Diana Shipping Secures New Charter for m/v Newport News

The latest update is out from Diana Shipping ( (DSX) ).

On June 2, 2025, Diana Shipping Inc. announced a new time charter contract for its Newcastlemax dry bulk vessel, m/v Newport News, with Bohai Ocean Shipping (Singapore) Holding Pte. Ltd. The contract, commencing on June 14, 2025, is set at a gross charter rate of $25,000 per day, minus a 5% commission, and is expected to last until at least September 1, 2026. This new charter is anticipated to generate approximately $10.95 million in gross revenue for the company, enhancing its operational revenue and market positioning in the dry bulk shipping industry.

Spark’s Take on DSX Stock

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

Diana Shipping’s overall stock score reflects a moderate financial performance with significant challenges in revenue and cash flow. Technical analysis provides a neutral outlook, while the valuation is weighed down by high P/E ratio and external market pressures. The earnings call presents a cautiously optimistic view, highlighting strategic efforts to navigate industry challenges. Addressing cash flow and revenue growth remains critical.

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

Average Trading Volume: 270,477

Technical Sentiment Signal: Sell

Current Market Cap: $176M

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