{"id":968109,"date":"2026-05-28T08:41:36","date_gmt":"2026-05-28T12:41:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/diana-shipping-inc-reports-financial-results-for-the-first-quarter-ended-march-31-2026-declares-cash-dividend-of-0-01-per-common-share\/"},"modified":"2026-05-28T08:41:36","modified_gmt":"2026-05-28T12:41:36","slug":"diana-shipping-inc-reports-financial-results-for-the-first-quarter-ended-march-31-2026-declares-cash-dividend-of-0-01-per-common-share","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/diana-shipping-inc-reports-financial-results-for-the-first-quarter-ended-march-31-2026-declares-cash-dividend-of-0-01-per-common-share\/","title":{"rendered":"Diana Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2026; Declares Cash Dividend of $0.01 Per Common Share"},"content":{"rendered":"
\n

ATHENS, Greece, May 28, 2026 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the \u201cCompany\u201d), 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.<\/p>\n

Time charter revenues were $54.7 million for the first quarter of 2026, compared to $54.9 million for the same quarter of 2025. The slight decrease in time charter revenues, compared to the same quarter of the prior year, was due to decreased ownership days following the sale of one vessel and was partially offset by higher average charter rates and improved fleet utilization.<\/p>\n

\n Dividend Declaration<\/strong>\n <\/p>\n

The Company has declared a cash dividend on its common stock of $0.01 per share, based on the Company\u2019s results of operations during the first quarter ended March 31, 2026. The cash dividend will be payable on or about June 18, 2026, to all common shareholders of record as of June 10, 2026. As of May 27, 2026, the Company had 124,402,479 common shares issued and outstanding and 15,689,643 warrants outstanding.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n Fleet Employment (As of May 26, 2026)<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\n VESSEL<\/strong>\n <\/td>\n\u00a0<\/td>\n\n SISTER SHIPS*<\/strong>
\n \n <\/td>\n		\n GROSS RATE (USD PER DAY)<\/strong>
\n \n <\/td>\n		\n COM**<\/strong>
\n \n <\/td>\n		\n CHARTERERS<\/strong>
\n \n <\/td>\n		\n DELIVERY DATE TO CHARTERERS***<\/strong>
\n \n <\/td>\n		\n REDELIVERY DATE TO OWNERS****<\/strong>
\n \n <\/td>\n		\n NOTES<\/strong>
\n \n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\n BUILT DWT<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n 9 Ultramax Bulk Carriers<\/strong>\n <\/td>\n<\/tr>\n
1<\/td>\nDSI Phoenix<\/td>\n\u00a0<\/td>\nA<\/td>\n13,500<\/td>\n4.75<\/td>\n%<\/td>\nCargill Ocean Transportation (Singapore) Pte. Ltd.<\/td>\n8-Aug-25<\/td>\n1\/Oct\/2026 – 30\/Nov\/2026<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2017 60,456<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
2<\/td>\nDSI Pollux<\/td>\n\u00a0<\/td>\nA<\/td>\n14,750<\/td>\n5.00<\/td>\n%<\/td>\nStone Shipping Ltd<\/td>\n9-Dec-25<\/td>\n1\/Jan\/2027 – 28\/Feb\/2027<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2015 60,446<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
3<\/td>\nDSI Pyxis<\/td>\n\u00a0<\/td>\nA<\/td>\n13,100<\/td>\n5.00<\/td>\n%<\/td>\nStone Shipping Ltd<\/td>\n8-Nov-24<\/td>\n3-May-26<\/td>\n1<\/td>\n<\/tr>\n
\u00a0<\/td>\n2018 60,362<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16,000<\/td>\n5.00<\/td>\n%<\/td>\nOldendorff GmbH & Co. KG<\/td>\n3-May-26<\/td>\n15\/Jun\/2027 – 15\/Aug\/2027<\/td>\n\u00a0<\/td>\n<\/tr>\n
4<\/td>\nDSI Polaris<\/td>\n\u00a0<\/td>\nA<\/p>\n<\/td>\n12,250<\/td>\n4.75<\/td>\n%<\/td>\nCargill Ocean Transportation (Singapore) Pte. Ltd.<\/td>\n1-Jul-25<\/td>\n21\/Jul\/2026 – 21\/Sep\/2026<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2018 60,404<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
