Diana Shipping Inc. — News

Diana Shipping NYSE: DSX reported higher second-quarter revenue, earnings and adjusted EBITDA as improved charter rates, lower interest expense and gains on equity securities supported profitability.

marketbeat.com - 2026-07-31 03:04:55

Diana Shipping Inc. (DSX) Q2 2026 Earnings Call Transcript

seekingalpha.com - 2026-07-30 17:43:23

ATHENS, Greece, July 30, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company” or “Diana”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today reported net income of $20.8 million and net income attributable to common stockholders of $19.3 million for the second quarter of 2026. This compares to net income of $4.5 million and net income attributable to common stockholders of $3.1 million for the second quarter of 2025. Earnings per share for the second quarter of 2026 were $0.17 basic and $0.16 diluted, compared to $0.03 basic and diluted in the same quarter of 2025.

globenewswire.com - 2026-07-30 08:57:00

VesselsValue Data Shows That Fleet Values Are Subject to Meaningful Fluctuation and Do Not Uniformly Support Genco's Claims

globenewswire.com - 2026-07-28 12:04:00

ATHENS, Greece, July 27, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Classic Maritime Inc., for one of its Newcastlemax dry bulk vessels, the m/v Philadelphia. The gross charter rate is US$35,500 per day, minus a 5.00% commission paid to third parties, for a period until minimum March 10, 2027 up to maximum May 10, 2027. The charter is expected to commence on August 8, 2026. The m/v Philadelphia is currently chartered, as previously announced, to Refined Success Limited, at a gross charter rate of US$21,500 per day, minus a 5.00% commission paid to third parties.

globenewswire.com - 2026-07-27 08:19:00

Offer of $27.34 Per Share, Comprised of $24.80 in Cash and One Diana Share, Remains on the Table Genco's Characterization of Advisor Engagement to Discuss the Price, Terms and Structure of Diana's Proposal Is False More Than Five Weeks After Diana's Most Recent Offer, the Genco Board Continues to Use Stall Tactics to Avoid Real Engagement Diana Terminates Tender Offer to Eliminate Genco's Latest Excuse for Failing to Engage Substantively ATHENS, Greece, July 27, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), today responded to Genco's false and misleading July 23 news release, which claimed that Genco's advisors had "engaged with Diana's advisors on multiple occasions in recent weeks to discuss the price, terms and structure of Diana's proposal." Diana also announced that its tender offer to acquire all outstanding shares of Genco not already owned by Diana expired on July 24, 2026, at 5:00 p.m.

globenewswire.com - 2026-07-27 07:00:00

ATHENS, Greece, July 23, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with Stone Shipping Ltd, for one of its Ice Class Panamax dry bulk vessels, the m/v Atalandi. The gross charter rate is US$16,500 per day, minus a 5.00% commission paid to third parties, for a period until minimum August 1, 2027 up to maximum September 30, 2027. The new charter period is expected to commence on August 5, 2026. The m/v Atalandi is currently chartered, as previously announced, at a gross charter rate of US$10,100 per day, minus a 5.00% commission paid to third parties.

globenewswire.com - 2026-07-23 08:54:00

ATHENS, Greece, July 20, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Fednav International Ltd., for one of its Ultramax dry bulk vessels, the m/v DSI Pegasus.

globenewswire.com - 2026-07-20 08:31:00

NEW YORK, July 14, 2026 (GLOBE NEWSWIRE) -- Capital Link is pleased to release the Q2 2026 edition of its Quarterly Shipping Insights-a carefully curated collection of original articles based on exclusive discussions with senior executives across the Container, Dry Bulk, LNG, LPG and Tanker sectors, as well as leading industry regulators, and service providers.

globenewswire.com - 2026-07-14 12:56:39

ATHENS, Greece, July 14, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that its financial results for the second quarter ended June 30, 2026 are scheduled to be released before the opening of the U.S. financial markets on Thursday, July 30, 2026.

