Diana Shipping (NYSE:DSX) Q4 2025 Earnings call February 26, 2026 09:00 AM ET Company ParticipantsDave Van der Linden - Chief Commercial OfficerMaria Dede - co-CFO and TreasurerSemiramis Paliou - Director and CEOOperatorThank you for standing by, ladies and gentlemen, and welcome to the Diana Shipping Inc. conference call on the fourth quarter and year-end 2025 financial results. We are joined by the company's Chief Executive Officer, Ms. Semiramis Paliou. At this time, all participants are in a listen-only ...

We create to share Financial Results for the 4 th Quarter of 2025 February 26, 2026 Our Presenting Team Director & President Ioannis Zafirakis Semiramis Paliou Director & Chief Executive Officer Maria Dede Co-CFO & Treasurer Our Company's confidence stems from our established track record We create to share 2 Chief Commercial Officer of Diana Shipping Services S.A. Dave Van der Linden Maria Dede Financial Results for the 4th Quarter of 2025 We create to share 3 This presentation does not constitute Diana's ...

ATHENS, Greece, Feb. 26, 2026 (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 $3.1 million and net income attributable to common stockholders of $1.7 million for the fourth quarter of 2025. This compares to net income of $9.7 million and net income attributable to common stockholders of $8.3 million for the fourth quarter of 2024. Earnings per share for the ...

Costs increased year over year. The CFO said daily vessel operating expenses rose 13% to $5,683, compared with $5,047 in the fourth quarter of 2024. Excluding drydocking and delivery expenses, daily vessel OpEx increased 6% to $5,057 from $4,787.Adamopoulos said Safe Bulkers averaged 45 vessels in operation during the fourth quarter of 2025 and generated an average time charter equivalent (TCE) of $17,050, compared with 45.9 vessels and a TCE of $16,521 in the year-ago quarter.Chief Financial Officer Konsta ...

Earnings Presentation Quarter Ended December 31, 2025 1 February 20, 2026 38 – 138 – 222 22 – 90 – 144 149 – 55 – 53 192 – 0 – 0 217 – 217 – 217 This presentation shall not constitute an offer to sell or the solicitation of an offer to buy securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful under the securities laws of such jurisdiction. 2 38 – 138 – 222 220 – 230 – 242 242 – 242 – 242 154 – 172 – 204 Forward/Looking Statement ...

Financial Data and Key Metrics Changes - In Q4 2025, the company achieved adjusted earnings per share of $0.14, compared to $0.15 in Q4 2024 [5][29] - Adjusted EBITDA for Q4 2025 was $37.4 million, down from $40.7 million in Q4 2024 [28] - Daily vessel operating expenses increased by 13% to $5,683 in Q4 2025, compared to $5,047 in Q4 2024 [30] Business Line Data and Key Metrics Changes - The company operated an average of 45 vessels in Q4 2025, earning an average time charter equivalent of $17,050, compared to 45.9 vessels earning $16,521 in Q4 2024 [29] - The company declared a dividend of $0.05 per share, marking the seventeenth consecutive quarterly dividend [23] Market Data and Key Metrics Changes - The dry bulk fleet is projected to grow by about 3% in 2026, with the highest growth in the Panamax and Supermax segments [7] - Global dry bulk demand is forecasted to grow by 2%-3% in 2026, with cargo volumes expected to expand by 1%-2% [13] Company Strategy and Development Direction - The company maintains a balance between spot and time charter exposure to capture market opportunities while preserving cash flow visibility [6] - The company is focusing on fleet renewal with an emphasis on quality tonnage, particularly Japanese-built vessels [12] Management's Comments on Operating Environment and Future Outlook - Management noted increased market volatility in the dry bulk market due to geopolitical reasons, but expressed optimism about the market's recovery [5] - The company highlighted the importance of maintaining a young and technologically advanced fleet to enhance operational performance and regulatory compliance [12] Other Important Information - The company has a strong liquidity position with $382 million in capital resources and a leverage ratio of 34% [23] - The company has a revenue backlog of $178 million, supporting debt service and reinvestment [33] Q&A Session Summary Question: Is there any appetite to renew the Capesize fleet? - Management indicated that second-hand prices are rising, but there is a lack of suitable tonnage available for sale, leading to a focus on newbuilds [36] Question: Have you seen increasing appetite for 2- to 3-year contracts on Kamsarmaxes? - Management noted that there is currently no interest for longer-term contracts, with the market just starting to improve [37][39] Question: Would you favor index-linked exposure or fixed coverage? - Management traditionally prefers fixed rates, especially in a rising market, and noted current rates for one-year deals are around $18,000 to $19,000 per day for Eco Kamsarmaxes [40]

