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The latest update is out from Diana Shipping ( (DSX) ).
On June 26, 2025, Diana Shipping Inc. announced a new time charter contract for its Ultramax dry bulk vessel, the m/v DSI Polaris, with Cargill Ocean Transportation. The contract, commencing on July 1, 2025, is expected to generate approximately $4.66 million in gross revenue for the minimum scheduled period. This move is part of Diana Shipping’s strategy to enhance its fleet operations, which will consist of 36 dry bulk vessels following the sale of m/v Selina. The company also plans to expand its fleet with two methanol dual fuel new-building Kamsarmax vessels by 2028.
Spark’s Take on DSX Stock
According to Spark, TipRanks’ AI Analyst, DSX is a Neutral.
Diana Shipping’s overall score is primarily influenced by its mixed financial performance, with strong profit margins offset by declining revenues and cash flow concerns. Technical indicators suggest neutral momentum, while strategic investments provide some optimism against a backdrop of market challenges.
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 vessels are primarily employed on short to medium-term time charters, transporting a range of dry bulk cargoes such as iron ore, coal, and grain across worldwide shipping routes.
Average Trading Volume: 274,801
Technical Sentiment Signal: Sell
Current Market Cap: $174.8M
See more data about DSX stock on TipRanks’ Stock Analysis page.