Financial Performance - Diana Shipping Inc. reported a net income of $4.5 million for Q2 2025, a significant improvement from a net loss of $2.8 million in Q2 2024 [1] - Net income attributable to common stockholders for Q2 2025 was $3.1 million, compared to a net loss of $4.2 million in the same quarter of the previous year [1] - Earnings per share for Q2 2025 were $0.03, recovering from a loss per share of $0.04 in Q2 2024 [1] Revenue and Expenses - Time charter revenues for Q2 2025 were $54.7 million, slightly down from $56.0 million in Q2 2024, attributed to decreased ownership days, partially offset by increased average charter rates [2] - For the six months ended June 30, 2025, net income was $7.5 million, compared to a net loss of $0.7 million for the same period in 2024 [3] - Time charter revenues for the first half of 2025 totaled $109.6 million, down from $113.6 million in the same period of 2024 [3] Dividend Declaration - The Company declared a cash dividend of $0.01 per share, payable on September 11, 2025, to shareholders of record as of August 21, 2025 [4] Fleet and Employment - As of July 29, 2025, the Company had 37 vessels in operation, with a weighted average age of 11.7 years [14] - Fleet utilization was reported at 99.5% for both the three and six months ended June 30, 2025 [14] Balance Sheet - As of June 30, 2025, total assets were $1.131 billion, a decrease from $1.171 billion at the end of 2024 [28] - Total stockholders' equity was $492.8 million, down from $505.1 million at the end of 2024 [28] Cash Flow - Net cash provided by operating activities for Q2 2025 was $8.6 million, compared to $11.2 million in Q2 2024 [30] - The Company reported net cash used in financing activities of $16.8 million for Q2 2025 [30]

Core Viewpoint - Diana Shipping Inc. has entered into a time charter contract for its Kamsarmax dry bulk vessel, the m/v Astarte, with Propel Shipping Pte. Ltd., which is expected to generate significant revenue for the company [1][2]. Group 1: Charter Contract Details - The gross charter rate for the m/v Astarte is set at US$12,500 per day, with a 5.00% commission to third parties, for a period from August 2, 2025, until a minimum of August 16, 2026, and a maximum of October 16, 2026 [1]. - The anticipated gross revenue from the charter for the minimum scheduled period is approximately US$4.68 million [2]. Group 2: Fleet Composition and Future Plans - Diana Shipping Inc. currently operates a fleet of 36 dry bulk vessels, including various types such as 4 Newcastlemax, 8 Capesize, 4 Post-Panamax, 6 Kamsarmax, 5 Panamax, and 9 Ultramax [3]. - The company expects to take delivery of two new methanol dual fuel Kamsarmax vessels by the second half of 2027 and the first half of 2028 [3]. - The combined carrying capacity of the fleet, excluding the two vessels not yet delivered, is approximately 4.1 million dwt, with a weighted average age of 11.68 years [3]. Group 3: Company Overview - Diana Shipping Inc. is a global provider of shipping transportation services, specializing in the ownership and bareboat charter-in of dry bulk vessels [4]. - The company's vessels primarily engage in short to medium-term time charters, transporting a variety of dry bulk cargoes, including iron ore, coal, and grain along global shipping routes [4].

Core Viewpoint - Diana Shipping Inc. has entered into a time charter contract with Cargill Ocean Transportation for its Ultramax dry bulk vessel, the m/v DSI Phoenix, with a gross charter rate of US$13,500 per day, expected to generate approximately US$5.64 million in gross revenue for the minimum charter period [1][2]. Group 1: Charter Agreement Details - The time charter for the m/v DSI Phoenix is set to commence on August 3, 2025, and will last until at least October 1, 2026, with a maximum end date of November 30, 2026 [1]. - The charter rate is subject to a 4.75% commission paid to third parties [1]. Group 2: Fleet Information - Diana Shipping Inc. currently operates a fleet of 36 dry bulk vessels, including various types such as Newcastlemax, Capesize, Post-Panamax, Kamsarmax, Panamax, and Ultramax [3]. - The total carrying capacity of the fleet, excluding two vessels yet to be delivered, is approximately 4.1 million deadweight tons (dwt), with a weighted average age of 11.67 years [3]. - The company expects to take delivery of two new methanol dual fuel Kamsarmax vessels by the second half of 2027 and the first half of 2028 [3]. Group 3: Company Overview - Diana Shipping Inc. specializes in shipping transportation services through the ownership and bareboat charter-in of dry bulk vessels, primarily engaged in short to medium-term time charters [4]. - The vessels transport a variety of dry bulk cargoes, including iron ore, coal, and grain, along global shipping routes [4].