globenewswire.com - 2026-07-14 07:05:00

11.1 Million, or 29.7% of Outstanding Shares Not Owned by Diana, Tendered into Offer as of July 10 Latest Direct Proposal of $27.34 Per Share, Comprised of $24.80 in Cash and One Diana Share, Remains on the Table ATHENS, Greece, July 13, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), today announced that its tender offer to acquire all outstanding shares of Genco not already owned by Diana has been extended to July 24, 2026, at 5:00 p.m., New York City time.

globenewswire.com - 2026-07-13 07:37:00

The Answer: Because the Genco Board Can't Take the Heat That Comes with Shareholders Expressing Their Views Genco Board Has Resorted to Arguing Petty Technicalities Instead of Engaging with Diana Keeps Making Hollow Claim That Shareholders Will Only Receive $24.80 Per Share if They Tender – The Truth is That Genco Shareholders Will Receive Nothing Because the Genco Board Continues to Maintain Its Poison Pill and Refuses to Negotiate a Value Creating Transaction Diana's Tender Offer Provides Shareholders with a Golden Opportunity to Deliver a Clear Message to the Genco Board That They Should Stop Stalling and Start Negotiating Based on Diana's Latest Proposal: $27.34 Per Share, Comprised of $24.80 in Cash and One Diana Share ATHENS, Greece, July 08, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), today asked Genco shareholders to consider a very simple question: Why is Genco so afraid of Diana's tender offer? The answer is very simple: the Genco Board of Directors (the “Genco Board”) knows very well that as more shares are tendered, the Genco Board runs out of excuses and becomes subject to more pressure to negotiate a transaction based on Diana's increased proposal to acquire the outstanding shares of Genco that it does not already own for $27.34 per share — comprised of $24.80 per share in cash plus one Diana share.

globenewswire.com - 2026-07-08 16:08:00

10,583,484 Shares, or 28.4% of Outstanding Shares Not Owned by Diana, Tendered into Offer as of June 26, 2026 Diana's $27.34 Per Share Offer Made Directly to Genco Board — Comprised of $24.80 in Cash and One Diana Share Valued at $2.54 — Remains on the Table, Providing an Opportunity to Deliver Premium Value for All Genco Shareholders Nearly Three Weeks After Receiving Diana's Offer, Genco Board Has Yet to Respond; By Tendering Their Shares, Shareholders Can Send a Clear Message to the Genco Board That They Should Negotiate a Transaction with Diana ATHENS, Greece, July 08, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), today issued a final reminder to Genco shareholders to tender their shares into Diana's tender offer to acquire all outstanding shares of Genco not already owned by Diana by July 10, 2026, at 5:00 p.m., New York City time.

globenewswire.com - 2026-07-08 07:04:00

ATHENS, Greece, July 07, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Aquavita International S.A., for one of its Kamsarmax dry bulk vessels, the m/v Medusa. The gross charter rate is US$16,850 per day, minus a 4.75% commission paid to third parties, for a period until minimum October 5, 2027 up to maximum December 20, 2027. The charter is expected to commence on July 10, 2026. The m/v Medusa is currently chartered, as previously announced, to Cargill International SΑ, Geneva, at a gross charter rate of US$13,000 per day, minus a 4.75% commission paid to third parties.

globenewswire.com - 2026-07-07 09:20:00

Fully Underwritten Commitment Arranged by DNB Carnegie and Nordea, with Participation from Leading International Banks $27.34 Per Share Offer Made to Genco Board — Comprised of $24.80 in Cash and One Diana Share Valued at $2.54 1 — Remains on the Table, Providing an Opportunity to Deliver Premium Value for Genco Shareholders Financing Extension, Combined with Shareholder Tender Support, Reflects Growing Momentum Behind Diana's Proposal and Its Unwavering Commitment to Negotiating a Transaction with Genco ATHENS, Greece, June 30, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), today announced an extension of the fully committed financing supporting Diana's offer to acquire the outstanding shares of Genco not already owned by Diana. The extension is a further demonstration of Diana's commitment to completing a transaction and of its banking partners' confidence in the strength and credibility of Diana's proposal.

