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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