is a global provider of shipping transportation services through its ownership and bareboat charter-in of dry bulk vessels. fleet can be found on the Company’s website, Information contained on the Company’s website does not constitute a part of this press release.ĭiana Shipping Inc. A table describing the current Diana Shipping Inc. As of today, the combined carrying capacity of the Company’s fleet, is approximately 4.7 million dwt with a weighted average age of 10.0 years. The remaining proceeds may be used to pay transaction costs and expenses incurred in connection with the loan agreement and/or general corporate purposes.ĭiana Shipping Inc.’s fleet currently consists of 42 dry bulk vessels (4 Newcastlemax, 10 Capesize, 5 Post-Panamax, 6 Kamsarmax, 7 Panamax and 10 Ultramax). The proceeds from the loan facility refinanced other loan facilities with an aggregate outstanding amount of approximately US$87 million, namely two existing loan facilities with BNP Paribas of approximately US$75.2 million (maturity dates in July 2023 and in May 2024) and another loan facility with DNB Bank ASA of approximately US$11.8 million (maturity date in March 2024) related to the same nine vessels. Yesterday, it concluded the drawdown of US$100 million, secured by nine vessels. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that on April 12, 2023, it signed a term loan facility with Danish Ship Finance A/S for up to US$100 million with maturity date in April 2028. ATHENS, Greece, Ap(GLOBE NEWSWIRE) - Diana Shipping Inc.
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