globenewswire.com - 2026-06-30 12:04:00

10.6 Million, or 28.4% of Outstanding Shares Not Owned By Diana, Tendered into Offer as of June 26 $27.34 Per Share Offer Made to Genco Board — Comprised of $24.80 in Cash and One Diana Share Valued at $2.54 1 — Remains on the Table, Providing an Opportunity to Deliver Premium Value for Genco Shareholders Significant Show of Support for Diana's Tender Offer Sends Clear Message that Genco and Diana Should Negotiate a Transaction ATHENS, Greece, June 29, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), today announced that its tender offer to acquire all outstanding shares of Genco not already owned by Diana has been extended to July 10, 2026, at 5:00 p.m., New York City time.

globenewswire.com - 2026-06-29 06:30:00

ATHENS, Greece, June 24, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Paralos Shipping Pte. Ltd. for one of its Panamax dry bulk vessels, the m/v Ismene. The gross charter rate is US$15,750 per day, minus a 5.00% commission paid to third parties, for a period until minimum May 15, 2027, up to maximum July 15, 2027. The charter is expected to commence on July 05, 2026. The m/v Ismene is currently chartered, as previously announced, to CRC Shipping Pte. Ltd., at a gross charter rate of US$11,000 per day, minus a 5.00% commission paid to third parties.

globenewswire.com - 2026-06-24 09:02:00

Diana Shares Valued at $2.54 Per Share Based on Diana's Volume-Weighted Average Price for the 30 Days Ended on June 16, 2026

globenewswire.com - 2026-06-17 07:33:00

Raises Serious Questions About Governance Changes Designed to Benefit and Protect John Wobensmith Following His Appointment as Chairman

globenewswire.com - 2026-06-16 08:07:00

Amid Growing Opposition from Shareholders, Genco Board Continues to Further Entrench Itself by Refusing to Rescind the Poison Pill Should Shareholders Vote Against the Poison Pill as Recommended by ISS

globenewswire.com - 2026-06-15 06:30:00

Shareholders Have a Critical Opportunity to Send a Strong Message to Genco's Entrenched Board Significant Investor Support Emerging to Defeat Proposals to Ratify Genco's Poison Pill and Equity Incentive Plan — Both of Which ISS Has Recommended Shareholders Vote Against Diana Urges Genco Shareholders to Vote the GOLD Universal Proxy Card "FOR" Jens Ismar and Paul Cornell, Who Will Bring Fresh Perspectives to the Genco Board, "WITHHOLD" on Basil G. Mavroleon and Arthur L.

globenewswire.com - 2026-06-11 09:20:00

ISS Recommendation Cites Entrenchment Concerns While Diana's $24.80 Per Share All-Cash Offer is on the Table Glass Lewis Recognizes Diana as a "Serious and Committed Bidder" and Highlights Risks That the Rights Plan May Limit Shareholders' Ability to Evaluate any Current Offer Genco Board Resists Even Limited, Constructive Board Refresh with Two Independent Nominees Diana Urges Genco Shareholders to Vote the GOLD Universal Proxy Card "FOR" Jens Ismar and Paul Cornell, "WITHHOLD" on Basil G. Mavroleon and Arthur L.

globenewswire.com - 2026-06-09 15:17:00

Decision to Withdraw Four Nominees Reflects Diana's Commitment to Providing Shareholders an Opportunity to Affect Meaningful Change on the Genco Board Ismar and Cornell Bring a Fresh Perspective to the Genco Board with Decades of Proven Experience as Seasoned Drybulk Executives and Board Members Calls on Genco Shareholders to Vote the GOLD Universal Proxy Card "FOR" Jens Ismar and Paul Cornell and "WITHHOLD" on Genco Nominees Basil G. Mavroleon and Arthur L.

