Greek dry bulk owner Diana Shipping has sealed an agreement to sell 2005-built Panamax bulk carrier Calipso for $7.275m.

The vessel, which is valued at $8m by VesselsValue, is scheduled to be delivered to the unnamed buyer by the end of January.

Diana Shipping has been consistently selling off its Panamaxes for over a year, the Calipso the ninth Panamax bulker to go since last November.