The delivery period of one newcastlemax bulker has been delayed from 29 September this year to between 26-30 December 2016, while the second sister unit has been pushed back from 30 November this year to between 13-20 March 2017.
The global dry bulk shipping market is awashed with capacity and freight rates have stayed under pressure, leading to many owners seeking to push back deliveries of new bulkers.
At present, Diana Shipping’s fleet consists of 46 dry bulk vessels. The company expects to take delivery of one newbuilding kamsarmax bulker during the fourth quarter of 2016.
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