globenewswire.com - 2026-06-08 09:30:00

Diana Has Consistently Offered Approximately 1.0x NAV Based on the Same Broker Valuation Source Genco Itself Used for Five Years Genco Has Now Moved the Goalposts by Adopting a New Methodology It Has Never Previously Used to Further Entrench Itself and Avoid Engagement Genco's Demand for a Control Premium on Top of Inflated NAV Estimates Is Inconsistent With How Publicly Traded Shipping Companies Are Trading and How Comparable Transactions Have Been Priced Diana Calls on Genco to Agree to an Independent Valuation Process, Remove Its Poison Pill and Allow Genco Shareholders to Decide For Themselves Whether to Accept the Offer ATHENS, Greece, June 04, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), today addressed Genco's continued use of shifting valuation standards as a pretext for avoiding engagement with Diana's fully financed, all-cash offer of $24.80 per share. Diana has consistently offered to acquire Genco at approximately 1.0x its NAV, calculated based on the same VesselsValue broker valuations Genco itself used for more than five years, including for purposes of calculating the market value of Genco's fleet in its Q4 2025 earnings presentation published in February 2026, which is still available on Genco's website.

globenewswire.com - 2026-06-04 16:00:00

Response Definitively Confirms the Genco Board Rejects Engagement in Meaningful Negotiations Despite Diana's Repeated Good Faith Efforts

globenewswire.com - 2026-06-02 13:05:00

Genco Shipping and Trading (NYSE:GNK) has told shareholders to reject an unsolicited tender offer from Diana Shipping Inc., with its board concluding that the bid undervalues the drybulk shipping company's assets and business and fails to provide a control premium. The board reiterated its unanimous opposition to the offer on two grounds: that the price does not reflect the underlying value of Genco's fleet and operating platform, and that it carries no premium for control of one of the larger US-listed drybulk owners.

proactiveinvestors.com - 2026-06-02 12:02:06

Genco Shipping & Trading's board has unanimously rejected Diana Shipping's revised unsolicited buyout offer, saying the offer continues to meaningfully undervalue the company and its assets.

wsj.com - 2026-06-02 07:35:00

Details Why the Entrenched Genco Board Should Not Be Trusted to Act in Shareholders' Best Interests Contrasts Diana's Six Accomplished, Independent Nominees Against a Board That Has Spent Six Months and Over $13 Million Protecting Itself and Management Releases Video Message to Genco Shareholders from CEO Semiramis Paliou Outlining the Compelling Value of Diana's Offer and the Urgent Need for Board Change Calls on Genco Shareholders to Elect a Board That Will Finally Put Shareholders First by Voting the GOLD Universal Proxy Card "FOR" Diana's Six Independent Director Nominees ATHENS, Greece, May 31, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), today sent an open letter to Genco shareholders making the definitive case for electing Diana's six independent director nominees to the Genco Board of Directors (the “Genco Board”) — Gustave Brun-Lie, Paul Cornell, Chao Sih Hing Francois, Jens Ismar, Viktoria Poziopoulou and Quentin Soanes — at Genco's 2026 Annual Meeting of Shareholders to be held on June 18, 2026. In today's letter, Diana draws a sharp contrast between its six independent nominees — accomplished shipping, finance, M&A and legal executives with proven track records of creating and maximizing shareholder value — and the entrenched Genco Board, which has consistently prioritized management's compensation and control over the interests of the shareholders it is supposed to represent.

globenewswire.com - 2026-05-31 14:52:00

Diana Shipping's Rally Has Not Fixed The Ship

seekingalpha.com - 2026-05-29 11:20:44

ATHENS, Greece, May 29, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (the "Company"), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that the Company's Annual Meeting of Shareholders (the "Meeting") was duly held on May 28, 2026, in a virtual format only via the Internet. Broadridge Financial Solutions, Inc. acted as inspector of the Meeting.

