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DSX

Diana Shipping Inc.

https://www.dianashippinginc.com

Industry

Marine Shipping

Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes worldwide. As of April 13, 2022, it operated a fleet of 35 dry bulk vessels, including 4 Newcastlemax, 12 Capesize, 5 Post-Panamax, 6 Kamsarmax, and 8 Panamax. The company was formerly known as Diana Shipping Investments Corp. and changed its name to Diana Shipping Inc. in February 2005. Diana Shipping Inc. was incorporated in 1999 and is based in Athens, Greece.

Open

2.18

Mkt cap

272M

Volume

549K

High

2.19

P/E Ratio

24.11

52-wk high

3.53

Low

2.14

Div yield

0.17

52-wk low

2.14

Diana Shipping Inc. (NYSE: DSX) will release its Q3 2024 financial results on November 25, 2024, before the U.S. markets open. The company specializes in dry bulk vessel ownership and chartering.

Portfolio Pulse from

November 07, 2024 | 2:30 pm

Diana Shipping Inc. has secured an $80.2 million amended loan facility with Danish Ship Finance to refinance an existing loan. The new 7-year loan, maturing in April 2031, is secured by seven vessels, enhancing the company's capital structure and operational flexibility.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 1:27 pm

Diana Shipping has secured a time charter contract for its vessel m/v Selina with Raffles Shipping at a rate of $10,500 per day. This contract is expected to generate approximately $1.39 million in revenue for a minimum period, with the charter running until March 1, 2025 - April 20, 2025. Diana Shipping's fleet consists of 38 dry bulk vessels with a total capacity of 4.2 million dwt.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 1:19 pm

Diana Shipping Inc. has extended its time charter contract with Aquavita International for the vessel m/v Phaidra, expected to generate $2.4M in gross revenue for the minimum period. The charter rate is $12,000 per day, minus a 4.75% commission, from October 2024 to mid-2025.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2024 | 1:24 pm

Diana Shipping has secured a time charter contract for its vessel m/v DSI Altair with Propel Shipping at a rate of $15,750 per day, starting on September 26, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 1:25 pm

Diana Shipping Inc. has secured a time charter contract for its vessel m/v DSI Pegasus with Cargill Ocean Transportation, expected to generate approximately $4.09 million in gross revenue. The contract runs from September 2024 to mid-2025 at a rate of $15,250 per day.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 1:32 pm

Diana Shipping Inc. (NYSE:DSX) has entered into a time charter contract with NYK Line for its Capesize vessel, m/v G. P. Zafirakis, at a rate of $26,800 per day. This contract is expected to generate approximately $18.49 million in gross revenue over a minimum period of 23 months.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 1:39 pm

Diana Shipping Inc. (NYSE:DSX) has announced a time charter contract with Paralos Shipping for its Kamsarmax dry bulk vessel, m/v Astarte, at a gross rate of $14,000 per day. The contract will run from August 18, 2024, to between July 15, 2025, and September 15, 2025.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 1:13 pm

Diana Shipping (NYSE:DSX) reported Q2 2024 GAAP EPS of $(0.04), missing the $0.03 estimate. Sales were $56.000 million, missing the $57.773 million estimate and down from $67.379 million last year.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:26 pm

Diana Shipping has signed a $167.3 million six-year secured term loan facility with Nordea Bank and has drawn the full amount immediately.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2024 | 1:26 pm

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