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Rebranded Diana Containerships given ‘new start’

Performance Shipping, the new name for Diana Containerships, has raised $6.5m from the issue of shares in connection with expiring warrants and, according to chief executive Simos Palios, is set on ‘a new start’. Some observers think that could extend to looking beyond containerships, an area in which it has specialised to date

Performance Shipping, as the company is now called, has four debt-free vessels and has raised additional cash from expiration of warrants

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