New York-listed Diana also confirmed the addition of a kamsarmax in a deal previously uncovered by TradeWinds.

Diana says it is paying $43m for hull 1364 at Shanghai Waigaoqiao Shipbuilding, which is understood to be one of the two capes offloaded by Scorpio as part of its restructuring efforts yesterday.

The owner will rename the vessel New Orleans with delivery charted for August this year.

Diana