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.
Diana Shipping Inc. (NYSE: DSX) has announced a significant financial decision on April 12, 2023. The company signed a term loan facility with Danish Ship Finance A/S, securing up to US$100 million with a maturity date set for April 2028. The drawdown of this amount was finalized on April 19, 2023, and is guaranteed by nine vessels. This financing will refinance existing loans totaling approximately US$87 million from BNP Paribas and DNB Bank ASA.
Diana Shipping's fleet currently consists of 42 dry bulk vessels with a combined carrying capacity of 4.7 million dwt and a weighted average age of 10 years. The funds may also cover transaction costs and general corporate purposes.
Diana Shipping Inc. (NYSE: DSX) announced its 2023 Annual Meeting of Shareholders will occur on May 23, 2023, at 8:00 a.m. Eastern Time in a virtual format. Shareholders of record as of April 3, 2023, can attend by following instructions in the Notice of Annual Meeting and proxy statement available through the SEC and the company's official website. Diana Shipping specializes in shipping transportation services, focusing on the ownership and bareboat charter-in of dry bulk vessels, with operations primarily involving iron ore, coal, grain, and other materials.
FAQ
What is the current stock price of Diana Shipping (DSX)?
What is the market cap of Diana Shipping (DSX)?
What does Diana Shipping Inc. do?
Where is Diana Shipping Inc. headquartered?
When did Diana Shipping Inc. go public?
What types of vessels does Diana Shipping Inc. operate?
What commodities does Diana Shipping Inc. transport?
Where is Diana Shipping Inc. incorporated?
What is the main source of revenue for Diana Shipping Inc.?
How does Diana Shipping Inc. ensure operational efficiency?
What is the significance of Diana Shipping Inc.'s fleet?
How can I find more information about Diana Shipping Inc.?
