- CEO
- Semiramis Paliou
- Full Time Employees
- 939
- Sector
- Industrials
- Industry
- Marine Shipping
- Address
- Pendelis 16 Athens GH Greece 175 64
- IPO Date
- Feb 12, 2014
- Business
- Diana Shipping Inc. (NYSE: DSX) is a global shipping company that owns and bareboat charter-ins dry bulk vessels to transport dry bulk cargoes worldwide, including iron ore, coal, grains, steel products, cement and fertilizers; its fleet as of September 2025 comprises 37 vessels excluding two undelivered methanol dual-fuel newbuilding Kamsarmaxes -- 4 Newcastlemax, 8 Capesize (some bareboat chartered-in), 4 Post-Panamax, 6 Kamsarmax, 5 Panamax and 10 Ultramax (including one partial interest via joint venture) -- with a combined carrying capacity of approximately 4.1 million dwt and a weighted-average age of 11.82 years. The fleet deploys primarily on medium- to long-term time charters and occasional voyage charters to major charterers such as mining companies, agricultural firms and commodity traders; operations focus on key global shipping routes with vessels managed by wholly owned subsidiary Diana Shipping Services S.A. and the 50/50 joint venture Diana Wilhelmsen Management Limited with Wilhelmsen Ship Management. Founded in 1999 and headquartered in Athens, Greece, where it maintains principal executive offices, the company, incorporated in the Marshall Islands, listed on the NYSE in 2005 after changing its name from Diana Shipping Investments Corp. in February that year. Recent developments include a November 2025 cash proposal to acquire all remaining shares of Genco Shipping & Trading Ltd. following a gradual stake buildup, alongside divestment of m/v DSI Drammen (delivery to buyer by late October 2025), two methanol dual-fuel Kamsarmax newbuildings slated for 2027-2028 delivery from Tsuneishi Group (Zhoushan) Shipbuilding, and ongoing fleet optimization through sales and charters.