Core Viewpoint - Diana Shipping Inc. has entered into a time charter contract with Cargill Ocean Transportation for its Ultramax dry bulk vessel, the m/v DSI Phoenix, with a gross charter rate of US$13,500 per day, expected to generate approximately US$5.64 million in gross revenue for the minimum charter period [1][2]. Group 1: Charter Agreement Details - The time charter for the m/v DSI Phoenix is set to commence on August 3, 2025, and will last until at least October 1, 2026, with a maximum end date of November 30, 2026 [1]. - The charter rate is subject to a 4.75% commission paid to third parties [1]. Group 2: Fleet Composition and Future Plans - Diana Shipping Inc. currently operates a fleet of 36 dry bulk vessels, including various types such as Newcastlemax, Capesize, Post-Panamax, Kamsarmax, Panamax, and Ultramax [3]. - The company is expecting to take delivery of two new methanol dual fuel Kamsarmax vessels by the second half of 2027 and the first half of 2028 [3]. - The total carrying capacity of the fleet, excluding the two vessels not yet delivered, is approximately 4.1 million deadweight tons (dwt), with a weighted average age of 11.67 years [3]. Group 3: Company Overview - Diana Shipping Inc. specializes in shipping transportation services through the ownership and bareboat charter-in of dry bulk vessels, primarily engaged in short to medium-term time charters [4]. - The vessels transport a variety of dry bulk cargoes, including iron ore, coal, and grain, along global shipping routes [4].

Group 1 - The company, Diana Shipping Inc., is scheduled to release its financial results for Q2 2025 on July 30, 2025, before the U.S. financial markets open [1] - A conference call and simultaneous Internet webcast will be held at 9:00 A.M. (Eastern Time) on the same day to review the financial results [2] - Investors can access the webcast through the company's website, and an accompanying investor presentation will also be available [3] Group 2 - Diana Shipping Inc. specializes in the ownership and bareboat charter-in of dry bulk vessels, primarily engaging in short to medium-term time charters [5] - The company's vessels transport a variety of dry bulk cargoes, including iron ore, coal, and grain, along global shipping routes [5]

Core Viewpoint - Diana Shipping Inc. has entered into a time charter contract with Cargill Ocean Transportation for its Ultramax dry bulk vessel, m/v DSI Polaris, with a gross charter rate of US$12,250 per day, expected to generate approximately US$4.66 million in gross revenue for the minimum charter period [1][2]. Group 1: Charter Agreement Details - The time charter for m/v DSI Polaris is set to commence on July 1, 2025, and will last until at least July 21, 2026, with a maximum end date of September 21, 2026 [1]. - The charter rate is subject to a 4.75% commission paid to third parties [1]. Group 2: Fleet Composition and Future Plans - Following the sale of m/v Selina, Diana Shipping Inc.'s fleet will consist of 36 dry bulk vessels, including various types such as Newcastlemax, Capesize, and Ultramax [3]. - The company anticipates taking 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]. - The current fleet has a combined carrying capacity of approximately 4.1 million dwt and a weighted average age of 11.65 years [3]. Group 3: Company Overview - Diana Shipping Inc. specializes in shipping transportation services through the ownership and bareboat charter-in of dry bulk vessels, primarily engaged in short to medium-term time charters [4]. - The vessels transport a variety of dry bulk cargoes, including iron ore, coal, and grain, along global shipping routes [4].

