Diana Shipping shipps transportation services globally. It also engages in the ownership and bareboat charter-in of dry bulk carriers. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and materials in shipping routes.
December 31, 2025, the company had a fleet of 36 dry bulk carriers, owned and chartered-in, consisting of nineUltramax, five Panamax, six Kamsarmax, four Post-Panamax, eight Capesize and four Newcastlemaxvessels, having a combined carrying capacity of approximately 4.1 million dwt.
Formerly known as Diana Shipping Investments Corp., the company rebranded as Diana Shipping Inc. in February 2005. Diana Shipping Inc. was incorporated in 1999 and is based in Athens, Greece.
Diana Shipping Inc. is a marine shipping company that provides global transportation services for dry bulk cargoes. The company owns and bareboat charters-in dry bulk carriers to transport a range of commodities, including iron ore, coal, grain, and other materials across various shipping routes. As of December 31, 2025, Diana Shipping operated a fleet of 36 dry bulk vessels, comprising nine Ultramax, five Panamax, six Kamsarmax, four Post-Panamax, eight Capesize, and four Newcastlemax ships, with a combined carrying capacity of approximately 4.1 million deadweight tons (dwt). The company was originally incorporated in 1999 and is headquartered in Athens, Greece.
Where is Diana Shipping Inc. (DSX) listed and what currency does it use?
Diana Shipping Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol DSX. The company's financial reporting and trading currency is the US Dollar (USD). Being listed on a major US exchange provides the company with access to a broad base of international investors and liquidity. The use of USD facilitates transactions in the global shipping industry, where many contracts are denominated in US dollars.
What sector and industry does Diana Shipping Inc. (DSX) belong to?
Diana Shipping Inc. operates in the Industrials sector and specifically within the Marine Shipping industry. This classification reflects the company's core business of owning and operating dry bulk carriers for the transportation of commodities across oceans. The marine shipping industry is capital-intensive and cyclical, with demand driven by global trade in raw materials such as iron ore, coal, and grain. As a dry bulk shipping company, Diana Shipping plays a vital role in the supply chain for these essential commodities.
Where is Diana Shipping Inc. (DSX) headquartered and what markets does it serve?
Diana Shipping Inc. is headquartered in Athens, Greece, and its operations are focused on providing shipping transportation services globally. The company's fleet transports dry bulk cargoes on various international shipping routes, serving customers worldwide. Greece has a long maritime tradition and is home to many leading shipping companies. Diana Shipping's global reach allows it to serve markets that require the movement of bulk commodities, such as iron ore, coal, and grain, connecting producers with consumers across different continents.
What is the business model of Diana Shipping Inc. (DSX) and how does it generate revenue?
Diana Shipping Inc. generates revenue primarily through the ownership and bareboat charter-in of dry bulk carriers, which it then operates to transport cargoes for customers. The company earns income from time charters and voyage charters, where it is paid for the use of its vessels over a period or for specific voyages. As of December 31, 2025, Diana Shipping's fleet consisted of 36 dry bulk carriers with a combined capacity of about 4.1 million dwt, including various vessel classes such as Ultramax, Panamax, Kamsarmax, Post-Panamax, Capesize, and Newcastlemax. The company's revenue is tied to global demand for dry bulk shipping, which is influenced by economic conditions and trade flows. Diana Shipping was formerly known as Diana Shipping Investments Corp. and rebranded in February 2005.