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Recent Updates — DSX

September 16, 2026View Source ↗

Diana Shipping Inc. entered into a time charter contract for its Kamsarmax dry bulk vessel, the m/v Astarte, with Aquavita International S.A. The agreement specifies a gross charter rate of US$17,000 per day, less a 4.75% commission, running from September 20, 2026, until a minimum of September 1, 2027, and maximum November 15, 2027. This replaces the previous charter with Propel Shipping Pte. Ltd., which paid US$12,500 per day. The new employment is expected to generate approximately US$5.81 million in gross revenue during the minimum period. Diana Shipping Inc. operates a fleet of 36 dry bulk vessels and provides global shipping transportation services for commodities such as iron ore, coal, and grain.

August 25, 2026View Source ↗

Diana Shipping Inc. extended the time charter for its Panamax dry bulk vessel, m/v Leto, with Cargill International SA until at least September 1, 2027. The new gross charter rate is US$18,000 per day, up from the current rate of US$12,750 per day, generating approximately US$6.34 million in gross revenue for the minimum period. The extension commences on September 10, 2026. Diana Shipping Inc. operates in the global shipping industry, specializing in the ownership and bareboat charter-in of dry bulk vessels to transport commodities such as iron ore, coal, and grain.

August 14, 2026View Source ↗

Diana Shipping Inc. withdrew its offer to acquire Genco Shipping & Trading Limited on August 14, 2026, following demands from Genco's board that Diana considers unreasonable. The original proposal consisted of $24.80 in cash and one Diana share valued at $2.54 per Genco share. Genco countered with a demand for $27.50 in cash, $2.00 in dividends, and three Diana shares per Genco share, implying total consideration of approximately $36.91 per share. This counter-demand represents a 57% premium to Genco’s undisturbed share price at the time of Diana's last offer. Diana stated that no credible acquirer could meet these terms and accused Genco's board of misalignment with shareholder interests. The company remains Genco's largest shareholder and intends to continue holding the board accountable for its commitments regarding standalone value and dividend growth. Diana Shipping Inc. operates in the global shipping industry, specializing in the ownership and bareboat charter-in of dry bulk vessels.

August 7, 2026View Source ↗

Diana Shipping Inc. announced on August 7, 2026, that it entered into a time charter contract with Nippon Yusen Kabushiki Kaisha for its Capesize dry bulk vessel, the m/v Florida. The agreement specifies a gross charter rate of US$30,500 per day, less a 5% commission, for a duration between 32 and 35.5 months, with commencement expected in the second quarter of 2027. This replaces an existing charter with Bunge S.A. at $25,900 per day. The new contract is projected to generate approximately US$29.28 million in gross revenue over the minimum term. Diana Shipping Inc. operates as a global provider of shipping transportation services through the ownership and bareboat charter-in of dry bulk vessels.

July 13, 2026View Source ↗

Diana Shipping Inc. extended its tender offer to acquire all outstanding shares of Genco not already owned by the company. The new expiration date for the offer is July 24, 2026, at 5:00 p.m. New York City time. The company operates in the shipping industry, providing maritime transportation services.