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 global shipping company in the deep sea freight transportation industry, specializing in the ownership and bareboat charter-in of dry bulk vessels. Its vessels are employed primarily on short to medium-term time charters and transport dry bulk cargoes such as iron ore, coal, grain and other materials along worldwide shipping routes. This news page focuses on company announcements and regulatory disclosures that relate to these activities.
Visitors to this DSX news section can review press releases on new and renewed time charter contracts for specific vessels across Diana Shipping’s Newcastlemax, Capesize, Post-Panamax, Kamsarmax, Panamax and Ultramax fleet. The company regularly reports charter rates, charter durations, counterparties and anticipated gross revenues for these contracts, providing insight into fleet employment and utilization.
The news feed also includes fleet and asset updates, such as Memoranda of Agreement for vessel sales and changes to previously announced sale transactions. In addition, Diana Shipping publishes financial results for defined reporting periods, including time charter revenues, net income, fleet data and non-GAAP metrics such as time charter equivalent (TCE) rates and daily vessel operating expenses.
Another category of DSX news involves corporate and strategic developments, for example proposals to acquire remaining shares of another dry bulk shipping company and related communications, as well as announcements about officer resignations and appointments approved by the Board of Directors. Investors and analysts who follow the dry bulk shipping market can use this page to monitor Diana Shipping’s chartering activity, fleet composition, financial performance communications and corporate actions over time.
Diana Shipping (NYSE: DSX) nominated six director candidates for election to the board of Genco Shipping & Trading (NYSE: GNK) and announced a non-binding all-cash proposal to acquire remaining GNK shares for $20.60 per share. Diana said it owns approximately 14.8% of GNK and that its offer is supported by a financing letter from two shipping banks. Diana argues the current GNK board refused to engage for more than six weeks and seeks board change to ensure its proposal and other strategic alternatives receive objective consideration.
Diana Shipping (NYSE: DSX) said on Jan. 13, 2026 it received a letter from the Genco Board rejecting Diana’s non-binding proposal to buy the outstanding Genco shares for $20.60 per share in cash. Diana owns approximately 14.8% of Genco (NYSE: GNK) and says the offer represented a 23% premium to 30‑ and 90‑day VWAP ending Nov. 21, 2025 and a 15% premium to the Nov. 21, 2025 close. Diana says its offer is backed by committed financing letters from DNB Bank and Nordea Bank for up to $1,102,000,000. Diana criticizes Genco for rejecting the proposal after more than six weeks without engagement and says Genco’s alternate idea to acquire Diana lacked pricing or financial terms. Diana’s board is reviewing options.
Diana Shipping (NYSE: DSX) announced a time charter with Bunge SA for the Ultramax vessel m/v DSI Altair. The gross rate is US$14,750/day less a 5.00% commission, for a period from about Jan 17, 2026 with minimum employment through Jan 15, 2027 and up to Mar 30, 2027. The minimum scheduled period is expected to generate approximately US$5.30 million of gross revenue. DSI Altair is a 60,309 dwt Ultramax built in 2016. Diana Shipping currently operates 36 dry bulk vessels with combined capacity ~4.1 million dwt and weighted average age 12.14 years, and expects two methanol dual fuel Kamsarmax deliveries in H2 2027 and H1 2028.
Diana Shipping (NYSE: DSX) entered a time charter for the Kamsarmax m/v Maia with Paralos Shipping at a gross rate of US$14,000/day (less a 5.00% commission) for a period commencing ~January 13, 2026 and running until a minimum of July 5, 2027 and a maximum of September 5, 2027. The vessel was previously chartered at US$11,600/day (less 5.00% commission). The employment is expected to generate approximately US$7.45 million of gross revenue for the minimum scheduled period. Diana Shipping's fleet currently totals 36 dry bulk vessels and combined carrying capacity of ~4.1 million dwt (weighted average age 12.13 years), and the company expects delivery of two methanol dual fuel Kamsarmax newbuilds in H2 2027 and H1 2028.