5<\/td>\nDSI Pegasus<\/td>\n\u00a0<\/td>\nA<\/td>\n14,250<\/td>\n4.75<\/td>\n%<\/td>\nCargill Ocean Transportation (Singapore) Pte. Ltd<\/td>\n15-Aug-25<\/td>\n30\/May\/2026 – 20\/Jul\/2026<\/td>\n2<\/p>\n<\/td>\n<\/tr>\n
\u00a0<\/td>\n2015 60,508<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
6<\/td>\nDSI Aquarius<\/td>\n\u00a0<\/td>\nB<\/td>\n14,500<\/td>\n5.00<\/td>\n%<\/td>\nBunge SA, Geneva<\/td>\n7-Nov-25<\/td>\n1\/Nov\/2026 – 31\/Dec\/2026<\/td>\n3<\/td>\n<\/tr>\n
\u00a0<\/td>\n2016 60,309<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
7<\/td>\nDSI Aquila<\/td>\n\u00a0<\/td>\nB<\/td>\n14,500<\/td>\n5.00<\/td>\n%<\/td>\nBunge SA, Geneva<\/td>\n12-Oct-25<\/td>\n25\/Feb\/2027 – 25\/Apr\/2027<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2015 60,309<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
8<\/td>\nDSI Altair<\/td>\n\u00a0<\/td>\nB<\/td>\n14,750<\/td>\n5.00<\/td>\n%<\/td>\nBunge SA, Geneva<\/td>\n19-Jan-26<\/td>\n15\/Jan\/2027 – 30\/Mar\/2027<\/td>\n4<\/td>\n<\/tr>\n
\u00a0<\/td>\n2016 60,309<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
9<\/td>\nDSI Andromeda<\/td>\n\u00a0<\/td>\nB<\/td>\n14,600<\/td>\n5.00<\/td>\n%<\/td>\nWestern Bulk Carriers AS<\/td>\n7-Dec-25<\/td>\n1\/Apr\/2027 – 31\/May\/2027<\/td>\n5<\/td>\n<\/tr>\n
\u00a0<\/td>\n2016 60,309<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n 5 Panamax Bulk Carriers<\/strong>\n <\/td>\n<\/tr>\n
10<\/td>\nLETO<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12,750<\/td>\n4.75<\/td>\n%<\/td>\nCargill International SA, Geneva<\/td>\n4-Apr-25<\/td>\n16\/Jul\/2026 – 16\/Sep\/2026<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2010 81,297<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
11<\/td>\nMAERA<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11,750<\/td>\n5.00<\/td>\n%<\/td>\nCRC Shipping Pte. Ltd., Singapore<\/td>\n3-Nov-25<\/td>\n20\/Oct\/2026 – 20\/Dec\/2026<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2013 75,403<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
12<\/td>\nISMENE<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11,000<\/td>\n5.00<\/td>\n%<\/td>\nCRC Shipping Pte. Ltd.<\/td>\n24-Apr-25<\/td>\n14-Jun-26<\/td>\n2,6<\/td>\n<\/tr>\n
\u00a0<\/td>\n2013 77,901<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
13<\/td>\nCRYSTALIA<\/td>\n\u00a0<\/td>\nC<\/td>\n13,900<\/td>\n5.00<\/td>\n%<\/td>\nLouis Dreyfus Company Freight Asia Pte. Ltd.<\/td>\n4-May-24<\/td>\n14-Mar-26<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2014 77,525<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16,200<\/td>\n5.00<\/td>\n%<\/td>\nSwissMarine Pte. Ltd., Singapore<\/td>\n14-Mar-26<\/td>\n10\/Mar\/2027 – 10\/May\/2027<\/td>\n\u00a0<\/td>\n<\/tr>\n
14<\/td>\nATALANDI<\/td>\n\u00a0<\/td>\nC<\/td>\n10,100<\/td>\n5.00<\/td>\n%<\/td>\nStone Shipping Ltd<\/td>\n8-Jun-25<\/td>\n15\/Jun\/2026 – 15\/Aug\/2026<\/td>\n7<\/td>\n<\/tr>\n
\u00a0<\/td>\n2014 77,529<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n 6 Kamsarmax Bulk Carriers<\/strong>\n <\/td>\n<\/tr>\n
15<\/td>\nMAIA<\/td>\n\u00a0<\/td>\nD<\/td>\n11,600<\/td>\n5.00<\/td>\n%<\/td>\nParalos Shipping Pte. Ltd.<\/td>\n9-Dec-24<\/td>\n16-Jan-26<\/td>\n8<\/p>\n<\/td>\n<\/tr>\n
\u00a0<\/td>\n2009 82,193<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14,000<\/td>\n5.00<\/td>\n%<\/td>\n16-Jan-26<\/td>\n5\/Jul\/2027 – 5\/Sep\/2027<\/td>\n<\/tr>\n
16<\/td>\nMYRSINI<\/td>\n\u00a0<\/td>\nD<\/td>\n13,000<\/td>\n4.75<\/td>\n%<\/td>\nCargill International SA, Geneva<\/td>\n26-Feb-25<\/td>\n3-Jan-26<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2010 82,117<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13,500<\/td>\n5.00<\/td>\n%<\/td>\nParalos Shipping Pte. Ltd.<\/td>\n3-Jan-26<\/td>\n20\/Dec\/2026 – 20\/Feb\/2027<\/td>\n\u00a0<\/td>\n<\/tr>\n
