Welcome to our dedicated page for Diana Shipping news (Ticker: DSX), a resource for investors and traders seeking the latest updates and insights on Diana Shipping stock.
Diana Shipping Inc (NYSE: DSX) is a leading provider of dry bulk maritime transportation services, specializing in global commodity shipping through its diversified fleet. This news hub offers investors and industry professionals centralized access to official corporate announcements and market-relevant updates.
Track DSX's latest time charter agreements, fleet expansion initiatives, and operational developments through verified press releases. Our curated news collection provides insights into dry bulk market trends, vessel utilization strategies, and the company's position within global maritime logistics.
Key updates include earnings reports, charter rate adjustments, environmental compliance initiatives, and strategic partnerships. The content is organized to help stakeholders monitor DSX's operational performance and understand broader industry dynamics affecting dry bulk shipping markets.
Bookmark this page for direct access to DSX's official communications and analysis of critical developments in maritime transportation. Regular updates ensure you maintain current awareness of company activities and shipping industry trends without time-sensitive speculation.
Diana Shipping Inc. (NYSE: DSX) has announced a significant financial decision on April 12, 2023. The company signed a term loan facility with Danish Ship Finance A/S, securing up to US$100 million with a maturity date set for April 2028. The drawdown of this amount was finalized on April 19, 2023, and is guaranteed by nine vessels. This financing will refinance existing loans totaling approximately US$87 million from BNP Paribas and DNB Bank ASA.
Diana Shipping's fleet currently consists of 42 dry bulk vessels with a combined carrying capacity of 4.7 million dwt and a weighted average age of 10 years. The funds may also cover transaction costs and general corporate purposes.
Diana Shipping Inc. (NYSE: DSX) announced its 2023 Annual Meeting of Shareholders will occur on May 23, 2023, at 8:00 a.m. Eastern Time in a virtual format. Shareholders of record as of April 3, 2023, can attend by following instructions in the Notice of Annual Meeting and proxy statement available through the SEC and the company's official website. Diana Shipping specializes in shipping transportation services, focusing on the ownership and bareboat charter-in of dry bulk vessels, with operations primarily involving iron ore, coal, grain, and other materials.
Diana Shipping Inc. (NYSE: DSX) announced a new time charter contract for its Post-Panamax vessel, the m/v Electra, with Cobelfret S.A. The charter, commencing imminently, will last from a minimum of June 1, 2024, to a maximum of August 1, 2024, at a gross rate of $14,500 per day, yielding approximately $5.93 million in gross revenue over the minimum period. The Electra, built in 2013, adds to Diana Shipping's fleet of 42 vessels with a combined carrying capacity of around 4.7 million dwt. This contract is a significant boost to the company's revenue generation strategy in the dry bulk shipping market.