Safe Bulkers (NYSE:SB) Q4 2025 Earnings call February 19, 2026 10:00 AM ET Company ParticipantsCliment Molins - Head of Shipping ResearchKonstantinos Adamopoulos - CFO and TreasurerLoukas Barmparis - President and SecretaryOperatorThank you for standing by, ladies and gentlemen, and welcome to Safe Bulkers conference call for the Q4 2025 financial results. We have with us Mr. Polys Hajioannou, Chairman and Chief Executive Officer, Dr. Loukas Barmparis, President, and Mr. Konstantinos Adamopoulos, Chief Fina ...

Financial Data and Key Metrics Changes - In Q4 2025, the company achieved adjusted earnings per share of $0.14, with a board-declared dividend of $0.05 per share [3][17] - Adjusted EBITDA for Q4 2025 was $37.4 million, down from $40.7 million in Q4 2024 [17] - Daily vessel operating expenses increased by 13% to $5,683 in Q4 2025 compared to $5,047 in Q4 2024 [19] Business Line Data and Key Metrics Changes - The company operated an average of 45 vessels in Q4 2025, earning an average time charter equivalent of $17,050, compared to 45.9 vessels earning $16,521 in Q4 2024 [18] - The company has a revenue backlog of $178 million, supporting debt service and shareholder returns [20] Market Data and Key Metrics Changes - The dry bulk fleet is projected to grow by about 3% in 2026, with the order book at approximately 11.4% of the current fleet [4] - Global dry bulk demand is forecasted to grow by 2%-3% in 2026, with cargo volumes expected to expand by 1%-2% [9][12] Company Strategy and Development Direction - The company maintains a prudent balance between spot and time charter exposure to capture market opportunities while preserving cash flow visibility [3] - The fleet is focused on quality, with approximately 80% being Japanese-built, and an average fleet age of 10.5 years, which is younger than the global average [6][15] Management Comments on Operating Environment and Future Outlook - The management noted increased market volatility in the dry bulk market due to geopolitical reasons, but expressed optimism about the market's recovery [3][9] - The company anticipates that supply growth will marginally match demand for 2026, indicating a balanced market outlook [12] Other Important Information - The company has significant liquidity with $382 million in capital resources and a comfortable leverage of 34% [13][20] - The company has an active share repurchase program of 10 million shares [14] Q&A Session Summary Question: Fleet renewal and Capesize age - Management indicated that second-hand prices are rising, but quality tonnages are scarce, leading to a focus on newbuilds [24][25] Question: Time charter market appetite - Management noted that there is currently no interest in 2-3 year contracts, with the market just starting to improve [26][27]

Himalaya Shipping – Q4 2025 Results Presentation 10 February 2026 1 Forward looking statements The foregoing factors that could cause our actual results to differ materially from those contemplated in any forward-looking statement included in this report should not be construed as exhaustive. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this investor presentation. Except as required by law, Himalaya Shipping undertakes no obligation to update pu ...

Group 1 - Genco Shipping & Trading Limited will hold a conference call to discuss its fourth quarter 2025 results on February 18, 2026, at 8:30 a.m. Eastern Time [1] - The financial results for the fourth quarter ended December 31, 2025, will be issued on February 17, 2026, after market close [1] - The conference call will be accessible via a live broadcast on the internet and will include a slide presentation [1] Group 2 - Genco Shipping & Trading Limited is a U.S.-based dry bulk ship owning company focused on the global seaborne transportation of commodities [2] - The company transports key cargoes such as iron ore, coal, grain, steel products, bauxite, cement, and nickel ore [2] - Genco's fleet consists of 45 vessels with an average age of 12.7 years and an aggregate capacity of approximately 5,045,000 deadweight tons (dwt) [2]