17<\/td>\nMEDUSA<\/td>\n\u00a0<\/td>\nD<\/td>\n13,000<\/td>\n4.75<\/td>\n%<\/td>\nCargill International SA, Geneva<\/td>\n16-Mar-25<\/td>\n30\/May\/2026 – 15\/Jul\/2026<\/td>\n2<\/td>\n<\/tr>\n
\u00a0<\/td>\n2010 82,194<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
18<\/td>\nMYRTO<\/td>\n\u00a0<\/td>\nD<\/td>\n12,000<\/td>\n5.00<\/td>\n%<\/td>\nNippon Yusen Kabushiki Kaisha, Tokyo<\/td>\n23-Dec-24<\/td>\n10-Apr-26<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2013 82,131<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16,650<\/td>\n5.00<\/td>\n%<\/td>\n10-Apr-26<\/td>\n20\/Sep\/2027 – 20\/Nov\/2027<\/td>\n\u00a0<\/td>\n<\/tr>\n
19<\/td>\nASTARTE<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12,500<\/td>\n5.00<\/td>\n%<\/td>\nPropel Shipping Pte. Ltd.<\/td>\n2-Aug-25<\/td>\n16\/Aug\/2026 – 16\/Oct\/2026<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2013 81,513<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
20<\/td>\nLEONIDAS P. C.<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14,000<\/td>\n5.00<\/td>\n%<\/td>\nNippon Yusen Kabushiki Kaisha, Tokyo<\/td>\n24-Sep-25<\/td>\n15\/Sep\/2026 – 15\/Nov\/2026<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2011 82,165<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n 4 Post-Panamax Bulk Carriers<\/strong>\n <\/td>\n<\/tr>\n
21<\/td>\nAMPHITRITE<\/td>\n\u00a0<\/td>\nE<\/td>\n12,100<\/td>\n5.00<\/td>\n%<\/td>\nCobelfret S.A., Luxembourg<\/p>\n<\/td>\n8-Jan-25<\/td>\n12-Feb-26<\/td>\n9<\/td>\n<\/tr>\n
\u00a0<\/td>\n2012 98,697<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16,500<\/td>\n5.00<\/td>\n%<\/td>\n12-Feb-26<\/td>\n1\/Mar\/2027 – 30\/Apr\/2027<\/td>\n10<\/td>\n<\/tr>\n
22<\/td>\nPOLYMNIA<\/td>\n\u00a0<\/td>\nE<\/td>\n14,000<\/td>\n5.00<\/td>\n%<\/td>\nOldendorff Carriers GmbH & Co. KG<\/td>\n17-Aug-25<\/td>\n1-Jun-26<\/td>\n11<\/p>\n<\/td>\n<\/tr>\n
\u00a0<\/td>\n2012 98,704<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n20,000<\/td>\n5.00<\/td>\n%<\/td>\n1-Jun-26<\/td>\n1\/Mar\/2027 – 30\/Apr\/2027<\/td>\n<\/tr>\n
23<\/td>\nELECTRA<\/td>\n\u00a0<\/td>\nF<\/td>\n14,000<\/td>\n5.00<\/td>\n%<\/td>\nOldendorff Carriers GmbH & Co. KG<\/td>\n7-Dec-25<\/td>\n1\/Dec\/2026 – 31\/Jan\/2027<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2013 87,150<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
24<\/td>\nPHAIDRA<\/td>\n\u00a0<\/td>\nF<\/td>\n9,750<\/td>\n5.00<\/td>\n%<\/td>\nSwissMarine Pte. Ltd., Singapore<\/td>\n31-May-25<\/td>\n27-Feb-26<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2013 87,146<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14,500<\/td>\n5.00<\/td>\n%<\/td>\nNippon Yusen Kabushiki Kaisha, Tokyo<\/td>\n27-Feb-26<\/td>\n20\/Feb\/2027 – 20\/Apr\/2027<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n 8 Capesize Bulk Carriers<\/strong>\n <\/td>\n<\/tr>\n
25<\/td>\nSEMIRIO<\/td>\n\u00a0<\/td>\nG<\/td>\n16,650<\/td>\n5.00<\/td>\n%<\/td>\nSolebay Shipping Cape Company Limited, Hong Kong<\/td>\n11-Feb-25<\/td>\n15-Mar-26<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2007 174,261<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21,650<\/td>\n5.00<\/td>\n%<\/td>\n15-Mar-26<\/td>\n31\/Jan\/2027 – 15\/Apr\/2027<\/td>\n<\/tr>\n
26<\/td>\nNEW YORK<\/td>\n\u00a0<\/td>\nG<\/td>\n17,600<\/td>\n5.00<\/td>\n%<\/td>\nSwissMarine Pte. Ltd., Singapore<\/td>\n11-Jan-25<\/td>\n1-May-26<\/td>\n12<\/p>\n<\/td>\n<\/tr>\n
\u00a0<\/td>\n2010 177,773<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n27,500<\/td>\n5.00<\/td>\n%<\/td>\nRefined Success Limited<\/td>\n1-May-26<\/td>\n1\/Feb\/2028 – 31\/Mar\/2028<\/td>\n<\/tr>\n
27<\/td>\nSEATTLE<\/td>\n\u00a0<\/td>\nH<\/td>\n24,500<\/td>\n5.00<\/td>\n%<\/td>\nSwissMarine Pte. Ltd., Singapore<\/td>\n29-Nov-25<\/td>\n1\/May\/2027 – 30\/Jun\/2027<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2011 179,362<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
