Diana Shipping steps into LPG tanker market

Greek dry bulk shipping company Diana Shipping has decided to diversify its business by investing into new vessel types – liquefied petroleum gas (LPG) ships.

On March 21, 2025, the company revealed it would become a strategic partner and invest in a newly established joint venture, Ecogas Holding, with an 80% equity interest in a transaction for the construction of two 7,500 cbm semi-refrigerated LPG newbuildings, with an option for two additional vessels.

As informed, the first vessel is expected to be