Core Viewpoint - Diana Shipping Inc. has signed a Memorandum of Agreement to sell the 2010-built Panamax vessel "Selina" for approximately US$11.8 million, with delivery expected by August 15, 2025 [1] Fleet Composition - Following the sale, Diana Shipping Inc.'s fleet will consist of 36 dry bulk vessels, including 4 Newcastlemax, 8 Capesize, 4 Post-Panamax, 6 Kamsarmax, 5 Panamax, and 9 Ultramax [2] - The combined carrying capacity of the fleet, including the m/v Selina and excluding two vessels not yet delivered, is approximately 4.1 million dwt with a weighted average age of 11.63 years [2] - 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 [2] Company Overview - Diana Shipping Inc. is a global provider of shipping transportation services, specializing in the ownership and bareboat charter-in of dry bulk vessels [3] - The vessels are primarily employed on short to medium-term time charters, transporting a range of dry bulk cargoes such as iron ore, coal, and grain along worldwide shipping routes [3]

Core Viewpoint - Diana Shipping Inc. has entered into a time charter contract for its Ice Class Panamax dry bulk vessel, m/v Atalandi, with Stone Shipping Ltd, which is expected to generate significant revenue for the company [1][2]. Group 1: Charter Contract Details - The time charter contract for the m/v Atalandi has a gross charter rate of US$9,000 per day for the first 35 days and US$10,100 per day for the remaining period, with a commission of 5.00% paid to third parties [1]. - The charter is set to commence on June 9, 2025, and will last until a minimum of June 15, 2026, and a maximum of August 15, 2026 [1]. Group 2: Revenue Generation - The employment of the m/v Atalandi is anticipated to generate approximately US$3.62 million in gross revenue for the minimum scheduled period of the time charter [2]. Group 3: Fleet Overview - Diana Shipping Inc. currently operates a fleet of 37 dry bulk vessels, including various classes such as Newcastlemax, Capesize, and Panamax [3]. - The combined carrying capacity of the fleet, excluding two vessels not yet delivered, is approximately 4.1 million dwt, with a weighted average age of 11.60 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]. Group 4: Company Profile - Diana Shipping Inc. is a global provider of shipping transportation services, specializing in the ownership and bareboat charter-in of dry bulk vessels [4]. - The company's vessels primarily engage in short to medium-term time charters, transporting a range of dry bulk cargoes, including iron ore, coal, and grain [4].

Company Overview - Diana Shipping Inc. is a Greece-based dry bulk carrier engaged in the global transportation of commodities such as coal, grain, and iron ore for over twenty years [1]. Investment Focus - The company primarily focuses on small- to mid-cap companies, which are often overlooked by many investors, while occasionally analyzing large-cap names to provide a broader market perspective [1].

Core Viewpoint - Diana Shipping Inc. has entered into a time charter contract for its Newcastlemax dry bulk vessel, the m/v Newport News, with Bohai Ocean Shipping, which is expected to enhance the company's revenue stream through a higher charter rate compared to its previous contract [1][2]. Group 1: Charter Contract Details - The gross charter rate for the m/v Newport News is set at US$25,000 per day, with a 5.00% commission deducted for third parties, for a period extending from June 14, 2025, until a minimum of September 1, 2026, and a maximum of October 31, 2026 [1]. - The anticipated gross revenue from this charter for the minimum scheduled period is approximately US$10.95 million [2]. Group 2: Fleet Composition and Future Plans - Diana Shipping Inc. currently operates a fleet of 37 dry bulk vessels, including 4 Newcastlemax, 8 Capesize, 4 Post-Panamax, 6 Kamsarmax, 6 Panamax, and 9 Ultramax vessels [3]. - The company is set to take delivery of two new methanol dual fuel Kamsarmax vessels by the second half of 2027 and the first half of 2028, which will further enhance its fleet capacity [3]. - The current combined carrying capacity of the fleet, excluding the two vessels not yet delivered, is approximately 4.1 million dwt, with a weighted average age of 11.59 years [3]. Group 3: Company Overview - Diana Shipping Inc. specializes in shipping transportation services through the ownership and bareboat charter-in of dry bulk vessels, primarily engaging in short to medium-term time charters [4]. - The company's vessels transport a variety of dry bulk cargoes, including iron ore, coal, and grain, along global shipping routes [4].