New York-listed Greek bulker proprietor Diana Transport is again ordering ships with a deal for 2 methanol dual-fuel kamsarmaxes.

The Semiramis Paliou-led firm has signed a letter of intent to order, by way of Japanese buying and selling home Marubeni Company or its unaffiliated assured nominee, a pair of 81,200 dwt ships at Tsuneishi Zhoushan shipyard in China.

Topic to the execution of definitive documentation and satisfaction of customary closing circumstances, the vessels are anticipated to ship by the second half of 2027 and the primary half of 2028 costing $46m every.

“Diana Transport takes delight in its function as an business chief, regularly striving to boost our fleet and operations for the advantage of our stakeholders and the surroundings. This funding underscores our dedication to sustainable transport and positions us to fulfill the evolving calls for of our business whereas decreasing our carbon footprint,” the corporate’s boss Paliou stated.

Diana, which at present sports activities a fleet of 41 bulkers, final ordered ships in 2014 at what was as soon as Yangzhou Dayang Shipbuilding, earlier than it suffered a monetary collapse in 2016. The order was cancelled the identical 12 months after supply delays.

Tsuneishi has turn out to be a go-to place for methanol-powered bulkers. Kambara Kisen not too long ago booked an ultramax, backed by Mitsui OSK Strains (MOL). J. Lauritzen, Cargill and Mitsui & Co additionally signed up for kamsarmaxes on the yard, which additionally received an order from an unnamed proprietor for one more methanol dual-fuelled ultramax in February for supply in 2025.