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2012 October 11   11:44

Diana Shipping picks up new post-panamax bulker for $25m

Savvy owners are picking their way through Asia's beleaguered yards and snapping up bargains with Diana Shipping Inc the latest to announce a deal to acquire a newly-built 98,704 dwt post-panamax dry bulk carrier built by Tsuneishi Group (Zhoushan) Shipbuilding Inc., from a third party seller for $24.6m, Seatrade Asia online reports.

The vessel, to be named Polymnia, is expected to be delivered by the sellers by the end of next month.

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