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January 17, 2010

Diana Shipping to Explore Container Services

Diana Shipping is planning to form a new company over the next 12-18 months that is expected to invest in containerships. The dry bulk cargo transporter will invest $50m for a minority stake in the project and the balance will be raised in a private offering, Diana Shipping said.

By cms admin

Diana Shipping is planning to form a new company over the next 12-18 months that is expected to invest in containerships.

The dry bulk cargo transporter will invest $50m for a minority stake in the project and the balance will be raised in a private offering, Diana Shipping said.

The company recently worked out a number of charter agreements for its bulk carrier fleet.

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