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Diana Shipping Secures New Charter for m/v Electra and Cancels DSI Drammen Sale

Story Highlights
  • Diana Shipping announced a new charter for m/v Electra with Oldendorff Carriers.
  • The company terminated the sale agreement for m/v DSI Drammen, initially set for October 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Diana Shipping Secures New Charter for m/v Electra and Cancels DSI Drammen Sale

TipRanks Black Friday Sale

An announcement from Diana Shipping ( (DSX) ) is now available.

On November 17, 2025, Diana Shipping Inc. announced a new time charter contract for its Post-Panamax vessel, m/v Electra, with Oldendorff Carriers GmbH & Co. KG. The contract, commencing on December 4, 2025, is expected to generate approximately $5 million in gross revenue over its term. Additionally, the company terminated a previously announced sale agreement for the Ultramax vessel m/v DSI Drammen, which was initially scheduled for delivery by October 31, 2025. These strategic decisions reflect Diana Shipping’s ongoing efforts to optimize its fleet operations and maintain its market position in the dry bulk shipping industry.

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 mixed financial performance with stable profitability but declining revenues and cash flow concerns. The earnings call provided positive insights into management effectiveness and strategic initiatives, offsetting some financial weaknesses. The valuation is reasonable, and technical indicators suggest neutral momentum.

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’s fleet is primarily employed 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: 338,571

Technical Sentiment Signal: Sell

Current Market Cap: $207.2M

For a thorough assessment of DSX stock, go to TipRanks’ Stock Analysis page.

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