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Diana Shipping ( (DSX) ) has issued an announcement.
On June 16, 2025, Diana Shipping Inc. announced the sale of its 2010-built Panamax vessel ‘Selina’ to an unaffiliated third party for approximately $11.8 million, with delivery expected by August 15, 2025. This sale will reduce Diana Shipping’s fleet to 36 dry bulk vessels, and the company plans to expand its fleet with two methanol dual fuel Kamsarmax vessels by 2028. This strategic move reflects Diana Shipping’s ongoing efforts to optimize its fleet composition and enhance its market position 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 is driven by strong operational management and strategic investments highlighted in the earnings call. However, financial performance issues such as declining revenues and liquidity concerns, combined with market uncertainties, temper the 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’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 along worldwide shipping routes.
Average Trading Volume: 280,660
Technical Sentiment Signal: Sell
Current Market Cap: $194.5M
For a thorough assessment of DSX stock, go to TipRanks’ Stock Analysis page.