We create to share Financial Results for the 4 th Quarter of 2024 February 25, 2025 Our Presenting Team Semiramis Paliou Director & Chief Executive Officer Anastasios Margaronis Director & President Eleftherios Papatrifon Director Director, Co-Chief Financial Officer, Chief Strategy Officer, Secretary & Treasurer Our Company's confidence stems from our established track record Co-Chief Financial Officer We create to share 2 Ioannis Zafirakis Maria Dede Financial Results for the 4th Quarter of 2024 We create ...

ATHENS, Greece, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today reported net income of $9.7 million and a net income attributed to common stockholders of $8.3 million for the fourth quarter of 2024. This compares to net income of $9.4 million and net income attributed to common stockholders of $7.9 million for the fourth quarter of 2023. Earnings per share for the fo ...

ATHENS, Greece, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International SA, Geneva, for one of its Kamsarmax dry bulk vessels, the m/v Myrsini. The gross charter rate is US$13,000 per day, minus a 4.75% commission paid to third parties, for a peri ...

ATHENS, Greece, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that its financial results for the fourth quarter and year ended December 31, 2024 are scheduled to be released before the opening of the U.S. financial markets on Tuesday, February 25, 2025. The Company’s management will conduct a conference call and simultaneous Internet webcast to review the ...

ATHENS, Greece, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party, the 2010-built Post-Panamax vessel “Alcmene”, with delivery to the buyer latest by March 7, 2025, for a sale price of approximately US$11.9 million before commission ...

Charter Contract Extensions - Diana Shipping Inc has extended the time charter contract for the Capesize dry bulk vessel m/v Semirio with Solebay Shipping Cape Company Limited at a gross charter rate of US$16,650 per day minus a 5% commission, effective from February 4, 2025, until a period between February 15, 2026, and April 15, 2026 [1] - The m/v Semirio is currently chartered at a gross rate of US$14,150 per day minus a 5% commission [1] - The company has also extended the time charter contract for the Ultramax dry bulk vessel m/v DSI Aquila with Western Bulk Carriers AS at a gross charter rate of US$12,250 per day minus a 5% commission, effective from January 23, 2025, for a period of 5 to 7 months [3] - The m/v DSI Aquila is currently chartered at a gross rate of US$12,500 per day minus a 5% commission [3] - The employment extensions of m/v Semirio and m/v DSI Aquila are expected to generate approximately US$7.52 million in gross revenue for the minimum scheduled period of the time charters [4] Fleet Details - The m/v Semirio is a 174,261 dwt Capesize dry bulk vessel built in 2007 [2] - The m/v DSI Aquila is a 60,309 dwt Ultramax dry bulk vessel built in 2015 [4] - Diana Shipping Inc's fleet consists of 38 dry bulk vessels, including 4 Newcastlemax, 8 Capesize, 5 Post-Panamax, 6 Kamsarmax, 6 Panamax, and 9 Ultramax vessels [5] - The company expects to take delivery of two methanol dual-fuel Kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028 [5] - The combined carrying capacity of the fleet, excluding the two vessels not yet delivered, is approximately 4.2 million dwt with a weighted average age of 11.29 years [5] Company Overview - Diana Shipping Inc is a global provider of shipping transportation services through its ownership and bareboat charter-in of dry bulk vessels [6] - The company's vessels are primarily employed 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 [6]

Charter Contract Details - Diana Shipping Inc has entered into a time charter contract with SwissMarine Pte Ltd for its Capesize dry bulk vessel, the m/v New York The gross charter rate is US$6,300 per day for the first trip and US$17,600 per day for the balance period, minus a 5% commission The charter period is from January 12, 2025, to a minimum of January 15, 2026, and a maximum of March 30, 2026 [1] - The m/v New York is a 177,773 dwt Capesize dry bulk vessel built in 2010 The employment of this vessel is expected to generate approximately US$6.03 million in gross revenue for the minimum scheduled period of the time charter [2] Fleet Overview - Diana Shipping Inc's fleet consists of 38 dry bulk vessels, including 4 Newcastlemax, 8 Capesize, 5 Post-Panamax, 6 Kamsarmax, 6 Panamax, and 9 Ultramax The combined carrying capacity of the fleet is approximately 4.2 million dwt, with a weighted average age of 11.28 years [3] - The company expects to take delivery of two methanol dual fuel new-building Kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028 [3] Company Background - Diana Shipping Inc is a global provider of shipping transportation services, specializing in the ownership and bareboat charter-in of dry bulk vessels The company's vessels are primarily employed on short to medium-term time charters, transporting dry bulk cargoes such as iron ore, coal, grain, and other materials along worldwide shipping routes [4]

Tender Offer Results - Diana Shipping Inc announced the final results of its tender offer to purchase up to 15,000,000 shares of its common stock at a price of US$2 00 per share, with the offer expiring on December 31, 2024 [1] - A total of 11,442,645 shares were tendered, resulting in an aggregate purchase price of US$22,885,290 as the offer was undersubscribed [2] Company Overview - Diana Shipping Inc is a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels [3] - The company's vessels are primarily employed on short to medium-term time charters, transporting dry bulk cargoes such as iron ore, coal, grain, and other materials along worldwide shipping routes [3] Forward-Looking Statements - The press release contains forward-looking statements regarding the company's plans, objectives, goals, strategies, future events, and performance [4][5] - These statements are based on various assumptions, including historical operating trends, company records, and third-party data, but are subject to significant uncertainties and contingencies [6] - Factors that could cause actual results to differ include world economic strength, currency fluctuations, charter rate and vessel value changes, demand for dry bulk shipping capacity, operating expenses, financing availability, regulatory changes, political conditions, and potential disruptions to shipping routes [7]

ATHENS, Greece, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced the preliminary results of its tender offer to purchase up to 15,000,000 shares of its common stock, par value US$0.01 per share, at a price of US$2.00 per share, net to the seller in cash, less any applicable withholding taxes and without interest. The tender offer expired at 5:00 P.M., Eastern ...

ATHENS, Greece, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with Cobelfret S.A., Luxembourg, for one of its Post-Panamax dry bulk vessels, the m/v Amphitrite. The gross charter rate is US$8,750 per day for the first fifty (50) days of the charter period and US$12 ...