Diana Shipping (NYSE: DSX) signed a Memorandum of Agreement with Pioneer Shipping yesterday to purchase the 179,134 dwt M/V JK Pioneer for a total consideration of USD $52 million. The 2013-built bulk carrier is currently on charter to Oldendorff Carriers GmbH & Co. KG at a gross charter rate of US$11,500 per day and was delivered this spring from Hyundai Heavy Industries.
Diana Shipping notes the vessel will be renamed “P. S. Palios” and will be delivered mid-November 2013.
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China said on Monday it had provided information and documents for an open investigation into the severing of two Baltic Sea undersea cables, though it and Sweden disagreed over how transparent Beijing had been in the case.
By Wladimir Pantaleone and Angelo Amante PALERMO, Italy, Dec 20 (Reuters) – Acourt on Friday acquitted Italian Deputy Prime Minister Matteo Salvini of charges of kidnapping over 100 migrants aboard a boat he had...
Denmark has rejected a Japanese request to extradite anti-whaling activist Paul Watson over criminal charges dating back more than a decade, a Danish lawyer representing Watson said on Tuesday.
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