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 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.
Diana Shipping Inc. (NYSE: DSX) has secured a new time charter contract through its subsidiary with Cargill International SA for the Panamax vessel m/v Leto. The contract specifies a gross charter rate of $12,750 per day, with a 4.75% third-party commission, running from March 31, 2025, until minimum July 16, 2026, with possible extension to September 16, 2026.
The charter is expected to generate approximately $5.93 million in gross revenue for the minimum scheduled period. The Leto, built in 2010, is an 81,297 dwt Panamax dry bulk vessel.
Diana Shipping's fleet comprises 37 dry bulk vessels with a combined capacity of 4.1 million dwt and an average age of 11.40 years. Additionally, the company anticipates delivery of two methanol dual fuel Kamsarmax vessels by 2H 2027 and 1H 2028.
Diana Shipping Inc. (NYSE: DSX), a global shipping company focused on dry bulk vessels ownership and bareboat charter-in, has announced the filing of its 2024 Annual Report on Form 20-F with the United States Securities and Exchange Commission.
The Annual Report, which includes the company's 2024 audited financial statements, is now available for download on the company's website. Shareholders can request a free hard copy of the complete Annual Report.
Diana Shipping Inc. (NYSE: DSX) has announced a strategic partnership with Ecogas Holding AS, acquiring an 80% equity stake in a joint venture for the construction of two 7,500 cbm semi-refrigerated LPG newbuildings. The deal includes an option for two additional vessels.
The first vessel is scheduled for delivery in Q1 2027, with the second vessel following in Q4 2027. Currently, DSX operates a fleet of 37 dry bulk vessels with a combined carrying capacity of 4.1 million dwt and an average age of 11.39 years. The fleet composition includes:
- 4 Newcastlemax
- 8 Capesize
- 4 Post-Panamax
- 6 Kamsarmax
- 6 Panamax
- 9 Ultramax vessels
Additionally, the company expects delivery of two methanol dual fuel new-building Kamsarmax dry bulk vessels by H2 2027 and H1 2028.
Diana Shipping Inc. (NYSE: DSX) has secured a new time charter contract for its Ultramax vessel m/v DSI Andromeda with Cargill Ocean Transportation. The contract features a gross charter rate of $14,000 per day (minus 4.75% third-party commission), running from March 29, 2025, until minimum November 15, 2025, up to January 15, 2026.
The vessel, currently chartered to Bunge SA at $13,500 per day, is expected to generate approximately $3.18 million in gross revenue for the minimum scheduled period. The DSI Andromeda is a 60,309 dwt Ultramax dry bulk vessel built in 2016.
Diana Shipping's fleet comprises 37 dry bulk vessels with a combined carrying capacity of 4.1 million dwt and an average age of 11.39 years. The company anticipates delivery of two methanol dual fuel Kamsarmax vessels by 2027-2028.
Diana Shipping Inc. (NYSE: DSX) has secured a new time charter contract through its subsidiary with Cargill International SA for the m/v Medusa, a Kamsarmax dry bulk vessel. The charter will commence on March 15, 2025, at a gross rate of $13,000 per day (minus 4.75% third-party commission) until minimum May 15, 2026, up to July 15, 2026.
The 82,194 dwt vessel, built in 2010, is expected to generate approximately $5.46 million in gross revenue for the minimum scheduled period. Following the sale of m/v Alcmene, Diana's fleet will comprise 37 dry bulk vessels with a combined capacity of 4.2 million dwt and an average age of 11.45 years. Additionally, the company anticipates delivery of two methanol dual fuel Kamsarmax vessels by 2H 2027 and 1H 2028.
Diana Shipping Inc. (NYSE: DSX) has reported its financial results for Q4 and full-year 2024. The company posted a net income of $9.7 million for Q4 2024, with $8.3 million attributed to common stockholders, compared to $9.4 million and $7.9 million respectively in Q4 2023.
Q4 earnings per share were $0.07 basic and $0.02 diluted, while time charter revenues decreased to $57.1 million from $60.0 million in the same period last year due to decreased ownership days.
For the full year 2024, Diana Shipping reported:
- Net income of $12.7 million (down from $49.8 million in 2023)
- Net income attributed to common stockholders of $7.0 million (down from $44.1 million)
- Time charter revenues of $228.2 million (down from $262.1 million)
- Earnings per share of $0.06 basic and $0.05 diluted
The company declared a cash dividend of $0.01 per share for Q4 2024, payable on March 21, 2025, to shareholders of record as of March 12, 2025.
Diana Shipping Inc. (NYSE: DSX) has secured a new time charter contract with Cargill International SA for its Kamsarmax vessel, m/v Myrsini. The contract specifies a gross charter rate of $13,000 per day (minus 4.75% third-party commission) from February 28, 2025, until minimum January 1, 2026, with possible extension to February 28, 2026.
The charter is expected to generate approximately $3.95 million in gross revenue for the minimum scheduled period. The Myrsini is an 82,117 dwt vessel built in 2010. Following the sale of m/v Alcmene, Diana's fleet will comprise 37 dry bulk vessels with a combined capacity of 4.2 million dwt and an average age of 11.39 years. The company also anticipates delivery of two methanol dual fuel Kamsarmax vessels by 2027-2028.
Diana Shipping (NYSE: DSX), a global shipping company focused on dry bulk vessel ownership and bareboat charter-in, has scheduled its Q4 and full-year 2024 financial results release for February 25, 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 the company's website at www.dianashippinginc.com, where an investor presentation will also be available. For those preferring telephone access, U.S. callers can dial 1-877-407-8291, while international callers should use 1-201-689-8345. Both the webcast replay and telephone replay (Replay ID: 13751556) will be available for 30 days after the call.
