<SEC-DOCUMENT>0000919574-21-006686.txt : 20211109
<SEC-HEADER>0000919574-21-006686.hdr.sgml : 20211109
<ACCEPTANCE-DATETIME>20211109162044
ACCESSION NUMBER:		0000919574-21-006686
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20211130
FILED AS OF DATE:		20211109
DATE AS OF CHANGE:		20211109

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DIANA SHIPPING INC.
		CENTRAL INDEX KEY:			0001318885
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32458
		FILM NUMBER:		211392511

	BUSINESS ADDRESS:	
		STREET 1:		PENDELIS 16
		STREET 2:		175 64 PALAIO FALIRO
		CITY:			ATHENS
		STATE:			J3
		ZIP:			00000
		BUSINESS PHONE:		30-210-947-0100

	MAIL ADDRESS:	
		STREET 1:		PENDELIS 16
		STREET 2:		175 64 PALAIO FALIRO
		CITY:			ATHENS
		STATE:			J3
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>d9044045_6-k.htm
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    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">FORM 6-K</div>
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    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">WASHINGTON, D.C.&#160; 20549</div>
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    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">OF THE SECURITIES EXCHANGE ACT OF 1934</div>
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    <div style="text-align: center; font-family: 'Times New Roman', serif;">For the month of November 2021</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif;">Commission File Number:&#160; 001-32458</div>
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    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">DIANA SHIPPING INC.</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif;">(Translation of registrant's name into English)</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif;">Pendelis 16, 175 64 Palaio Faliro, Athens, Greece</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif;">(Address of principal executive office)</div>
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    <div style="font-family: 'Times New Roman', serif;">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.</div>
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    <div style="font-family: 'Times New Roman', serif;">Form 20-F [X]&#160; &#160; &#160;&#160; Form 40-F [&#160; ]</div>
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    <div style="font-family: 'Times New Roman', serif;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [&#160; ].</div>
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    <div style="font-family: 'Times New Roman', serif;"><font style="font-weight: bold;">Note</font>: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security
      holders.</div>
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    <div style="font-family: 'Times New Roman', serif;">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [&#160; ].</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;"><font style="font-weight: bold;">Note</font>: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant
      foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "home country"), or under the rules of the home country exchange on which
      the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the
      subject of a Form 6-K submission or other Commission filing on EDGAR.</div>
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    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">INFORMATION CONTAINED IN THIS FORM 6-K REPORT</div>
    <div><br>
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    <div style="margin-top: 12pt; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Attached to this Report on Form 6-K as Exhibit 99.1 is a press release dated November 9, 2021 of Diana Shipping Inc. (the "Company") announcing that in
      connection with the previously announced spin-off of its wholly-owned subsidiary OceanPal Inc., the Company has changed the anticipated distribution date.</div>
    <div style="margin-top: 12pt; margin-bottom: 12pt; color: #000000; font-family: 'Times New Roman', serif;">The information contained in this Report on Form 6-K is hereby incorporated by reference into the Company's registration statement on Form F-3
      (File No. 333-256791) that was filed with the U.S. Securities and Exchange Commission and became effective on July 9, 2021.</div>
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    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">SIGNATURES</div>
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    <div style="font-family: 'Times New Roman', serif;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</div>
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            <div style="font-family: 'Times New Roman', serif; font-weight: bold;">DIANA SHIPPING INC.</div>
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            <div style="margin-left: 21.6pt; font-family: 'Times New Roman', serif;">(registrant)</div>
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            <div style="font-family: 'Times New Roman', serif;">Dated: November 9, 2021</div>
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            <div style="font-family: 'Times New Roman', serif;">By:</div>
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            <div style="font-family: 'Times New Roman', serif;"><u>/s/ Anastassis Margaronis</u></div>
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            <div style="font-family: 'Times New Roman', serif;">Anastassis Margaronis</div>
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            <div style="font-family: 'Times New Roman', serif;">President</div>
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    <div style="text-align: right; font-family: 'Times New Roman', serif; font-weight: bold;">Exhibit 99.1</div>
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            <div style="text-align: justify; font-family: 'Times New Roman', serif; font-style: italic; font-weight: bold;">Corporate Contact:</div>
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">Ioannis Zafirakis</div>
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">Director, Chief Financial Officer,</div>
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">Chief Strategy Officer, Treasurer and Secretary</div>
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">Telephone: + 30-210-9470-100</div>
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">Email: izafirakis@dianashippinginc.com</div>
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">Website: www.dianashippinginc.com</div>
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            <div style="text-align: justify; font-family: 'Times New Roman', serif; font-style: italic; font-weight: bold;">Investor and Media Relations:</div>
