Loading
DSXPRB 12/18/2014 3:54PM
Price: 24.94 Chg: 1.04 %Chg: +4.35%
DSX 12/18/2014 4:01PM
Price: 6.41 Chg: 0.00 %Chg: 0.00%


About Us

Diana Shipping Inc. (NYSE: DSX) is a global provider of shipping transportation services. We specialize in the ownership of dry bulk vessels. As of December 12, 2014 our fleet consists of 39 dry bulk vessels (2 Newcastlemax, 11 Capesize, 3 Post-Panamax, 3 Kamsarmax and 20 Panamax). The company also expects to take delivery of one new-building Capesize dry bulk vessel by mid-January 2015, as well as two new-building Newcastlemax dry bulk vessels and one new-building Kamsarmax dry bulk vessel during the second quarter of 2016. As of the same date, the combined carrying capacity of our fleet, excluding the four vessels not yet delivered, is approximately 4.4 million dwt with a weighted average age of 7.0 years.

Our fleet is managed by our wholly-owned subsidiary Diana Shipping Services S.A. Please visit our manager’s website at www.dianashippingservices.com.

Diana Shipping Inc. also owns approximately 26.3% of the issued and outstanding shares of Diana Containerships Inc. (NASDAQ: DCIX), a leading global provider of shipping transportation services through its ownership of containerships, that currently owns and operates eleven container vessels (4 Post-Panamax and 7 Panamax).

Among the distinguishing strengths that we believe provide us with a competitive advantage in the dry bulk shipping industry are the following:

  • We own a modern, high quality fleet of dry bulk carriers.
  • Our fleet includes groups of sister ships, providing operational and scheduling flexibility, as well as cost efficiencies.
  • We have an experienced management team.
  • We benefit from the experience and reputation of Diana Shipping Services S.A., our fleet manager.
  • We benefit from strong relationships with members of the shipping and financial industries.
  • We have a strong balance sheet and a low level of indebtedness.

Our main objective is to manage and expand our fleet in a manner that will enable us to enhance shareholder value. To accomplish this objective, we intend to pursue highly focused business strategies, including: maintaining a high quality fleet; strategically expanding the size of our fleet; pursuing an appropriate balance of short-term and long-term time charters; maintaining a strong balance sheet; and maintaining low cost, highly efficient operations. In addition, we intend to capitalize on our reputation for high standards of performance, reliability and safety to establish and maintain relationships with major international charterers and financial institutions.
 

Management

Simeon P. Palios
Chief Executive Officer
Anastasios C. Margaronis
President
Andreas Michalopoulos
Chief Financial Officer and Treasurer
Ioannis Zafirakis
Chief Operating Officer and Secretary
Maria Dede
Chief Accounting Officer
 

 

Our Fleet

As of December 12, 2014 our fleet consists of 39 dry bulk vessels (2 Newcastlemax, 11 Capesize, 3 Post-Panamax, 3 Kamsarmax and 20 Panamax). The company also expects to take delivery of one new-building Capesize dry bulk vessel by mid-January 2015, as well as two new-building Newcastlemax dry bulk vessels and one new-building Kamsarmax dry bulk vessel during the second quarter of 2016.
 
As of the same date, the combined carrying capacity of our fleet, excluding the four vessels not yet delivered, is approximately 4.4 million dwt with a weighted average age of 7.0 years.

view more...

 

Culture

News

2014

Contact us

Diana Shipping Inc.
c/o Diana Shipping Services S.A.
Pendelis 16
175 64 Palaio Faliro
Athens, Greece

CORPORATE CONTACT

Mr. Ioannis Zafirakis
Director, Chief Operating Officer and Secretary
Tel: + 30-210-9470-100
Fax: + 30-210-9470-101
E-mail: izafirakis@dianashippinginc.com
 

INVESTOR AND MEDIA RELATIONS

Mr. Edward Nebb
Comm-Counselors, LLC
724 Valley Road
New Canaan, Connecticut 06840
Tel: + 1-203-972-8350
Email: enebb@optonline.net

EMPLOYMENT

The Company's sole office is located in Athens, Greece. Diana Shipping Inc. does not offer employment opportunities over the Internet or through advertisements of any kind. Moreover, it should be made clear that we do not get involved in employee visa matters. However, seamen wishing to gain employment on one of our vessels should visit the official website of Diana Shipping Services S.A. at www.dianashippingservices.com.

ATTENTION:
PLEASE NOTE THAT DIANA SHIPPING INC. HAS NEVER APPOINTED ANY OTHER COMPANY OR INDIVIDUAL TO HANDLE APPLICATIONS FOR EMPLOYMENT.