Eco Ship Savings Not as High as Yards Claim

During an earnings call for Diana Shipping’s Q3 2012 Results, an analyst posed a question on “eco ships” and what the trade off looks for new versus used since it relates to more fuel efficient level. According to Anastasios C. Margaronis, president of Diana Shipping Inc., fuel-saving ECO ships are not likely to provide shipowners with major savings.

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