Diana Shipping buys resale capesize at $50m from Qingdao Beihai

The 180,000-dwt newbuilding is expected to be delivered to Diana Shipping by mid-January 2015.

In June this year, Diana Shipping had also bought a resale capesize bulker at a price of $58m from the same Chinese shipyard.

At present, Diana Shipping has a combined carrying fleet capacity of approximately 4.4m dwt with a weighted average age of 6.99 years.

The shipowner is waiting for the deliveries of four newbuildings including two newcastlemaxes, one kamsarmax and the latest capesize order.