tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Diana Shipping Announces Sale of Ultramax Vessel

Story Highlights
Diana Shipping Announces Sale of Ultramax Vessel

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

On September 18, 2025, Diana Shipping Inc. announced the sale of its 2016-built Ultramax dry bulk vessel, m/v DSI Drammen, to an unaffiliated third party for approximately $26.86 million. This transaction, expected to be completed by October 31, 2025, is part of a limited partnership where Diana Shipping holds a 25% interest. This sale reflects the company’s strategic fleet management and could impact its operational capacity and market positioning.

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 is primarily influenced by its mixed financial performance and technical indicators suggesting overbought conditions. The earnings call provided some positive insights, but challenges such as liquidity concerns and market softness weigh on the score.

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 variety of dry bulk cargoes such as iron ore, coal, and grain across worldwide shipping routes.

Average Trading Volume: 318,816

Technical Sentiment Signal: Sell

Current Market Cap: $221.1M

See more insights into 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