorsk in 9M’17 down 8% Y-o-Y to 44.68 mln t
14:38 MABUX: Global bunker prices may continue upward evolution next week
14:17 Throughput of port Ust-Luga up 11% to 76.02 mln t in 9M’17
13:50 Bunker market in the Far East ports of Russia sees mixed price movements (graph)
13:25 Throughput of Big Port St. Petersburg up 10% to 39.48 mln t in 9M’17
13:02 TechnipFMC reaches an agreement to acquire Plexus’ exploration wellhead business
12:46 USC to transit to a new corporate management system
12:33 Knyaz Vladimir cruise liner ends 2017 navigation
12:31 Port of Fujairah and Dutch Port companies sign MOU
12:01 Prosafe updates operational results for Q3 2017
11:39 First vessel with coal shipped from Rosterminalugol to Portugal (photo)
11:20 Clean Marine receives a seven-system order from Inventor Chemical Tankers
11:08 Drydocks World recognized as the region’s best rig repair yard