Diana Shipping (DSX) announced that the Company agreed to become a strategic partner and invest in a newly established joint venture, Ecogas Holding AS, with an 80% equity interest in a transaction for the construction of two 7,500 cbm semi-refrigerated LPG newbuildings, with an option for two additional vessels. Delivery of the first vessel is expected in the first quarter of 2027 and of the second vessel in the fourth quarter of 2027.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DSX:
- Diana Shipping Secures New Charter for Ultramax Vessel
- Diana Shipping announces time charter contract for m/v DSI Andromeda
- Diana Shipping Secures New Charter Contract for m/v Medusa
- Diana Shipping announces time charter contract for m/v Medusa
- Diana Shipping Navigates Market Challenges with Strategic Moves
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue