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International Dry Bulk Finance

Diana creates spin-off company for older vessels

US-listed Diana Shipping is planning to spin off three of its older vessels into a new holding company which will be listed on the Nasdaq Capital Market

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Diana, which is injecting $1m into the new entity, will issue a cash dividend of $0.10 per share in connection with the closing of the spin-off company, expected before November 9

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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