Diana Shipping scores firm price for latest ultramax sale

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Greece’s Diana Shipping has revealed it has sold an ultramax it partially owns for what brokers describe as a very firm price.

The nine-year-old DSI Drammen ultramax has fetched a price of $26.86m, the New York-listed company said in a statement. The buyer has not been revealed.

Diana Shipping holds a 25% interest in the limited partnership, while the remaining 75% of the limited partnership is owned by Ecobulk, a Norwegian entity.

Diana Shipping’s fleet currently consists of 36 dry bulk vessels ranging in size class from newcastlemax to ultramax.