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">Edward Nebb</div>
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">Comm-Counsellors, LLC</div>
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">Telephone: + 1-203-972-8350</div>
            <div style="text-align: justify; font-family: 'Times New Roman', serif;">Email: enebb@optonline.net</div>
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    <div style="font-family: 'Times New Roman', serif; font-weight: bold; text-align: center;">DIANA SHIPPING INC. ANNOUNCES NEW DISTRIBUTION DATE FOR PREVIOUSLY </div>
    <div style="font-family: 'Times New Roman', serif; font-weight: bold; text-align: center;">ANNOUNCED OCEANPAL INC. SPIN-OFF AND CONFIRMS PAYMENT DATE OF US$0.10 </div>
    <div style="text-align: center; margin-bottom: 24pt; font-family: 'Times New Roman', serif; font-weight: bold;">CASH DIVIDEND</div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">ATHENS, GREECE, November 9, 2021 &#8212; Diana Shipping Inc. (NYSE: DSX) (the &#8220;Company&#8221;), a global shipping company specializing in the ownership of dry bulk
      vessels, today announced that in connection with the previously announced spin-off of its wholly-owned subsidiary OceanPal Inc., the Company has changed the anticipated distribution date from November 9, 2021 to November 17, 2021 due to procedural
      delays. The Company does not expect there to be any other changes to the terms of the spin-off transaction previously announced in the Company&#8217;s press release dated October 26, 2021 and in the OceanPal Inc. registration statement on Form 20-F filed
      with the US Securities and Exchange Commission, which has not yet become effective. The record date of the OceanPal Inc. spin-off will not change. Additionally, there has been no change to the previously announced payment date of November 10, 2021 of
      a cash dividend in the amount of US$0.10 per Diana Shipping Inc. common share to shareholders of record as of November 3, 2021.</div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman', serif;">Additional information about OceanPal Inc. and the spin-off transaction can be found in the registration statement on Form 20-F pursuant to the Securities
      Exchange Act of 1934 filed by OceanPal Inc. in connection with the spin-off transaction that is available at www.sec.gov. The information in the filed registration statement on Form 20-F is not final and remains subject to change, and the
      consummation of the spin-off transaction remains subject to the registration statement on Form 20-F being declared effective by the U.S. Securities and Exchange Commission.&#160;&#160;<br>
      <br>
      This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities and shall not constitute an offer, solicitation or sale of any security in any state or jurisdiction in which such offer, solicitation or
      sale would be unlawful prior to consummation of the spin-off transaction.</div>
    <div style="text-align: justify; font-family: 'Times New Roman', serif; font-weight: bold;">About the Company</div>
    <div><br>
    </div>
    <div style="text-align: justify; font-family: 'Times New Roman', serif;">Diana Shipping Inc. is a global provider of shipping transportation services through its ownership of dry bulk vessels. The Company&#8217;s vessels are employed primarily on medium to
      long-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.</div>
    <div style="text-align: justify; font-family: 'Times New Roman', serif; font-weight: bold;"><br>
      Forward Looking Statements</div>
    <div style="text-align: justify; font-family: 'Times New Roman', serif;"><br>
      Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide
      prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than
      statements of historical facts, and include statements regarding the anticipated spin-off of OceanPal Inc., including the timing and certainty, the anticipated benefits of the spin-off transaction, and our expectations for future financial and
      operational performance of the Company and OceanPal Inc. and the creation of shareholder value resulting from the spin-off transaction.</div>
    <div style="text-align: justify; font-family: 'Times New Roman', serif;"><br>
      The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words &#8220;believe,&#8221; &#8220;anticipate,&#8221;
      &#8220;intends,&#8221; &#8220;estimate,&#8221; &#8220;forecast,&#8221; &#8220;project,&#8221; &#8220;plan,&#8221; &#8220;potential,&#8221; &#8220;may,&#8221; &#8220;should,&#8221; &#8220;expect,&#8221; &#8220;pending&#8221; and similar expressions identify forward-looking statements.</div>
    <div style="text-align: justify; font-family: 'Times New Roman', serif;"><br>
      The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, Company management&#8217;s examination of historical operating trends, data
      contained in the Company&#8217;s records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and
      contingencies that are difficult or impossible to predict and are beyond the Company&#8217;s control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.</div>
    <div style="text-align: justify; margin-bottom: 12pt; font-family: 'Times New Roman', serif;"><br>
      In addition to these important factors, other important factors that, in the Company&#8217;s view, could cause actual results to differ materially from those discussed in the forward-looking statements include the severity, magnitude and duration of the
      COVID-19 pandemic, including impacts of the pandemic and of businesses&#8217; and governments&#8217; responses to the pandemic on our operations, personnel, and on the demand for seaborne transportation of bulk products; the strength of world economies and
      currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for dry bulk shipping capacity, changes in the Company&#8217;s operating expenses, including bunker prices, drydocking and insurance costs,
      the market for the Company&#8217;s vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and
      international political conditions, potential disruption of shipping routes due to accidents or political events, vessel breakdowns and instances of off-hires and other factors. Please see the Company&#8217;s filings with the U.S. Securities and Exchange
      Commission for a more complete discussion of these and other risks and uncertainties. The Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new
      information, future events or otherwise.</div>
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