28<\/td>\nP. S. PALIOS<\/td>\n\u00a0<\/td>\nH<\/td>\n25,200<\/td>\n5.00<\/td>\n%<\/td>\nGlencore Freight Pte. Ltd.<\/td>\n15-Dec-25<\/td>\n15\/Nov\/2026 – 15\/Jan\/2027<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2013 179,134<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
29<\/td>\nG. P. ZAFIRAKIS<\/td>\n\u00a0<\/td>\nI<\/td>\n26,800<\/td>\n5.00<\/td>\n%<\/td>\nNippon Yusen Kabushiki Kaisha, Tokyo<\/td>\n16-Sep-24<\/td>\n16\/Aug\/2026 – 16\/Nov\/2026<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2014 179,492<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
30<\/td>\nSANTA BARBARA<\/td>\n\u00a0<\/td>\nI<\/td>\n25,500<\/td>\n5.00<\/td>\n%<\/td>\nDampskibsselskabet Norden A\/S<\/td>\n27-Nov-25<\/td>\n1\/Mar\/2027 – 30\/Apr\/2027<\/td>\n13<\/td>\n<\/tr>\n
\u00a0<\/td>\n2015 179,426<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
31<\/td>\nNEW ORLEANS<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n26,000<\/td>\n5.00<\/td>\n%<\/td>\nSwissMarine Pte. Ltd., Singapore<\/td>\n31-Oct-25<\/td>\n1\/Dec\/2026 – 15\/Feb\/2027<\/td>\n13<\/td>\n<\/tr>\n
\u00a0<\/td>\n2015 180,960<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
32<\/td>\nFLORIDA<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25,900<\/td>\n5.00<\/td>\n%<\/td>\nBunge S.A., Geneva<\/td>\n29-Mar-22<\/td>\n29\/Jan\/2027 – 29\/May\/2027<\/td>\n6<\/td>\n<\/tr>\n
\u00a0<\/td>\n2022 182,063<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n 4 Newcastlemax Bulk Carriers<\/strong>\n <\/td>\n<\/tr>\n
33<\/td>\nLOS ANGELES<\/td>\n\u00a0<\/td>\nJ<\/td>\n24,000<\/td>\n5.00<\/td>\n%<\/td>\nMOL Ocean Bulk Pte. Ltd., Singapore<\/td>\n1-Nov-25<\/td>\n10\/Sep\/2026 – 1\/Nov\/2026<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2012 206,104<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
34<\/td>\nPHILADELPHIA<\/td>\n\u00a0<\/td>\nJ<\/td>\n21,500<\/td>\n5.00<\/td>\n%<\/td>\nRefined Success Limited<\/td>\n29-May-25<\/td>\n9\/Jun\/2026 – 8\/Aug\/2026<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2012 206,040<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
35<\/td>\nSAN FRANCISCO<\/td>\n\u00a0<\/td>\nK<\/td>\n26,000<\/td>\n5.00<\/td>\n%<\/td>\nSwissMarine Pte. Ltd., Singapore<\/td>\n1-Mar-25<\/td>\n25\/Oct\/2026 – 25\/Dec\/2026<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2017 208,006<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
36<\/td>\nNEWPORT NEWS<\/td>\n\u00a0<\/td>\nK<\/p>\n<\/td>\n25,000<\/td>\n5.00<\/td>\n%<\/td>\nBohai Ocean Shipping (Singapore) Holding Pte. Ltd.<\/td>\n16-Jun-25<\/td>\n1\/Sep\/2026 – 31\/Oct\/2026<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n2017 208,021<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
* Each dry bulk carrier is a \u201csister ship\u201d, or closely similar, to other dry bulk carriers that have the same letter.<\/td>\n<\/tr>\n
** Total commission percentage paid to third parties.<\/td>\n<\/tr>\n
*** In case of newly acquired vessel with time charter attached, this date refers to the expected\/actual date of delivery of the vessel to the Company.<\/td>\n<\/tr>\n
**** Range of redelivery dates, with the actual date of redelivery being at the Charterers\u2019 option, but subject to the terms, conditions, and exceptions of the particular charterparty.<\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n
1 Charterers have agreed to compensate the Owners, for any time in excess of the Charter Party period to be paid at double the agreed hire rate or the rate of 115% of the average of the relevant Baltic Tess 58 Supramax Index, for the days exceeding the period or the vessel\u2019s present Charter Party rate, whichever of the two is higher.<\/td>\n<\/tr>\n
2\u00a0Based on latest information.<\/td>\n<\/tr>\n
3\u00a0Vessel on scheduled drydocking from April 5, 2026 to May 2, 2026.<\/td>\n<\/tr>\n
