Diana Shipping(US:DSX)2025-05-29 18:05Financial Performance - The company secured revenues of US$124 million [20] - The company has US$1877 million of cash [20] - The company's net debt to market value is 42% [20] - Time charter revenues for the first quarter of 2025 were US$549 million, compared to US$576 million in the first quarter of 2024 [32] - Net income for the first quarter of 2025 was US$30 million, compared to US$21 million in the first quarter of 2024 [32] Fleet and Operations - The company's fleet has a carrying capacity of 41 million DWT [20] - The average age of the company's fleet is 1157 years [20] - The average fleet utilization for the three months ended March 31, 2025, was 996% [20] - The company has 37 vessels on the water [20] Chartering Strategy - As of May 22, 2025, the company secured US$868 million of contracted revenues for 66% of the remaining ownership days of 2025 [24] - The company secured US$365 million of contracted revenues for 13% of the ownership days of 2026 [24]