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Diana Shipping, Inc. - DSX STOCK NEWS

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 prominent global provider of shipping transportation services, primarily focusing on dry bulk cargoes. The company operates an extensive fleet of vessels including Panamax, Kamsarmax, Post-Panamax, Capesize, and Newcastlemax types, which are employed on medium to long-term time charters. These vessels transport a variety of commodities such as iron ore, coal, grain, steel products, cement, and fertilizers across international shipping routes.

Founded and incorporated in the Marshall Islands, Diana Shipping Inc. is headquartered in Athens, Greece. The company made its debut on the New York Stock Exchange on March 23, 2005, following its initial public offering. The company’s business model relies heavily on the operation of its fleet, with revenue generated through the services provided by these vessels in a uniformly regulated economic environment.

Recent achievements of Diana Shipping include expanding its fleet and securing long-term charters with reputable clients, ensuring reliable revenue streams. The company continues to focus on operational efficiency and fleet management to maintain its competitive edge in the shipping industry.

For more detailed insights and the latest updates, visit our corporate profile.

News

Diana Shipping Inc. Announces Release of Its 2022 Environmental, Social and Governance Report

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Diana Shipping Inc. (NYSE: DSX) releases its Environmental, Social and Governance Report for the year ended December 31, 2022, outlining its commitment to sustainability and responsible business practices.
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Diana Shipping Inc. Announces Time Charter Contract for m/v New Orleans With Kawasaki

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Diana Shipping Inc. (DSX) has entered into a time charter contract with Kawasaki Kisen Kaisha, Ltd. for the m/v New Orleans, a Capesize dry bulk vessel, at a gross charter rate of US$20,000 per day. The charter is expected to generate approximately US$12.16 million of gross revenue for the minimum scheduled period. With the sale of m/v Boston, the company's fleet will consist of 40 dry bulk vessels, totaling approximately 4.7 million dwt.
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Diana Shipping Inc. Announces Pro-Rata Distribution of Warrants to Purchase Common Stock

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Diana Shipping Inc. (NYSE: DSX) declares distribution of warrants to shareholders, aiming to raise new equity capital without causing dilution. The Warrants will be distributed pro-rata to Holders of the Company’s common stock. Holders will receive one Warrant for every five shares of issued and outstanding shares of common stock held as of the Record Date. Each Warrant will entitle the Holder to purchase one share of common stock plus a Bonus Share Fraction. Mrs. Semiramis Paliou, Director and Chief Executive Officer of the Company, stated that the distribution illustrates proactive management of the capital structure to uphold a robust balance sheet.
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Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Andromeda With Bunge

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Diana Shipping Inc. (NYSE: DSX) has entered into a time charter contract with Bunge SA for its Ultramax dry bulk vessel, the m/v DSI Andromeda, at a gross charter rate of US$13,500 per day. The charter is expected to generate approximately US$6.03 million of gross revenue for the minimum scheduled period. The company's fleet will consist of 40 dry bulk vessels after the completion of the previously announced sale of m/v Boston.
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Diana Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2023; Declares Stock Dividend of $0.15 per Share for the Third Quarter 2023

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Diana Shipping Inc. (NYSE: DSX) reported a decrease in net income and time charter revenues for the third quarter of 2023 compared to the same period in 2022. The company's net income was $7.4 million, with $5.9 million attributed to common stockholders. Earnings per share for the quarter were $0.06 basic and diluted. Despite the decrease, the company declared a dividend of $0.15 per share.
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Diana Shipping Inc. Announces the Date for the 2023 Third Quarter Financial Results, Conference Call and Webcast

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Diana Shipping Inc. (NYSE: DSX) announces the release of its financial results for the third quarter of 2023, with a scheduled review through a conference call and webcast. Investors can access the webcast and investor presentation on the company's website. The conference call details for access and replay options are also provided.
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Diana Shipping Inc. Announces Direct Continuation Of Time Charter Contract For M/V DSI Aquila With Western Bulk

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Diana Shipping Inc. has entered into a time charter contract with Western Bulk Carriers AS for one of its dry bulk vessels, the m/v DSI Aquila. The charter rate is US$12,500 per day, and the charter period is expected to start on November 12, 2023. The employment of the vessel is anticipated to generate approximately US$4.49 million of gross revenue for the minimum scheduled period.
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Diana Shipping Inc. Becomes Partner in a Commissioning Service Operation Vessels Project

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Diana Shipping Inc. announces its participation in a joint venture entity to own and operate offshore wind vessels. The venture has ordered two high spec Commissioning Service Operation Vessels (CSOVs) and holds the option for two more. The company's fleet will consist of 40 dry bulk vessels after the sale of m/v Boston. The combined carrying capacity of the fleet is approximately 4.7 million dwt.
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Diana Shipping Inc. Announces the Sale of a Capesize Dry Bulk Vessel, the m/v Boston

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Diana Shipping Inc. to sell vessel 'Boston' for $18 million
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Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Seattle With Solebay

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Diana Shipping Inc. enters into a time charter contract for its Capesize dry bulk vessel, the m/v Seattle, generating approximately $11.27 million of gross revenue for the minimum scheduled period of the charter.
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FAQ

What is the current stock price of Diana Shipping (DSX)?

The current stock price of Diana Shipping (DSX) is $1.88 as of December 24, 2024.

What is the market cap of Diana Shipping (DSX)?

The market cap of Diana Shipping (DSX) is approximately 235.4M.

What does Diana Shipping Inc. do?

Diana Shipping Inc. provides shipping transportation services, mainly for dry bulk cargoes such as iron ore, coal, and grain through its fleet of dry bulk carrier vessels.

Where is Diana Shipping Inc. headquartered?

Diana Shipping Inc. is headquartered in Athens, Greece.

When did Diana Shipping Inc. go public?

Diana Shipping Inc. completed its initial public offering on March 23, 2005, and its shares are traded on the New York Stock Exchange under the symbol 'DSX'.

What types of vessels does Diana Shipping Inc. operate?

Diana Shipping Inc. operates a diverse fleet consisting of Panamax, Kamsarmax, Post-Panamax, Capesize, and Newcastlemax dry bulk carrier vessels.

What commodities does Diana Shipping Inc. transport?

Diana Shipping Inc. transports a range of dry bulk commodities, including iron ore, coal, grain, steel products, cement, and fertilizers.

Where is Diana Shipping Inc. incorporated?

Diana Shipping Inc. is incorporated in the Marshall Islands.

What is the main source of revenue for Diana Shipping Inc.?

The main source of revenue for Diana Shipping Inc. is the operation of its fleet of dry bulk carrier vessels.

How does Diana Shipping Inc. ensure operational efficiency?

Diana Shipping Inc. focuses on effective fleet management and securing long-term charters with reputable clients to ensure operational efficiency.

What is the significance of Diana Shipping Inc.'s fleet?

The fleet of Diana Shipping Inc. is crucial for transporting various dry bulk cargoes across the globe, highlighting its significance in global trade and logistics.

How can I find more information about Diana Shipping Inc.?

For more detailed insights and the latest updates on Diana Shipping Inc., you can visit the company's corporate profile.

Stock DSX logo
Diana Shipping, Inc.

NYSE:DSX

DSX Rankings

#3741 Ranked by Market Cap
#1366 Ranked by Dividends

DSX Stock Data

235.35M
77.25M
38.31%
9.06%
0.98%
Marine Shipping
Industrials
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United States of America
Athens