globenewswire.com - 2026-05-29 09:00:00

Diana Shipping Inc. (DSX) Q1 2026 Earnings Call Transcript

seekingalpha.com - 2026-05-28 15:14:07

Diana Shipping NYSE: DSX reported a sharply higher first-quarter profit as the dry bulk shipowner benefited from improved charter rates, lower interest expense and an unrealized gain tied to its investment in Genco Shipping & Trading.

marketbeat.com - 2026-05-28 13:09:04

ATHENS, Greece, May 28, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today reported net income of $29.1 million and net income attributed to common stockholders of $27.7 million for the first quarter of 2026. This compares to net income of $3.0 million and net income attributable to common stockholders of $1.6 million for the first quarter of 2025. Earnings per share for the first quarter of 2026 was $0.25 basic and diluted, compared to $0.01 basic and diluted for the same quarter of 2025.

globenewswire.com - 2026-05-28 08:35:00

NEW YORK, May 27, 2026 (GLOBE NEWSWIRE) -- Genco Shipping and Trading Limited (NYSE: GNK) ("Genco" or the "Company"), the largest U. S. headquartered drybulk shipowner focused on the global transportation of commodities, today confirmed that Diana Shipping, Inc. (NYSE: DSX) has announced a revised tender offer to acquire all outstanding common shares of Genco not already owned by Diana at a price of $24.

globenewswire.com - 2026-05-27 11:12:12

Increase Reflects Net Asset Value at Cyclically High Asset Values and Diana's Unwavering Commitment to Completing a Value-Maximizing Transaction for All Genco Shareholders

globenewswire.com - 2026-05-27 09:08:00

Offer of $23.50 Per Share Represents 31% Premium to Undisturbed Share Price and 1.0x NAV — a Price Genco Shareholders Have Almost Never Seen in the Open Market

globenewswire.com - 2026-05-19 16:55:00

Genco's Current Share Price Is Artificially Inflated and – if Diana's $23.50 Per Share Offer is Taken Off the Table – Could Decline to Approximately $17.50 Per Share, Reflecting Persistent Discount to NAV at Which It Has Historically Traded

globenewswire.com - 2026-05-18 07:05:00

ATHENS, Greece, May 15, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with Oldendorff Carriers GmbH & Co. KG, for one of its Post-Panamax dry bulk vessels, the m/v Polymnia. The gross charter rate is US$20,000 per day, minus a 5.00% commission paid to third parties, for a period until minimum March 1, 2027 up to maximum April 30, 2027. The new charter period is expected to commence on June 1, 2026. The m/v Polymnia is currently chartered, as previously announced, at a gross charter rate of US$14,000 per day, minus a 5.00% commission paid to third parties.

globenewswire.com - 2026-05-15 09:12:00

ATHENS, Greece, May 14, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that its financial results for the first quarter ended March 31, 2026 are scheduled to be released before the opening of the U.S. financial markets on Thursday, May 28, 2026. The Company's management will conduct a conference call and simultaneous Internet webcast to review these results at 9:00 A.M.

globenewswire.com - 2026-05-14 09:13:00

Visit  www.CashforGenco.com for Details on Genco Board and Management's Pattern of Entrenchment and Extensive Governance Failures at the Expense of Shareholders

globenewswire.com - 2026-05-12 07:53:00

Details Six-Month Campaign of Entrenchment and Diversion by a Board That Has Completely Refused to Engage on a Fully Financed, All-Cash Offer at a 31% Premium

globenewswire.com - 2026-05-07 16:55:00

Brings Offer Directly to Genco Shareholders After Genco Board's Five-Month Refusal to Engage on Fully Financed, All-Cash Proposals, Denying Shareholders the Opportunity to Realize Meaningful, Immediate Value

globenewswire.com - 2026-05-04 07:37:00