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Diana Containerships completes makeover as debt-free owner of four boxships

Simeon Palios-led Diana Shipping and affiliate Diana Containerships are both claiming success after the boxship company repaid an in-house loan as well as its other lenders. While Diana Containerships is claiming to be ‘far stronger’ emerging as a debt-free owner of four vessels, Diana Shipping, the owner of 50 bulkers, claims the loan resulted in an attractive return on funds during a market downturn

Nasdaq-listed company claims it is ‘far stronger’ after vessel sales and repayment of large loan from dry bulk affiliate Diana Shipping

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