Diamond S Shipping Inc.

Diamond S Shipping Inc.

DSSI
Diamond S Shipping Inc.US flagNew York Stock Exchange
9.69
USD
+0.19
- -
384.82MMarket Cap
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Craig H. Stevenson Jr.
Full Time Employees
1,501
Sector
Energy
Industry
Oil & Gas Midstream
Address
33 Benedict Pl Ste 2 Greenwich CT United States of America 06830
IPO Date
Mar 18, 2019
Business
Diamond S Shipping Inc. (DSSI), founded in 2018 and headquartered in Greenwich, Connecticut, owns and operates a fleet of crude and product tankers providing seaborne transportation of crude oil, refined petroleum products, and other liquids in international shipping markets; the fleet comprises crude tankers including 15 Suezmax vessels and one Aframax vessel, alongside approximately 50 medium-range (MR) product tankers such as Alkiviadis, Arionas, Aiolos, and Agisilaos, with an aggregate deadweight tonnage capacity of roughly five million tons targeting energy majors and commodity traders globally across key trading routes in the Atlantic, Pacific, and Indian Ocean regions. Incorporated in the Marshall Islands and previously listed on the New York Stock Exchange under the ticker DSSI, the company operates within the oil and gas transportation services industry through its two primary segments of crude and product carriers, serving customers including refiners, producers, and traders with a focus on spot and time charter contracts. In a major strategic development completed on July 16, 2021, Diamond S Shipping merged with International Seaways Inc. (INSW) in an all-stock transaction valued at approximately $416 million, under which DSSI became a subsidiary of INSW, the surviving entity trading on NYSE:INSW; this transformational merger combined fleets to form one of the largest U.S.-listed tanker operators by vessel count (over 100 vessels) and deadweight tonnage, enhancing scale in Suezmax, Aframax, LR1/Panamax, and MR sectors while delivering expected annual cost synergies exceeding $23 million and revenue synergies of $9 million, with no significant subsequent changes, acquisitions, or operational shifts reported as of late 2025 amid a potentially delisted status for DSSI.

Company News

APIChat
  • International Seaways Completes Merger With Diamond S Shipping

  • International Seaways and Diamond S Shipping Announce Expiration of HSR Waiting Period

  • International Seaways and Diamond S Shipping Announce Expiration of HSR Waiting Period

  • International Seaways and Diamond S Shipping Announce Expiration of HSR Waiting Period

  • International Seaways and Diamond S Shipping Announce Expiration of HSR Waiting Period

  • Diamond S Shipping (DSSI) Reports Q1 Loss, Tops Revenue Estimates

  • Diamond S Shipping Inc. Reports First Quarter 2021 Results

  • Diamond S Shipping Inc. Reports First Quarter 2021 Results

  • Diamond S Shipping (DSSI) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

  • SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Diamond S Shipping, Inc. - DSSI

  • DIAMOND S SHIPPING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Diamond S Shipping Inc. - DSSI

  • DIAMOND S SHIPPING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Diamond S Shipping Inc. - DSSI

  • 5 Stocks to Watch out for Following Broker Rating Upgrade

  • Another shipping stock bites the dust as big tanker fleets merge

  • SHAREHOLDER ALERT: WeissLaw LLP Investigates Diamond S Shipping Inc.

  • Diamond S Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Diamond S Shipping Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – DSSI

  • Diamond S Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Diamond S Shipping Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – DSSI

  • International Seaways and Diamond S Shipping Announce Merger

  • International Seaways and Diamond S Shipping Announce Merger

  • International Seaways and Diamond S Shipping Announce Merger