Diana Shipping (NYSE: DSX) entered a time charter with Paralos Shipping for the Kamsarmax m/v Myrsini at a gross rate of US$13,500/day minus a 5.00% commission, for a period from expected commencement January 1, 2026 to a minimum of December 20, 2026 and a maximum of February 20, 2027. The employment is expected to generate approximately US$4.71 million of gross revenue for the minimum period. The Myrsini is an 82,117 dwt Kamsarmax built in 2010 and was previously chartered at US$13,000/day minus 4.75% commission. Diana Shipping's fleet totals 36 vessels with combined capacity ~4.1 million dwt and weighted average age 12.07 years, excluding two newbuild Kamsarmax deliveries in 2H 2027 and 1H 2028.
Diana Shipping (NYSE: DSX) entered a time charter with Glencore Freight Pte. Ltd. for the Capesize m/v P. S. Palios, a 179,134 dwt vessel built in 2013.
The gross charter rate is US$25,200 per day less a 5.00% commission, for a period from expected commencement on Dec 14, 2025 until a minimum of Nov 15, 2026 and a maximum of Jan 15, 2027. The minimum scheduled period is expected to generate approximately US$8.34 million of gross revenue.
As of Dec 5, 2025 the company reports a fleet of 36 dry bulk vessels and combined carrying capacity of ~4.1 million dwt (weighted average age 12.03 years); two methanol dual fuel Kamsarmax newbuilds are expected by H2 2027 and H1 2028.
Diana Shipping (NYSE: DSX) announced two separate time charter contracts for its Ultramax vessels m/v DSI Pollux and m/v DSI Andromeda, with Stone Shipping and Western Bulk respectively.
The DSI Pollux will commence ~Dec 8, 2025 at a gross rate of US$14,750/day (minus 5% commission) for a period through at least Jan 1, 2027 up to Feb 28, 2027. The DSI Andromeda will commence ~Dec 7, 2025 at a gross rate of US$14,600/day (minus 5% commission) for a period through at least Apr 1, 2027 up to May 31, 2027.
Both employments are expected to generate approximately US$12.60 million of gross revenue for the minimum scheduled charter periods. Diana Shipping’s fleet stands at 36 vessels with combined capacity ~4.1 million dwt and a weighted average age of 12.03 years.
Diana Shipping (NYSE: DSX) submitted a proposal on November 24, 2025 to acquire all outstanding shares of Genco Shipping & Trading (NYSE: GNK) that Diana does not already own for $20.60 per share in cash. Diana currently holds approximately 14.8% of Genco.
The proposed price equals a 15% premium to GNK's closing price on November 21, 2025, a 21% premium to the July 17, 2025 closing price, and a 23% premium to the 30-day and 90-day VWAPs ending November 21, 2025; it is also reported as in-line with GNK's 10-year high. Diana said it would finance the transaction via a new acquisition facility and may selectively divest assets after a potential deal. The proposal is a non-binding expression of interest and a copy was filed as an amendment to Diana's Schedule 13D.
Diana Shipping (NYSE: DSX) announced a time charter for the Capesize m/v Seattle at a gross rate of US$24,500/day (minus 5.00% commission), for a period from about Nov 26, 2025 until a minimum of May 1, 2027 and maximum of Jun 30, 2027. The employment is expected to generate approximately US$12.62 million of gross revenue for the minimum scheduled period.
The company also signed a memorandum of agreement to sell the 2016-built Ultramax m/v DSI Drammen for approximately US$26.40 million before commissions, with delivery to buyer by Mar 31, 2026. Diana Shipping reports a fleet of 36 dry bulk vessels and combined carrying capacity of about 4.1 million dwt (excluding DSI Drammen and two undelivered vessels), and a weighted average fleet age of 11.99 years. Two methanol dual fuel Kamsarmax newbuilds are expected by 2H 2027 and 1H 2028.
Diana Shipping (NYSE: DSX) reported Q3 2025 net income $7.2M and net income attributable to common stockholders of $5.7M, versus $3.7M and $2.3M in Q3 2024. Q3 EPS was $0.05 basic and diluted. Nine‑month net income was $14.7M with net income attributable to common of $10.4M, versus a nine‑month net income of $3.0M and net loss to common of $1.3M in 2024. Time charter revenues were $51.9M for Q3 and $161.5M for nine months; declines were attributed to vessel sales.
The board declared a cash dividend of $0.01 per share, payable Dec 17, 2025, to shareholders of record Dec 8, 2025. Shares outstanding totaled 115,781,752 as of Nov 18, 2025.
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