Diana Shipping: Steady progress in reducing fleet carbon intensity

Diana Shipping is connected track to reducing its biology c strength scale (CII).

According to the ESG study for 2024, published by the US-listed company, past year it managed to acceptable the scale astatine 2.95, contempt the information that it had accrued speed requirements, prolonged periods of inactivity astatine anchorage, arsenic well arsenic accrued idle times successful shipyards for ships successful the company’s fleet.

The forecast for the pursuing years and until 2028 shows that the expected CII for 2028 is adjacent to 2.75, which translates into a 15% simplification successful c intensity, compared to 2019.

According to the existent indications, the CII simplification rates for the coming years will beryllium greater and the institution will beryllium capable to execute its target of a 20% reduction.

As Diana’s CEO, Semiramis Paliou, specifically pointed retired successful her message: “We person made steady advancement successful reducing the c strength of our fleet, successful enactment with our decarbonization goals by 2028.

Operational ratio and vessel show stay top priorities and we are arrogant to thrust guardant a wide decarbonization plan, supported by our broader ESG strategy.

These efforts spell beyond regulatory requirements, reflecting our determination to execute measurable impact, strengthen resilience and marque a meaningful publication to the shipping industry’s transition towards a much sustainable future.”

At the aforesaid time, she noted that “we proceed to absorption connected strategic investments and partnerships to support fleet modernisation.”