Diana Shipping Announces Of Two 81,200 Dwt Methanol Dual Fuel New-Building Kamsarmax Dry Bulk Vessels For Purchase Price Of $46M Each; Expected To Be Delivered In H2 2027 And H1 2028
Portfolio Pulse from Benzinga Newsdesk
Diana Shipping has announced the purchase of two 81,200 Dwt Methanol Dual Fuel New-Building Kamsarmax Dry Bulk Vessels for a price of $46M each. The vessels are expected to be delivered in H2 2027 and H1 2028.
September 27, 2023 | 1:29 pm
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Diana Shipping's acquisition of two new vessels for $46M each could potentially strengthen its fleet and increase its operational capacity in the long term.
The acquisition of new vessels is a significant investment for shipping companies like Diana Shipping. It can potentially increase their operational capacity and efficiency, which could lead to increased revenues in the long term. However, the impact on the company's stock price in the short term may be neutral or slightly positive, as the vessels are not expected to be delivered until H2 2027 and H1 2028.
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IMPORTANCE 75
RELEVANCE 100