4 Vessel on scheduled drydocking from December 27, 2025 to January 19, 2026.<\/td>\n<\/tr>\n
5 Bareboat chartered-in for a period of ten years.<\/td>\n<\/tr>\n
6 Charterers have agreed to compensate the Owners, for any time in excess of the charter party period to be paid at the rate of 100% of the average of the Baltic Panamax Index 5TC average for the days exceeding the period or the vessel\u2019s present charter party rate whichever is higher.<\/td>\n<\/tr>\n
7 The charter rate was US$9,000 per day for the first thirty-five (35) days of the charter period.<\/td>\n<\/tr>\n
8 Charterers have agreed to compensate the Owners, for all the days over and above the maximum redelivery date (December 31, 2025), at a hire rate of 105% of the average of the Baltic Panamax Index 5TC or the vessel\u2019s present charter party rate whichever of the two is higher.<\/td>\n<\/tr>\n
9 The charter rate was US$8,750 per day for the first fifty (50) days of the charter period.<\/td>\n<\/tr>\n
10 The charter rate was US$13,000 per day for the first thirty (30) days of the charter period.<\/td>\n<\/tr>\n
11 Estimated date.<\/td>\n<\/tr>\n
12 The charter rate was US$6,300 per day for the first trip of the charter period.<\/td>\n<\/tr>\n
13 Bareboat chartered-in for a period of eight years.<\/td>\n<\/tr>\n
\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n Summary of Selected Financial & Other Data (unaudited)<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n Three months ended March 31,<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n 2026<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n STATEMENT OF INCOME DATA (in thousands of US Dollars)<\/strong>\n <\/td>\n<\/tr>\n
Time charter revenues<\/td>\n$<\/td>\n54,735<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n54,937<\/td>\n\u00a0<\/td>\n<\/tr>\n
Voyage expenses<\/td>\n\u00a0<\/td>\n3,070<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,950<\/td>\n\u00a0<\/td>\n<\/tr>\n
Vessel operating expenses<\/td>\n\u00a0<\/td>\n19,468<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n19,950<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net income<\/td>\n\u00a0<\/td>\n29,149<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,997<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net income attributable to common stockholders<\/td>\n\u00a0<\/td>\n27,707<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,555<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n FLEET DATA <\/strong>\n <\/td>\n<\/tr>\n
Average number of vessels<\/td>\n\u00a0<\/td>\n36.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n37.8<\/td>\n\u00a0<\/td>\n<\/tr>\n
Number of vessels<\/td>\n\u00a0<\/td>\n36.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n37.0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Weighted average age of vessels (by DWT)<\/td>\n\u00a0<\/td>\n12.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11.4<\/td>\n\u00a0<\/td>\n<\/tr>\n
Ownership days<\/td>\n\u00a0<\/td>\n3,240<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,401<\/td>\n\u00a0<\/td>\n<\/tr>\n
Available days<\/td>\n\u00a0<\/td>\n3,222<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,303<\/td>\n\u00a0<\/td>\n<\/tr>\n
Operating days<\/td>\n\u00a0<\/td>\n3,219<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,289<\/td>\n\u00a0<\/td>\n<\/tr>\n
Fleet utilization<\/td>\n\u00a0<\/td>\n99.9<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n99.6<\/td>\n%<\/td>\n<\/tr>\n
\n AVERAGE DAILY RESULTS <\/strong>\n <\/td>\n<\/tr>\n
Time charter equivalent (TCE) rate (1)<\/td>\n$<\/td>\n16,035<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n15,739<\/td>\n\u00a0<\/td>\n<\/tr>\n
Daily vessel operating expenses (2)<\/td>\n$<\/td>\n6,009<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5,866<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n Non-GAAP Measures<\/strong>\n <\/p>\n

