Diana Shipping (DSX) Announces MOA to Sell Ultramax m/v DSI Drammen

Rhea-AI Filing Summary

Diana Shipping Inc. announced that, through a limited partnership, it has entered into a Memorandum of Agreement to sell the 2016-built Ultramax dry bulk vessel m/v DSI Drammen to an unaffiliated third party. The report incorporates a press release by reference into the company's registration statements.

The disclosure is a straightforward notice of a vessel sale agreement; no sale price, closing timeline or other commercial terms are provided in the filing.

Positive

• Company disclosed a Memorandum of Agreement to sell the 2016-built Ultramax m/v DSI Drammen
• Sale arranged through a limited partnership to an unaffiliated third party

Negative

• None.

Insights

Shipping Industry Analyst

TL;DR: Diana Shipping reported a vessel sale agreement for a 2016-built Ultramax, disclosed via a press release incorporated into its Form 6-K.

The filing confirms a Memorandum of Agreement for the sale of the m/v DSI Drammen executed through a limited partnership and to an unaffiliated buyer. The disclosure is concise and procedural: it notifies stakeholders of a divestment step without providing commercial terms, timing for closing, or impact on fleet size and cash proceeds. From a sector perspective, single-vessel sales are routine corporate actions; materiality depends on price and fleet context, which are not disclosed here.

Corporate Governance Expert

TL;DR: The company properly disclosed a transaction via Form 6-K but provided only high-level transaction notice without substantive terms.

The report fulfills disclosure obligations by incorporating a press release and stating that the sale is being executed through a limited partnership to an unaffiliated third party. Absent contract value, expected closing date, or related-party considerations, investors and governance stakeholders cannot assess financial or governance implications from this filing alone. Additional filings or statements would be needed to evaluate material impact on the company.

FAQ

What did Diana Shipping (DSX) announce in this Form 6-K?

The company announced that, through a limited partnership, it entered into a Memorandum of Agreement to sell the 2016-built Ultramax m/v DSI Drammen to an unaffiliated third party.

Does the filing disclose the sale price or closing date for the m/v DSI Drammen?

No. The Form 6-K states the existence of the Memorandum of Agreement but does not provide the sale price, closing timeline, or other commercial terms.

Was the buyer related to Diana Shipping?

The filing specifies the buyer is an unaffiliated third party, indicating no related-party buyer is identified in this disclosure.

How was the sale structured according to the filing?

The sale was arranged through a limited partnership, as stated in the press release incorporated into the Form 6-K.

Is additional information available in the filing about financial impact?

No. The report does not include financial details, proceeds, or estimates of the transaction's impact on Diana Shipping's finances.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 09/19/2025 - 05:21 PM Learn about SEC filing dates

FORM 6-K

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16

OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2025

Commission File Number: 001-32458

DIANA SHIPPING INC.

(Translation of registrant's name into English)

Pendelis 16, 175 64 Palaio Faliro, Athens, Greece

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F [X] Form 40-F [ ]

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

Attached to this Report on Form 6-K as Exhibit 99.1 is a press release dated September 18, 2025, of Diana Shipping Inc. (the "Company"), announcing that, through a limited partnership, a Memorandum of Agreement to sell to an unaffiliated third party, the 2016-built Ultramax dry bulk vessel m/v DSI Drammen.

The information contained in this Report on Form 6-K is hereby incorporated by reference into the Company's registration statements on Form F-3 (File Nos. 333-266999 and 333-280693) that were filed with the U.S. Securities and Exchange Commission and became effective on September 16, 2022, and September 9, 2024, respectively.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	DIANA SHIPPING INC.
	(registrant)
Dated: September 19, 2025	By:	/s/ Anastasios Margaronis
		Anastasios Margaronis
		President