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Diana Shipping and Wilhelmsen in shipmanagement jv

Diana Shipping and Wilhelmsen Ship Management have formed a shipmanagement joint venture, initially to manage some of the vessel’s from the Greek owner’s fleet.

Marcus Hand, Editor

May 11, 2015

1 Min Read
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The 50 – 50 joint venture will provide management services to a “limited number” of Diana’s vessels when it starts up later in the second quarter, and also offer third party shipmanagement in the future.

“This joint venture will provide Diana Shipping with an expanded capability to provide high quality management services to vessels in its fleet, while creating an opportunity to further enhance shareholder value through increased revenues by eventually providing management services to unaffiliated third party vessel operators,” said Simeon Palios, chariman and ceo of Diana.

The joint venture will be based in Cyprus. Diana currently has a fleet of 40 bulkers.

Read more about:

Diana Shipping

About the Author

Marcus Hand

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

See more from Marcus Hand
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