Diana Shipping

Diana Shipping, Inc. operates as a holding company, which engages in the provision of shipping transportation services through the ownership and operation of dry bulk vessels. Its vessels are being employed primarily on medium to long-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain, and other materials along worldwide shipping routes. The company was founded on March 8, 1999 and is headquartered in Athens, Greece.

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Diana Shipping reports robust earnings, poised for strategic growth

Diana Shipping's Q4 2022 earnings call highlighted a successful year, strong financial performance, and strategic growth initiatives.
The company's commitment to shareholder value, fleet expansion plans, and focus on market dynamics position it well for future opportunities.
While facing challenges in the market environment, Diana Shipping remains resilient, adaptive, and poised to navigate industry headwinds effectively.

Diana Shipping reports profitable Q1 earnings, navigates debt challenges

Diana Shipping's Q1 2023 earnings call reflects a resilient performance, strong operational capabilities, and strategic financial decisions. While facing challenges such as high net debt and market uncertainties, the company is well-positioned to leverage opportunities for growth and profitability.

Diana Shipping reports resilient Q2 earnings amidst market challenges

Diana Shipping's Q2 2023 performance reflects resilience and operational strength amid market challenges, supported by strategic financial decisions and revenue visibility.
The company's dividend declaration, bond repurchase, and liquidity position underscore a commitment to shareholder value and financial stability.
While facing industry challenges and uncertainties, Diana Shipping remains positioned to leverage opportunities in securing profitable charters and optimizing its financial performance.

Diana Shipping reports profitable Q3, eyes growth amid market challenges

Diana Shipping's Q3 2023 performance was strong, with profitable results and a focus on securing revenue. The company faces challenges related to debt and market uncertainties but has opportunities for growth through strategic initiatives.
With a fleet of 42 vessels and high utilization rates, Diana Shipping aims to modernize its fleet and generate positive cash flows. The company's financial position remains stable with no debt maturities until 2026.

Diana Shipping reports resilient performance and strategic growth opportunities

Diana Shipping's Q4 2023 performance reflects resilience, operational efficiency, and strategic foresight amidst market challenges.
Strengths include dividend declaration, fleet enhancements, and industry recognition, bolstering shareholder confidence and market positioning.
Challenges lie in market uncertainties and debt management, while opportunities in chartering and sustainability offer avenues for growth and differentiation.

Diana Shipping excels in Q1 2024, eyes sustainable growth

Diana Shipping's strong Q1 2024 performance, strategic fleet management, and financial stability position the company for continued success.
While challenges like high long-term debt exist, opportunities in fleet expansion, sustainability efforts, and market monitoring offer avenues for growth.
By balancing operational efficiency, financial prudence, and strategic growth initiatives, Diana Shipping aims to navigate industry dynamics and deliver value to stakeholders.

Diana Shipping maintains operational resilience amidst market challenges in Q2

Diana Shipping's Q2 2024 performance reflects operational resilience with a focus on fleet efficiency and financial stability. The company faces challenges from market volatility and operational metrics decline but maintains a strong position with high fleet utilization and ESG commitments.
Key strengths include ESG initiatives, stakeholder relationships, and financial prudence. Opportunities lie in leveraging market developments, exploring new segments, and embracing technology for growth. Strategic focus on balance sheet strength and shareholder value creation underpins the company's long-term strategy.
Navigating challenges in the dry bulk carrier market, Diana Shipping remains proactive in addressing operational and market uncertainties. The company's commitment to ESG standards and modernization efforts align with industry trends, positioning it for sustainable growth. Opportunities for expansion and innovation offer avenues for future success.

Diana Shipping reports mixed Q3 performance, emphasizes financial stability and ESG

Diana Shipping's Q3 2024 earnings call highlighted a mixed performance across vessel segments, with a strong focus on maintaining financial stability and advancing ESG goals. Despite revenue challenges, the company's strategic chartering activities and dividend declaration reflect a balanced approach to navigating market conditions.

