New York-listed Diana yesterday paid $50m for a 180,000-dwt vessel nearing completion at Qingdao Beihai Shipbuilding Heavy Industry in China.

Pareto Securities says the price compares with its present generic broker quote of $53m for such tonnage.

Analyst Eirik Haavaldsen noted in the bank’s morning report the purchase price is ahead of the figure implied in the share price of Wall Street’s three largest bulker owners.

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