Diana Shipping's Leveraged Balance Sheet And Inferior Fleet Specifications Make It A Hold

CloudVisual Note: I previously covered Diana Shipping (NYSE:DSX). In my previous take, I discussed the company's fleet, balance sheet, profitability, and relative valuation. In today’s article, I dissect the last earning report, update the company’s valuation, and review its rating. DSX fleet DSX fleet includes 40 vessels (inc. MV Houston): 4 Newcastlemax, 9 Capesize, 5 Post Panamax, 6 Kamsarmax, 6 Panamax, and 9 Ultramax. Since my last article in December, the DSX agreed to sell two vessels: in 2009, i ...