Diana Shipping, Inc. - DSX STOCK NEWS

Diana Shipping Inc. (NYSE:DSX) held its Annual Meeting of Shareholders on May 18, 2022, in a virtual format. Key proposals were approved, including the election of Konstantinos Psaltis, Kyriacos Riris, and Simon Morecroft as Class II Directors until the 2025 Annual Meeting. Ernst & Young (Hellas) Certified Auditors Accountants S.A. was appointed as the independent auditors for the fiscal year ending December 31, 2022. The Company specializes in dry bulk vessel transportation, focusing on short to medium-term charters.

Diana Shipping Inc. (NYSE: DSX) announced a time charter contract with Hyundai Glovis Co. Ltd. for its Kamsarmax dry bulk vessel, m/v Maia. The charter, starting on May 23, 2022, will run from a minimum of September 20, 2023, to a maximum of November 20, 2023, at a gross rate of $25,000 per day, generating approximately $13.43 million in gross revenue. The fleet consists of 35 vessels, with a total capacity of around 4.5 million dwt and an average age of 10.30 years. Diana Shipping focuses on short- to medium-term charters for dry bulk cargo transportation.

Diana Shipping Inc. (NYSE: DSX) announced that it will release its first quarter financial results for 2022 before the U.S. markets open on May 24, 2022. This announcement includes a conference call at 9:00 A.M. Eastern Time on the same day to discuss the results. Investors can participate by visiting the company's website for a webcast or by phone. A replay of the call will also be available for 30 days post-event. Diana Shipping specializes in dry bulk vessel ownership and chartering, supporting a wide range of global shipping needs.

Diana Shipping Inc. (NYSE: DSX) has filed its 2021 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission. The report includes audited financial statements and is available for download on the company's website. Shareholders can request a hard copy of the complete report for free. Diana Shipping is known for its ownership and bareboat charter-in of dry bulk vessels, primarily operating on short to medium-term charters to transport various commodities like iron ore, coal, and grain globally.

Diana Shipping Inc. (NYSE: DSX) announced a time charter contract with C Transport Maritime Ltd. for its Newcastlemax vessel, the m/v Philadelphia. The charter rate is set at US$26,000 per day, generating an estimated US$16.87 million in gross revenue for the contract's minimum duration until February 1, 2024. Diana Shipping's fleet comprises 35 dry bulk vessels with a total capacity of approximately 4.5 million dwt. The Philadelphia, built in 2012, adds to the company's established operations in the dry bulk shipping sector.

Diana Shipping (NYSE: DSX) announced the delivery of the m/v Florida, a new Capesize vessel acquired from Japan. The Company entered into a ten-year bareboat charter agreement at US$13,500 per day, while simultaneously time chartering the vessel to Bunge S.A. for US$25,900 per day for 58 to 62 months. With a fleet of 35 dry bulk vessels, Diana Shipping's carrying capacity is approximately 4.5 million dwt, with an average age of 10.17 years. This strategic move bolsters their fleet and operational capacity in the shipping industry.

Diana Shipping Inc. (NYSE: DSX) announced its 2022 Annual Meeting of Shareholders will be held virtually on May 18, 2022. Shareholders were informed that they will not be able to attend physically, with a record date set for March 28, 2022. The Company encourages advance voting to streamline the meeting process. Details on how to access the meeting and vote will be included in a separate proxy statement sent to shareholders. Diana Shipping specializes in the ownership and chartering of dry bulk vessels, transporting various commodities globally.

Diana Shipping Inc. (NYSE: DSX) announced a sale and leaseback agreement for its new Capesize dry bulk vessel, m/v Florida, anticipated to close by March 29, 2022. The transaction will yield gross proceeds of US$50.0 million. The company will charter-in the vessel for ten years, with purchase options starting after three years. Excluding this vessel, Diana's fleet comprises 34 vessels with a total capacity of approximately 4.4 million dwt and a weighted average age of 10.57 years.

Diana Shipping Inc. (NYSE: DSX) has secured a time charter contract for its Capesize dry bulk vessel, the m/v New Orleans, with Engelhart CTP Freight (Switzerland) SA. The charter, starting March 25, 2022, will last until November 20, 2023, with potential extension to January 31, 2024, generating an estimated gross revenue of approximately US$19.04 million. Currently, the m/v New Orleans is chartered at a rate of US$15,500 per day. Diana Shipping's fleet comprises 34 vessels, with a combined capacity of around 4.4 million dwt and an average age of 10.57 years.