Diana Shipping is refinancing the debt on six of its vessels with a sustainability-linked loan.
The deal sees the New York-listed shipowner join a still small but growing list of shipowners that is turning to finance tied to sustainability loans.
The Semiramis Paliou-led owner of 37 bulkers signed a $91m sustainability-linked loan facility with ABN Amro to refinance money owed on a panamax, a kamsarmax, two capesizes and two newcastlemaxes.