(1)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Time charter equivalent rate, or TCE, is defined as our time charter revenues less voyage expenses for a period divided by the number of our available days for the period. Our method of computing TCE rate may not necessarily be comparable to TCE rates of other companies due to differences in methods of calculation. TCE is a non-GAAP measure, and management believes it is useful to investors because it is a standard shipping industry performance measure used primarily to compare daily earnings generated by vessels on time charters with daily earnings generated by vessels on voyage charters, because charter hire rates for vessels on voyage charters are generally not expressed in per day amounts while charter hire rates for vessels on time charters are generally expressed in such amounts. TCE is used by management to assess and compare the vessel profitability.<\/p>\n

(2)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Daily vessel operating expenses, which include crew wages and related costs, the cost of insurance, expenses relating to repairs and maintenance, the costs of spares and consumable stores, tonnage taxes and other miscellaneous expenses, are calculated by dividing vessel operating expenses by ownership days for the relevant period.<\/p>\n

\n Conference Call and Webcast Information<\/strong>\n <\/p>\n

The Company\u2019s management will conduct a conference call and simultaneous Internet webcast to review these results at 9:00 A.M. (Eastern Time) on Thursday, May 28, 2026.<\/p>\n

Investors may access the webcast by visiting the Company\u2019s website at www.dianashippinginc.com, and clicking on the webcast link. An accompanying investor presentation also will be available via the webcast link and on the Company\u2019s website. The conference call also may be accessed by telephone by dialing 1-877-407-8291 (for U.S.-based callers) or 1-201-689-8345 (for international callers), and asking the operator for the Diana Shipping Inc. conference call.<\/p>\n

A replay of the webcast will be available soon after the completion of the call and will be accessible for 30 days on www.dianashippinginc.com. A telephone replay also will be available for 30 days by dialing 1-877-660-6853 (for U.S.-based callers) or 1-201-612-7415 (for international callers) and providing the Replay ID number 13760464.<\/p>\n

\n About the Company<\/strong>\n <\/p>\n

Diana Shipping Inc. is a global provider of shipping transportation services through its ownership and bareboat charter-in of dry bulk vessels. The Company\u2019s vessels are employed primarily on short to medium-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.<\/p>\n

\n Cautionary Statement Regarding Forward-Looking Statements<\/strong>\n <\/p>\n

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.<\/p>\n

The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words \u201cbelieve,\u201d \u201canticipate,\u201d \u201cintends,\u201d \u201cestimate,\u201d \u201cforecast,\u201d \u201cproject,\u201d \u201cplan,\u201d \u201cpotential,\u201d \u201cmay,\u201d \u201cshould,\u201d \u201cexpect,\u201d \u201cpending\u201d and similar expressions identify forward-looking statements.<\/p>\n

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, Company management\u2019s examination of historical operating trends, data contained in the Company\u2019s records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond the Company\u2019s control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.<\/p>\n

