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Stock Market & Financial Investment News

News Breaks
February 14, 2013
09:03 EDTDSXDiana Shipping acquires Kamsarmax dry bulk carrier for EUR14.76M
Diana Shipping announced that on February 11, through a separate wholly-owned subsidiary, the company was the successful bidder at an auction that took place in France, for the m/v "Valeria Della Gatta", a 2009-built Kamsarmax dry bulk carrier of 82,193 dwt, built by Tsuneishi Shipbuilding Co. Ltd., Japan, for a purchase price of EUR14.76M. Separately, the company also announced that it has entered into a time charter contract with ADM International Sarl, Rolle, Switzerland, through a separate wholly-owned subsidiary, for one of its Post-Panamax dry bulk carriers, the m/v Alcmene. The gross charter rate is $7,250 per day, minus a 5% commission paid to third parties, for a period of about 18 months to maximum 24 months. The charter is expected to commence on February 23.
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July 28, 2014
09:00 EDTDSXDiana Shipping announces $40M equity investment in Diana Containerships
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08:57 EDTDSXDiana Containerships reports equity investments
Diana Shipping (DSX) announced that it has entered into an agreement to purchase shares of the common stock of Diana Containerships (DCIX) for an aggregate purchase price of $40M. Concurrently with the Company's investment, two institutional investors not affiliated with the Company or Diana Containerships together purchased $40M of common shares, and Mr. Simeon Palios, Chairman and Chief Executive Officer of the Company and Diana Containerships, and a member of his family, along with other members of the Diana Containership's senior management, purchased an aggregate of $12M of common shares.
July 17, 2014
08:30 EDTDSXDiana Shipping announces time charter contract for m/v Leto with Cargill
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