Trump Tariffs on Russia’s Oil Buyers Bring Economic, Political Risks
From punishing Brazil to trying to curb imports of fentanyl, U.S. President Donald Trump has wielded the threat of tariffs as an all-purpose foreign policy weapon.
Hot on the heels of yesterdays announcement from NYSE-listed dry bulk shipowner Diana Shipping (NYSE: DSX) calling for the constructing of two ice class Panamax dry bulk carriers, the company has today announced another addition to its fleet with the purchase of a 76,225 dwt bulk carrier from an unaffiliated third party.
In a statement, Diana Shipping said it will be purchasing the M/V Mining Star, a 2005 built Panamax dry bulk carrier of 76,225 dwt, for a price of US$20.65 million bringing the company’s two-day spending total to more than $78 million from so far undisclosed funds. Upon delivery in mid-April, Diana Shipping will rename the vessel to “Melia”.
Excluding the “Melia”, Diana Shipping’s fleet currently consists of 26 dry bulk carriers consisting of 16 Panamax vessels, 8 Capesize vessels, 1 Post-Panamax vessel and 1 Newcastlemax vessel, as well as 1 new building Newcastlemax vessel expected to be delivered during the second quarter of 2012 and 2 new building Ice Class Panamax vessels expected to be delivered during the fourth quarter of 2013.
According to the ship photo website, Shipspotting.com, the M/V Mining Star is owned and operated by Statu Chartering & Shipping of Istanbul, Turkey.
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