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ATHENS, Greece, Nov. 17, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that the distribution date for the previously announced spin-off of its wholly-owned subsidiary, OceanPal Inc., has been extended. The new distribution date, to be announced in a separate press release, is expected to occur as soon as practicable following the effectiveness of the OceanPal Inc. registration statement under the Securities Exchange Act of 1934 on Form 20-F filed with the U.S. Securities and Exchange Commission (the “Registration Statement”). The Company expects the spin-off transaction to be consummated in approximately two weeks on the same terms and conditions as previously announced in the Company's press release dated October 26, 2021 and in the Registration Statement, which has not yet become effective. The record date of the OceanPal Inc. spin-off will not change.

Diana Shipping Inc. Announces Extension of Distribution Date for Previously Announced OceanPal Inc. Spin-Off

Diana Shipping (NYSE:DSX) is set to give its latest quarterly earnings report on Wednesday, 2021-11-17. Here's what investors need to know before the announcement.

Diana Shipping's Earnings Outlook

Diana Shipping (DSX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Diana Shipping (DSX) Ahead of Earnings?

Diana Shipping Inc (NYSE: DSX), through its subsidiary, has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Kamsarmax dry bulk vessels, the m/v Myrsini.

Diana Shipping Enters Time Charter Contract With Cargill For M/V Myrsini

ATHENS, Greece, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that in connection with the previously announced spin-off of its wholly-owned subsidiary OceanPal Inc., the Company has changed the anticipated distribution date from November 9, 2021 to November 17, 2021 due to procedural delays. The Company does not expect there to be any other changes to the terms of the spin-off transaction previously announced in the Company's press release dated October 26, 2021 and in the OceanPal Inc. registration statement on Form 20-F filed with the US Securities and Exchange Commission, which has not yet become effective. The record date of the OceanPal Inc. spin-off will not change. Additionally, there has been no change to the previously announced payment date of November 10, 2021 of a cash dividend in the amount of US$0.10 per Diana Shipping Inc. common share to shareholders of record as of November 3, 2021.

Diana Shipping Inc. Announces New Distribution Date for Previously Announced OceanPal Inc. Spin-Off and Confirms Payment Date of US$0.10 Cash Dividend

ATHENS, Greece, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Kamsarmax dry bulk vessels, the m/v Myrsini. The gross charter rate is US$22,000 per day, minus a 4.75% commission paid to third parties, for a period until minimum December 1, 2022 up to maximum January 31, 2023. The charter is expected to commence on November 14, 2021.

Diana Shipping Inc. Announces Time Charter Contract for m/v Myrsini With Cargill

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Diana Shipping (DSX) has been struggling lately, but the selling pressure may be coming to an end soon.

Diana Shipping (DSX) Sees Hammer Chart Pattern: Time to Buy?

ATHENS, Greece, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has received approval, subject to official notice of issuance, for the listing of the common shares of OceanPal Inc. on the Nasdaq Capital Market under the ticker symbol “OP”. As the Company previously announced on October 19, 2021, the Company will effect a spin-off of 100% of the common shares of its wholly-owned subsidiary, OceanPal Inc., to Diana Shipping Inc.'s existing shareholders as of the record date set forth herein. OceanPal Inc. will act as the holding company for three of the Company's older dry bulk vessels.

Diana Shipping Inc. Announces Approval for Listing of OceanPal Inc. on Nasdaq Capital Market and Revised Record Date for OceanPal Inc. Spin-Off and US$0.10 Cash Dividend

After losing some value lately, a hammer chart pattern has been formed for Diana Shipping (DSX), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.

Here's Why Diana Shipping (DSX) Looks Ripe for Bottom Fishing

Leading dry bulk carrier announces $0.10 cash dividend and surprise spin-off of three vintage vessels into a new, spot market-focused company named OceanPal.

Diana Shipping - Discussing Proposed OceanPal Spin-Off

F to effect a spin-off of a whollyowned subsidiary named as OceanPal Inc (“OP”) that owns three of the Company's older dry bulk vessels.

Diana Shipping Likely To Spin-Off OceanPal (“OP”) On November 9

ATHENS, Greece, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a wholly-owned subsidiary, it has filed a registration statement on Form 20-F pursuant to the Securities Exchange Act of 1934 to effect a spin-off of three of the Company's older dry bulk vessels. OceanPal Inc., the newly formed subsidiary that will act as the holding company for the three dry bulk vessels, has applied to have its common shares listed on the Nasdaq Capital Market.

