Diana said the buyers decided to cancel the contract due to unforeseen events, unrelated to the condition of the vessel, and have requested the refund of the deposit of the purchase price.
The company has taken steps to release the deposit to the buyers.
The sale of the 2002-built Norfolk was supposed to fetch USD 9.35 million.
The 183,468 cbm vessel, previously known as Thalassini Kyra, was slated to be delivered to an undisclosed buyer by February 25, 2020.