M&A Deal Summary |
|
|---|---|
| Date | 2023-02-01 |
| Target | Diana Shipping s m/v Melia |
| Sector | Transportation |
| Buyer(s) | OceanPal |
| Sellers(s) | Diana Shipping |
| Deal Type | Divestiture |
| Deal Value | 14M USD |
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OceanPal is a provider of shipping transportation services that specializes in the ownership of vessels. The company owns a high-quality fleet of dry bulk carriers that reduces operating costs, improves safety, and provides a competitive advantage in securing favorable charters. OceanPal is based in Athens, Greece.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Transportation M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Greece M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1999 |
| Sector | Transportation |
| Employees | 981 |
| Revenue | 228M USD (2024) |
Diana Shipping is a global provider of shipping transportation services, and owner of a modern, high-quality fleet of dry bulk carriers. The company specializes in the ownership and bareboat charter-in of dry bulk vessels. Its fleet consists of 41 dry bulk vessels (4 Newcastlemax, 10 Capesize, 5 Post-Panamax, 6 Kamsarmax, 7 Panamax, and 9 Ultramax) as well as a Capesize dry bulk vessel, and a Panamax dry bulk vessel. Diana Shipping was founded in 1999 and is based in Athens, Greece.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Transportation M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Greece M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
