Diana Shipping has signed a $15m deal to acquire Gala Properties.
Gala Properties has a $60.2m contract with China Shipbuilding Trading Company and Shanghai Jiangnan-Changxing Shipbuilding Company for the construction of a 177,000t Capesize dry bulk carrier vessel.
Diana will transfer its ownership interest in Eniwetok Shipping Company. The deal is expected to be complete in May this year.
By staff writer
Related Articles
Related Companies