Diana Shipping Inc. Announces Filing of Draft Registration Statement Relating to Proposed Spin-Off of Three Dry Bulk Vessels and Declaration of Cash Dividend

ATHENS, Greece, Oct. 15, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that its financial results for the third quarter ended September 30, 2021 are scheduled to be released before the opening of the U.S. financial markets on Wednesday, November 17, 2021.

Diana Shipping Inc. Announces the Date for the 2021 Third Quarter Financial Results, Conference Call and Webcast

ATHENS, Greece, Oct. 15, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announced today the release of its Environmental, Social and Governance Report (the “ESG Report”), for the year ended December 31, 2020. The ESG Report provides an overview of the Company's policies relating to environmental, social and governance commitments of the Company. The ESG Report is available on the Company's website at www.dianashippinginc.com .

Diana Shipping Inc. Announces Release of Its 2020 Environmental, Social and Governance Report

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Diana Shipping Inc (NYSE: DSX) has entered into a time charter contract with Olam International Limited, Singapore, for one of its Capesize dry bulk vessels, the m/v Baltimore.  The gross charter rate is $56,000 per day, minus a 4.75% commission paid to third parties for a time charter trip duration of about ninety (90) days.

Diana Shipping Enters Time Charter Contract For M/V Baltimore With Olam International

The stock price of Diana Shipping Inc (NYSE: DSX) increased by over 3% during intraday trading today. This is why it happened.

DSX Stock Price: Why It Increased Today

ATHENS, Greece, Oct. 01, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Olam International Limited, Singapore, for one of its Capesize dry bulk vessels, the m/v Baltimore. The gross charter rate is US$56,000 per day, minus a 4.75% commission paid to third parties, for a time charter trip duration of about ninety (90) days. The charter commenced retroactively as of September 28, 2021. The m/v Baltimore was chartered, as previously announced, to Koch Shipping Pte. Ltd., Singapore, at a gross charter rate of US$13,000 per day, minus a 5% commission paid to third parties.

Diana Shipping Inc. Announces Time Charter Contract for m/v Baltimore With Olam

ATHENS, Greece, Sept. 28, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Aquavita International S.A., for one of its Ice Class Panamax dry bulk vessels, the m/v Atalandi. The gross charter rate is US$24,500 per day, minus a 4.75% commission paid to third parties, for a period until minimum February 15, 2023 up to maximum April 30, 2023. The charter is expected to commence on October 3, 2021. The m/v Atalandi is currently chartered, as previously announced, to Uniper Global Commodities SE, Düsseldorf, at a gross charter rate of US$9,300 per day, minus a 5% commission paid to third parties.

Diana Shipping Inc. Announces Time Charter Contracts for m/v Atalandi and m/v Leto With Aquavita

Diana Shipping Inc (NYSE: DSX) has entered into a time charter contract with ASL Bulk Shipping HK Limited for one of its Panamax dry bulk vessels, the m/v Maera. The charter commenced on September 18, 2021.

Diana Shipping Enters Time Charter Contract With ASL For M/V Maera

ATHENS, Greece, Sept. 20, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with ASL Bulk Shipping HK Limited, for one of its Panamax dry bulk vessels, the m/v Maera. The gross charter rate is US$26,000 per day, minus a 5% commission paid to third parties, for a period until minimum October 1, 2022 up to maximum December 15, 2022. The charter commenced on September 18, 2021. The m/v Maera was chartered, as previously announced, to Ausca Shipping Limited, Hong Kong, at a gross charter rate of US$8,600 per day, minus a 5% commission paid to third parties.

Diana Shipping Inc. Announces Time Charter Contract for m/v Maera With ASL

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Diana Shipping Inc (NYSE: DSX) has entered into a time charter contract with BG Shipping Co., Limited, Hong Kong, for one of its Post-Panamax dry bulk vessels, the m/v Amphitrite.  The gross charter rate is $27 thousand per day, minus a 5% commission paid to third parties, for a period until a minimum of October 15, 2022, up to a maximum of December 15, 2022.

Diana Shipping Enters Time Charter Contract For M/V Amphitrite

ATHENS, Greece, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with BG Shipping Co., Limited, Hong Kong, for one of its Post-Panamax dry bulk vessels, the m/v Amphitrite. The gross charter rate is US$27,000 per day, minus a 5% commission paid to third parties, for a period until minimum October 15, 2022 up to maximum December 15, 2022. The charter commenced earlier today.

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