In addition to these important factors, other important factors that, in the Company\u2019s view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk shipping capacity, changes in the Company\u2019s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Company\u2019s vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, tariff policies and other trade restrictions, potential liability from pending or future litigation, general domestic and international political conditions, including risks associated with the continuing conflict between Russia and Ukraine and related sanctions, potential disruption of shipping routes due to accidents or political events, including the escalation of the conflict in the Middle East, vessel breakdowns and instances of off-hires and other factors. Please see the Company\u2019s filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.<\/p>\n

(See financial tables attached)<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n DIANA SHIPPING INC.<\/strong>\n <\/td>\n<\/tr>\n
\n FINANCIAL TABLES<\/strong>\n <\/td>\n<\/tr>\n
Expressed in thousands of U.S. Dollars, except share and per share data<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n UNAUDITED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n Three months ended March 31,<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n 2026<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\n REVENUES:<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Time charter revenues<\/td>\n$<\/td>\n54,735<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n54,937<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n OPERATING EXPENSES<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Voyage expenses<\/td>\n\u00a0<\/td>\n3,070<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,950<\/td>\n\u00a0<\/td>\n<\/tr>\n
Vessel operating expenses<\/td>\n\u00a0<\/td>\n19,468<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n19,950<\/td>\n\u00a0<\/td>\n<\/tr>\n
Depreciation and amortization of deferred charges<\/td>\n\u00a0<\/td>\n11,995<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11,243<\/td>\n\u00a0<\/td>\n<\/tr>\n
General and administrative expenses<\/td>\n\u00a0<\/td>\n8,694<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8,190<\/td>\n\u00a0<\/td>\n<\/tr>\n
Management fees to a related party<\/td>\n\u00a0<\/td>\n278<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n333<\/td>\n\u00a0<\/td>\n<\/tr>\n
Gain on sale of vessels<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,496<\/td>\n)<\/td>\n<\/tr>\n
Other operating loss\/(income)<\/td>\n\u00a0<\/td>\n(72<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n160<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Operating income, total<\/strong>\n <\/td>\n$<\/td>\n11,302<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n13,607<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n OTHER INCOME\/(EXPENSE)<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Interest expense and finance costs<\/td>\n\u00a0<\/td>\n(9,820<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(11,078<\/td>\n)<\/td>\n<\/tr>\n
Interest and other income<\/td>\n\u00a0<\/td>\n3,937<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,863<\/td>\n\u00a0<\/td>\n<\/tr>\n
Gain\/(loss) on derivative instruments<\/td>\n\u00a0<\/td>\n131<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(160<\/td>\n)<\/td>\n<\/tr>\n
Loss on related party investments<\/td>\n\u00a0<\/td>\n(105<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,058<\/td>\n)<\/td>\n<\/tr>\n
Gain on equity securities<\/td>\n\u00a0<\/td>\n26,422<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
Gain\/(Loss) on warrants<\/td>\n\u00a0<\/td>\n(2,233<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n41<\/td>\n\u00a0<\/td>\n<\/tr>\n
Loss from equity method investments<\/td>\n\u00a0<\/td>\n(485<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(218<\/td>\n)<\/td>\n<\/tr>\n
\n Total other expenses, net<\/strong>\n <\/td>\n$<\/td>\n17,847<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n(10,610<\/td>\n)<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Net income<\/strong>\n <\/td>\n$<\/td>\n29,149<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,997<\/td>\n\u00a0<\/td>\n<\/tr>\n
Dividends on series B preferred shares<\/td>\n\u00a0<\/td>\n(1,442<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1,442<\/td>\n)<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Net income attributable to common stockholders<\/strong>\n <\/td>\n\u00a0<\/td>\n27,707<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,555<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Earnings per common share, basic and diluted<\/strong>\n <\/td>\n$<\/td>\n0.25<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n0.01<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Weighted average number of common shares outstanding, basic<\/strong>\n <\/td>\n\u00a0<\/td>\n112,017,738<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n109,520,824<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Weighted average number of common shares outstanding, diluted<\/strong>\n <\/td>\n\u00a0<\/td>\n112,265,031<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n109,520,824<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n Three months ended March 31,<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n 2026<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Net Income<\/strong>\n <\/td>\n$<\/td>\n29,149<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,997<\/td>\n\u00a0<\/td>\n<\/tr>\n
Currency translation adjustment<\/td>\n\u00a0<\/td>\n(1,002<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n–<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Comprehensive Income<\/strong>\n <\/td>\n$<\/td>\n28,147<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,997<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\n CONDENSED CONSOLIDATED BALANCE SHEET DATA<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
(in thousands of U.S. Dollars)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n March 31, 2026<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n December 31, 2025<\/strong>*<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n
\n ASSETS<\/u>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n(unaudited)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Cash, cash equivalents and restricted cash<\/td>\n$<\/td>\n124,489<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n122,255<\/td>\n\u00a0<\/td>\n<\/tr>\n
Investments in equity securities<\/td>\n\u00a0<\/td>\n144,617<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n118,194<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other current assets<\/td>\n\u00a0<\/td>\n19,824<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n22,426<\/td>\n\u00a0<\/td>\n<\/tr>\n
Fixed assets<\/td>\n\u00a0<\/td>\n818,634<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n826,663<\/td>\n\u00a0<\/td>\n<\/tr>\n
Investments in related parties and equity method investments<\/td>\n\u00a0<\/td>\n54,067<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n53,875<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other noncurrent assets<\/td>\n\u00a0<\/td>\n27,218<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n26,779<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total assets<\/strong>\n <\/td>\n$<\/td>\n1,188,849<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,170,192<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n
\n LIABILITIES AND STOCKHOLDERS’ EQUITY<\/u>
\n <\/strong>\n <\/td>\n		\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Long-term debt and finance liabilities, net of deferred financing costs<\/td>\n$<\/td>\n621,112<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n636,109<\/td>\n\u00a0<\/td>\n<\/tr>\n
Other liabilities<\/td>\n\u00a0<\/td>\n37,792<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n31,670<\/td>\n\u00a0<\/td>\n<\/tr>\n
Total stockholders’ equity<\/td>\n\u00a0<\/td>\n529,945<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n502,413<\/td>\n\u00a0<\/td>\n<\/tr>\n
\n Total liabilities and stockholders’ equity<\/strong>\n <\/td>\n$<\/td>\n1,188,849<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,170,192<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
*\u00a0 The balance sheet data has been derived from the audited consolidated financial statements on that date.<\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n\n\n\n\n\n\n\n\n
\n OTHER FINANCIAL DATA (unaudited)<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n Three months ended March 31,<\/strong>\n <\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\n 2026<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\n 2025<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net cash provided by operating activities<\/td>\n$<\/td>\n20,324<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n17,212<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net cash provided by investing activities<\/td>\n\u00a0<\/td>\n99<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10,544<\/td>\n\u00a0<\/td>\n<\/tr>\n
Net cash used in financing activities<\/td>\n$<\/td>\n(18,189<\/td>\n)<\/td>\n\u00a0<\/td>\n$<\/td>\n(39,769<\/td>\n)<\/td>\n<\/tr>\n<\/table>\n

