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2011 May 16   16:05

Diana Shipping Inc. buys Panamax dry bulk carrier

Diana Shipping Inc., a global shipping transportation company specializing in dry bulk cargoes, today announced that it has agreed to purchase from an unaffiliated third party the MV “Corona”, a 2007 built Panamax dry bulk carrier of 73,593 dwt, for a price of US$29.99 million. The vessel, to be renamed “Arethusa”, is expected to be delivered to the Company by the sellers by the end of June 2011.

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