Diana Shipping Inc. (DSX.PB) company profile
Close on Oct 30, 2026Market cap $289.47MP/E 22.7Yield 1.60%
About Diana Shipping
Deep Sea Foreign Transportation of Freight, SIC 4412
Diana Shipping Inc. is a maritime transport company that operates in the dry bulk shipping sector. The company provides ocean transportation services by chartering out its fleet of dry bulk vessels. It primarily offers short-term time charters to carry bulk commodities across international trade routes. Its commercial clients include global charterers, trading houses, and logistics firms that require seaborne freight capacity for dry bulk cargo.
The company maintains an international operational scope with vessels that call at commercial ports worldwide, including active operations in China. Diana Shipping is incorporated under the laws of the Republic of the Marshall Islands and conducts business through various international subsidiaries. Its principal executive offices and corporate headquarters are located in Palaio Faliro, Athens, Greece.
Summary of the business section of Diana Shipping's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Diana Shipping Inc.
- Headquarters
- Athens, J3
- Address
- Pendelis 16, 175 64 Palaio Faliro 00000
- Phone
- 30-210-947-0100
- Website
- dianashippinginc.com
- Industry
- Deep Sea Foreign Transportation of Freight
- Auditor
- Ernst & Young (Hellas) Certified Auditors Accountants S.A., Athens, Greece
Stock & identifiers
- Ticker
- DSX.PB
- Other tickers
- DSX, DSX.WT
- Exchange
- NYSE
- IPO date
- Mar 23, 2005
- Shares outstanding
- 116M, Dec 31, 2025
- Filer category
- Accelerated filer
- SEC CIK
- 1318885
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Semiramis Paliou | Chief Executive Officer, Director | 18,210,394 |
| Ioannis Zafirakis | President, Director | 4,948,678 |
| Maria Dede | Co-CFO and Treasurer | 3,681 |
| Evangelos Sfakiotakis | Chief Technical Officer | – |
| Margarita Veniou | Secretary | – |
| Maria-Christina Tsemani | Chief People & Culture Officer | – |
| Anastasios Margaronis | Director | 9,851,998 |
| Eleftherios Papatrifon | Director | 1,342,923 |
| Symeon Palios | Director | 5,963,837 |
| Apostolos Kontoyannis | Director | 1,314,941 |
| Kyriacos Riris | Director | 966,758 |
| Jane Sih Ho CHAO | Director | 185,326 |
| Simon Frank Peter Morecroft | Director | 247,699 |
IPO
From the final prospectus (Form 424B4) and the first day of trading
Offering
- Type
- Initial public offering
- Final prospectus filed
- Dec 7, 2005
- Offer price
- $13.50
- Securities offered
- 5,000,000
- Gross proceeds
- $67.50M
- Exchange
- NYSE
- Lock-up ends (est.)
- Jun 5, 2006
“Per Share Total Public Offering Price $ 13.50 $ 67,500,000 Underwriting Discount $ 0.7425 $ 3,712,500 Proceeds, Before Expenses, To Us $ 12.7575 $ 63,787,500 The underwriters have a 30-day option to purchase up to 750,000 additional shares of our common stock from us to cover any over-allotments.”
Lock-up end is estimated as 180 days after the first trading day; the prospectus sets the actual terms.
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| May 4, 2026 | Tender offer | Third-party tender offer for the company's shares |
| Dec 13, 2023 | Listing | Registration of securities on an exchange (Form 8-A) |
| Oct 29, 2018 | Delisting | Notice of delisting from exchange (Form 25) |
| Jan 15, 2016 | Listing | Registration of securities on an exchange (Form 8-A) |
| May 28, 2015 | Listing | Registration of securities on an exchange (Form 8-A) |
| Feb 13, 2014 | Listing | Registration of securities on an exchange (Form 8-A) |
| Mar 15, 2005 | Listing | Registration of securities on an exchange (Form 8-A) |