Dry bulk shipowner Diana Shipping announced it has signed a letter of intent (LOI) to order through Marubeni Corporation or its guaranteed nominee, an unaffiliated third party, two 81,200 dwt methanol dual fuel new-building Kamsarmax dry bulk vessels, for a purchase price of $46 million each, built at Tsuneishi Group (Zhoushan) Shipbuilding Inc., China.
The vessels are expected to be delivered by the second half of 2027 and the first half of 2028 respectively. The transaction remains subject to the execution of definitive documentation and satisfaction of customary closing conditions.