tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Diana Shipping Announces New Charter and Vessel Sale

Story Highlights
Diana Shipping Announces New Charter and Vessel Sale

TipRanks Black Friday Sale

Diana Shipping ( (DSX) ) has issued an update.

On November 21, 2025, Diana Shipping Inc. announced a new time charter contract for its Capesize dry bulk vessel, the m/v Seattle, with SwissMarine Pte. Ltd., Singapore. The charter is set to commence on November 26, 2025, with a gross rate of $24,500 per day, expected to generate approximately $12.62 million in gross revenue. Additionally, the company has finalized the sale of its Ultramax dry bulk vessel, m/v DSI Drammen, for approximately $26.40 million, with delivery by March 31, 2026. These strategic moves are likely to enhance Diana Shipping’s operational revenue and fleet optimization.

The most recent analyst rating on (DSX) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.

Spark’s Take on DSX Stock

According to Spark, TipRanks’ AI Analyst, DSX is a Neutral.

Diana Shipping’s overall stock score reflects a strong operational position with high fleet utilization and improved net income. However, financial performance is mixed due to declining revenues and potential liquidity concerns. The stock’s technical indicators are positive, and its valuation is reasonable, providing a balanced outlook.

To see Spark’s full report on DSX stock, click here.

More about Diana Shipping

Diana Shipping Inc. is a global provider of shipping transportation services, specializing in the ownership and bareboat charter-in of dry bulk vessels. The company primarily employs its vessels on short to medium-term time charters, transporting a range of dry bulk cargoes such as iron ore, coal, and grain along worldwide shipping routes.

Average Trading Volume: 320,646

Technical Sentiment Signal: Strong Sell

Current Market Cap: $203.8M

Find detailed analytics on DSX stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1