Diana Shipping Inc.
https://www.dianashippinginc.com
Diana Shipping Inc. is a global provider of shipping transportation services, specializing in the ownership and bareboat charter-in of dry bulk vessels. The company's mission is to manage and expand its fleet to enhance shareholder value through maintaining a high-quality fleet, strategic expansion, balanced chartering strategies, a strong balance sheet, and efficient operations. The company is headquartered in Athens, Greece.
Diana Shipping Inc. primarily offers services through the ownership and bareboat charter-in of dry bulk vessels, transporting a range of commodities such as iron ore, coal, and grain along worldwide shipping routes. As of April 29, 2026, its fleet comprises 36 dry bulk vessels, including Newcastlemax, Capesize, Post-Panamax, Kamsarmax, Panamax, and Ultramax types, with a combined carrying capacity of approximately 4.1 million deadweight tons. The company also anticipates the delivery of two methanol dual-fuel new-building Kamsarmax vessels by the first half of 2028. Its fleet is managed by its wholly-owned subsidiary, Diana Shipping Services S.A., and a 50/50 joint venture with Wilhelmsen Ship Management, named Diana Wilhelmsen Management Limited.
Led by CEO Semiramis Paliou, Diana Shipping Inc. is publicly traded on the New York Stock Exchange under the ticker DSX, with a market capitalization of approximately $310-317 million as of early May 2026. Recent activities include securing time charter contracts for two vessels, the m/v New York and m/v DSI Pyxis, on April 29, 2026, projected to generate around $23.76 million in gross revenue. The company has also been involved in an attempted acquisition of Genco Shipping & Trading Limited, which Genco's board rejected. Diana Shipping Inc. emphasizes its commitment to environmental sustainability and transparent ESG reporting within the maritime industry.
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