Diana Shipping Inc Stock Price, News & Analysis

Diana Shipping Inc. (NYSE: DSX) has secured a time charter contract with Stone Shipping Ltd for its Ice Class Panamax vessel m/v Atalandi. The contract features a tiered rate structure: US$9,000 per day for the first 35 days and US$10,100 per day thereafter, minus 5% commission. The charter period spans from June 9, 2025, to minimum June 15, 2026, with potential extension until August 15, 2026. The 77,529 dwt vessel, built in 2014, is expected to generate approximately US$3.62 million in gross revenue during the minimum charter period. Diana Shipping's fleet comprises 37 dry bulk vessels with a total capacity of 4.1 million dwt and an average age of 11.60 years. The company anticipates delivery of two methanol dual fuel Kamsarmax vessels by 2028.

Diana Shipping Inc. (NYSE: DSX) has secured a new time charter contract for its Newcastlemax dry bulk vessel m/v Newport News with Bohai Ocean Shipping. The vessel will earn a gross charter rate of $25,000 per day (5% commission to third parties) from June 14, 2025, until minimum September 1, 2026. This represents a 25% rate increase from its current charter with Nippon Yusen at $20,000 per day. The Newport News, a 208,021 dwt vessel built in 2017, is expected to generate approximately $10.95 million in gross revenue during the minimum charter period. Diana Shipping's fleet comprises 37 dry bulk vessels with a total capacity of 4.1 million dwt and an average age of 11.59 years. The company also has two methanol dual fuel Kamsarmax vessels on order for delivery in 2027-2028.

Diana Shipping Inc. (NYSE: DSX), a global dry bulk vessel shipping company, held its Annual Meeting of Shareholders virtually on May 28, 2025. Shareholders approved three key proposals: (1) the election of three Class II Directors who will serve until 2028, (2) the appointment of Deloitte Certified Public Accountants S.A. as independent auditors for fiscal year 2025, and (3) an amendment to the Company's Articles of Incorporation authorizing the Board to implement one or more reverse stock splits at a ratio not exceeding 1-for-100, with the exact ratio to be determined by the Board.

Diana Shipping Inc. (NYSE: DSX) reported its Q1 2025 financial results with a net income of $3.0 million, up from $2.1 million in Q1 2024. Net income attributed to common stockholders was $1.6 million, compared to $0.6 million in Q1 2024. Time charter revenues decreased to $54.9 million from $57.6 million year-over-year, primarily due to reduced ownership days, partially offset by higher charter rates and fleet utilization. The company declared a quarterly cash dividend of $0.01 per share, payable on June 24, 2025, to shareholders of record as of June 17, 2025. The fleet consists of 37 vessels, with an average age of 11.4 years, achieving a strong fleet utilization rate of 99.6%. The Time Charter Equivalent (TCE) rate improved to $15,739 from $15,051 in the previous year.

Diana Shipping Inc. (NYSE: DSX) has secured two new time charter contracts for its vessels. The Newcastlemax vessel m/v Philadelphia (206,040 dwt) will be chartered to Refined Success Limited at $21,500 per day from May 29, 2025, until June-August 2026. The Post-Panamax vessel m/v Phaidra (87,146 dwt) will be chartered to SwissMarine at $9,750 per day from May 31, 2025, until January-February 2026.

These contracts are expected to generate approximately $10.03 million in gross revenue. Diana Shipping's fleet comprises 37 dry bulk vessels with a combined capacity of 4.1 million dwt and an average age of 11.57 years. The company also anticipates delivery of two methanol dual fuel Kamsarmax vessels by 2028.

Diana Shipping Inc. (NYSE: DSX), a global dry bulk vessel shipping company, has scheduled to release its first quarter 2025 financial results on Thursday, May 29, 2025, before U.S. markets open. The company will host a conference call and webcast at 9:00 A.M. Eastern Time on the same day to discuss the results.

Investors can access the webcast through Diana Shipping's website at www.dianashippinginc.com. The conference call can be joined by dialing 1-877-407-8291 (U.S.) or 1-201-689-8345 (international). Both the webcast replay and telephone replay will be available for 30 days, with the telephone replay accessible via 1-877-660-6853 (U.S.) or 1-201-612-7415 (international) using Replay ID 13753904.

Diana Shipping (NYSE: DSX), a global shipping company focused on dry bulk vessel ownership and bareboat charter-in services, has announced its upcoming 2025 Annual Meeting of Shareholders.

The virtual meeting is scheduled for May 28, 2025, at 8:00 a.m. Eastern Time. Shareholders recorded as of April 21, 2025, are eligible to attend the virtual event.

Interested shareholders can access meeting instructions through:

• The SEC website (https://www.sec.gov/edgar/browse/?CIK=1318885&owner=exclude)
• Diana Shipping's official website (www.dianashippinginc.com)

Meeting details and proxy information are available in the Notice of Annual Meeting of Shareholders and accompanying proxy statement.

Diana Shipping Inc. (NYSE: DSX) has secured a new time charter contract for its Panamax vessel m/v Ismene through a wholly-owned subsidiary. The agreement with China Resource Chartering Pte. sets a gross charter rate of $11,000 per day (minus 5% third-party commission) from April 26, 2025, until minimum March 20, 2026, up to maximum May 20, 2026.

The charter is expected to generate approximately $3.54 million in gross revenue for the minimum scheduled period. The Ismene is a 77,901 dwt Panamax dry bulk vessel built in 2013.

Diana Shipping's current fleet comprises 37 dry bulk vessels with a combined carrying capacity of 4.1 million dwt and an average age of 11.46 years. The company anticipates delivery of two methanol dual fuel Kamsarmax vessels by second half 2027 and first half 2028.

Diana Shipping (NYSE: DSX) is set to celebrate its 20th anniversary as a NYSE-listed company on April 1st, 2025, with CEO Semiramis Paliou and the executive team ringing the Closing Bell.

The global dry bulk shipping company will mark this milestone with an investor meeting at the NYSE prior to the Closing Bell ceremony. The investor presentation will be accessible on the company's website.

CEO Paliou emphasized the significance of this achievement, highlighting the company's evolution into a leading player in the dry bulk shipping sector and expressing gratitude for stakeholder trust over the past two decades. She reinforced the company's commitment to continued growth and development in the industry.