Performance Shipping Inc. (NASDAQ:DCIX), (the “Company”), announced that it has agreed to acquire two entities, which have signed contracts to purchase two 2011-built Aframax tanker vessels from an unaffiliated third party seller for a total purchase price of US$60.0 million.

The last 12 months have been the busiest period for Nordic American Tankers ever.

Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v P. S. Palios.

During the 2019 St. Petersburg International Economic Forum, PJSC NOVATEK, PAO Sovcomflot, China’s COSCO SHIPPING Corporation Limited, and the Silk Road Fund Co., Ltd, signed a four-party agreement to establish a joint venture Maritime Arctic Transport LLC.

Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Singapore Marine Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v New York.

As part of the strategic cooperation agreement signed between SUMEC Marine Company Ltd. and DNV GL last year, SUMEC’s New Dayang Shipbuilding Co., Ltd. and DNV GL have agreed on a Joint Development Project (JDP) to update the Crown 63.5k Bulk Carrier design.