Diana Shipping Inc. Announces the Sale of a Post-Panamax Dry Bulk Vessel, the m/v Alcmene, and the Direct Continuation of Time Charter Contract for m/v San Francisco With SwissMarine
Portfolio Pulse from
Diana Shipping Inc. (NYSE: DSX) announced the sale of its Post-Panamax dry bulk vessel, m/v Alcmene, for approximately $11.9 million. Additionally, the company has extended the time charter contract for m/v San Francisco with SwissMarine.
February 12, 2025 | 2:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Diana Shipping Inc. has sold its Post-Panamax vessel, m/v Alcmene, for $11.9 million, potentially improving its liquidity. The company also extended a charter contract for m/v San Francisco, indicating stable revenue streams.
The sale of m/v Alcmene for $11.9 million will likely improve Diana Shipping's liquidity position. The continuation of the time charter contract for m/v San Francisco with SwissMarine suggests stable revenue, which is positive for the company's financial health.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100