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Diana Shipping Inc. Announces the Date for the 2025 Second Quarter Financial Results, Conference Call and Webcast
Globenewswire· 2025-07-10 12:50
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]
Performance Shipping Inc. Announces Successful Placement of $100 Million Bond Offering
Globenewswire· 2025-07-02 17:35
Core Viewpoint - Performance Shipping Inc. has successfully placed USD 100 million of bonds in the Nordic bond market, with plans for listing on the Oslo Stock Exchange, maturing in July 2029, and a fixed coupon of 9.875% per annum [1] Group 1: Bond Offering Details - The bonds are priced at 97% of par and will pay interest semi-annually in arrears [1] - The bonds are secured by first priority mortgages over the Company's two oldest tanker vessels, which are currently unencumbered [1] - The offering is expected to close on July 17, 2025, subject to customary closing conditions [1] Group 2: Use of Proceeds - The net proceeds from the bond issue will be utilized for tanker acquisitions or bond repurchases [2] Group 3: Company Overview - Performance Shipping Inc. is a global provider of shipping transportation services through its ownership of tanker vessels, employing its fleet on spot voyages, pool arrangements, and time charters [4]
OceanPal Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement
Globenewswire· 2025-07-01 13:20
ATHENS, Greece, July 01, 2025 (GLOBE NEWSWIRE) -- OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that the Company has received a written notification from The Nasdaq Stock Market (“Nasdaq”), dated June 30, 2025, indicating that because the closing bid price of the Company’s common shares was at or greater than US$1.00 per share for 10 consecutive trading days, from June 13 to June 27, 2025, the Company has regained compliance w ...
Performance Shipping Inc. Announces Acceptance of a Signed Commitment Letter From Alpha Bank A.E. to Refinance Existing Facilities
Globenewswire· 2025-06-24 13:27
ATHENS, Greece, June 24, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that it has accepted a commitment letter whereby it intends to enter into an agreement for a refinancing of the existing loan outstanding of US$29,750,000 with Alpha Bank A.E. (the “Facility”) through two separate wholly-owned subsidiaries of the Company. This Facility is subject to the completion of cu ...
Performance Shipping Inc. Secures Long-Term Time Charter Contract at US$23,750 Per Day With Mercuria for LR1 Newbuilding Tanker
Globenewswire· 2025-06-17 12:20
ATHENS, Greece, June 17, 2025 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a long-term time charter contract with Mercuria Energy Trading S.A. (“Mercuria” or the “Charterer”), for its fourth newbuilding, the previously announced LR1 tanker scheduled for delivery in early 2027. The vessel will be chartered to ...
Performance Shipping Inc. Announces Fixed Income Investor Meetings
Globenewswire· 2025-06-04 05:43
Company Overview - Performance Shipping Inc. is a global provider of shipping transportation services through its ownership of tanker vessels, employing its fleet on spot voyages, pool arrangements, and time charters [3] Bond Issuance - The company plans to arrange a series of fixed income investor calls starting on June 6, 2025, with a potential five-year USD denominated senior unsecured bond issue to follow, subject to market conditions [1] - The net proceeds from the contemplated bond issue will be used for fleet expansion, renewal, and general corporate purposes [1] Regulatory Compliance - The senior unsecured bonds, if issued, will be offered only to qualified institutional buyers in the United States under Rule 144A and to non-U.S. persons outside the United States under Regulation S [2] - The bonds will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold in the United States without registration or an applicable exemption [2]
Diana Shipping Inc. Announces Results of 2025 Annual Meeting of Shareholders
GlobeNewswire News Room· 2025-05-30 13:10
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 [2] - The company's vessels primarily operate on short to medium-term time charters, transporting various dry bulk cargoes such as iron ore, coal, and grain along worldwide shipping routes [2] Annual Meeting of Shareholders - The Annual Meeting of Shareholders was held virtually on May 28, 2025, with Broadridge Financial Solutions, Inc. acting as the inspector of the meeting [1] - Several proposals were approved at the meeting, including the election of three Class II Directors to serve until the 2028 Annual Meeting of Shareholders [7] - The appointment of Deloitte Certified Public Accountants S.A. as the independent auditors for the fiscal year ending December 31, 2025, was also approved [7] - An amendment to the Company's Amended and Restated Articles of Incorporation was approved, allowing the Board of Directors to effect one or more reverse stock splits of the Company's issued Common Shares, with a maximum aggregate ratio of 1-for-100 [7]
OceanPal Inc. Announces Results of 2025 Annual Meeting of Shareholders
Globenewswire· 2025-05-21 11:23
Core Points - OceanPal Inc. held its Annual Meeting of Shareholders on May 20, 2025, in a virtual format [1] - Three proposals were approved at the meeting, including the election of three Class I Directors, an amendment to allow reverse stock splits up to a 1-for-500 ratio, and the appointment of Ernst & Young as independent auditors for the fiscal year ending December 31, 2025 [2] Company Overview - OceanPal Inc. is a global shipping company that specializes in the ownership and operation of dry bulk vessels and product tankers, focusing on the transportation of bulk commodities such as iron ore, coal, grain, and refined petroleum products [3] - The company's fleet primarily operates on time charter trips with short to medium durations and spot charters, aiming to maximize long-term shareholder value [3]
Diana Shipping Inc. Announces the Date for the 2025 First Quarter Financial Results, Conference Call and Webcast
Globenewswire· 2025-05-19 13:20
ATHENS, Greece, May 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 its financial results for the first quarter ended March 31, 2025 are scheduled to be released before the opening of the U.S. financial markets on Thursday, May 29, 2025. The Company’s management will conduct a conference call and simultaneous Internet webcast to review these results at 9:00 ...
Diana Shipping Inc. Announces Date for Its 2025 Annual Meeting of Shareholders
Globenewswire· 2025-04-30 13:05
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 [2] - The company's vessels are primarily employed on short to medium-term charters, transporting a range of dry bulk cargoes including iron ore, coal, and grain along worldwide shipping routes [2] Annual Meeting Announcement - The company will hold its 2025 Annual Meeting of Shareholders on May 28, 2025, at 8:00 a.m. Eastern Time in a virtual format only [1] - All shareholders of record as of April 21, 2025, are invited to attend the meeting by following the instructions in the Notice of Annual Meeting of Shareholders and accompanying proxy statement available on the SEC website [1]