\n \n <\/p>\n

\n
\n Corporate Contact:<\/em>
\n <\/strong>
\n
Margarita Veniou
Chief Corporate Development, Governance &
Communications Officer and Secretary
Telephone: + 30-210-9470-100
Email:mveniou@dianashippinginc.com<\/a>
Website:www.dianashippinginc.com<\/a>
X:@Dianaship<\/u><\/p>\n

\n
\n Investor Relations\/Media Contact:<\/em>
\n <\/strong>
\n
Nicolas Bornozis \/ Daniela Guerrero
Capital Link, Inc.
230 Park Avenue, Suite 1540
New York, N.Y. 10169
Tel.: (212) 661-7566
Email:diana@capitallink.com<\/a><\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

ATHENS, Greece, May 28, 2026 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the \u201cCompany\u201d), 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. Time charter revenues were $54.7 million for the first quarter of 2026, compared to $54.9 million for … <\/p>\n

Continue reading “Diana Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2026; Declares Cash Dividend of $0.01 Per Common Share”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-968109","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nDiana Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2026; Declares Cash Dividend of $0.01 Per Common Share - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/diana-shipping-inc-reports-financial-results-for-the-first-quarter-ended-march-31-2026-declares-cash-dividend-of-0-01-per-common-share\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Diana Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2026; Declares Cash Dividend of $0.01 Per Common Share - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ATHENS, Greece, May 28, 2026 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE: DSX), (the \u201cCompany\u201d), 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. Time charter revenues were $54.7 million for the first quarter of 2026, compared to $54.9 million for … Continue reading "Diana Shipping Inc. 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