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 global provider of shipping transportation services, primarily focused on the ownership and bareboat charter-in of dry bulk carriers. The company transports a wide range of dry bulk cargoes, including commodities such as iron ore, coal, grain, and other materials, across various shipping routes worldwide. As of December 31, 2025, Diana Shipping operated a fleet of 36 dry bulk carriers, comprising nine Ultramax, five Panamax, six Kamsarmax, four Post-Panamax, eight Capesize, and four Newcastlemax vessels, with a combined carrying capacity of approximately 4.1 million deadweight tons (dwt). The company serves customers globally, leveraging its fleet to meet the demand for seaborne transportation of bulk commodities.
Where is Diana Shipping Inc. listed and what currency does it trade in?
Diana Shipping Inc. is listed on the New York Stock Exchange (NYSE) under the symbol DSX-PB. The company's shares are traded in US Dollars (USD), which is the currency of the exchange. Being listed on a major US exchange provides the company with access to a broad investor base and enhances its visibility in the global financial markets. The NYSE listing also subjects the company to the regulatory oversight of the US Securities and Exchange Commission (SEC), ensuring transparency and adherence to reporting standards.
What sector and industry does Diana Shipping Inc. belong to?
Diana Shipping Inc. operates in the Industrials sector and specifically within the Marine Shipping industry. The Marine Shipping industry encompasses companies that provide transportation of goods and cargo via waterways, including oceans, seas, and inland waterways. As a marine shipping company, Diana Shipping focuses on the dry bulk segment, which involves the transport of unpackaged bulk cargo such as iron ore, coal, and grain. The Industrials sector includes a wide range of businesses involved in manufacturing, transportation, and infrastructure, and Diana Shipping's role in global trade makes it a key player in this sector.
Where is Diana Shipping Inc. headquartered and what markets does it serve?
Diana Shipping Inc. is headquartered in Athens, Greece, and was incorporated in 1999. The company serves global markets, providing shipping transportation services on various routes worldwide. Its fleet of dry bulk carriers transports commodities such as iron ore, coal, grain, and other materials to customers across different regions. While the company is based in Greece, its operations are international, with vessels chartered and owned to serve the needs of the global dry bulk shipping market. The company's strategic location in Athens, a major maritime hub, allows it to leverage expertise and connections in the shipping industry.
What is the business model of Diana Shipping Inc. 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 charters out to customers for the transportation of dry bulk cargoes. The company's fleet, as of December 31, 2025, consisted of 36 vessels with a combined capacity of about 4.1 million dwt, including various vessel types such as Ultramax, Panamax, Kamsarmax, Post-Panamax, Capesize, and Newcastlemax. Revenue is derived from time charters, voyage charters, and bareboat charters, where the company earns fees for providing vessels and crew to transport cargo. The company's earnings are influenced by global demand for commodities, shipping rates, and fleet utilization. Diana Shipping was formerly known as Diana Shipping Investments Corp. and rebranded in February 2005.