<SEC-DOCUMENT>0000919574-22-006270.txt : 20221107
<SEC-HEADER>0000919574-22-006270.hdr.sgml : 20221107
<ACCEPTANCE-DATETIME>20221107165054
ACCESSION NUMBER:		0000919574-22-006270
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20221130
FILED AS OF DATE:		20221107
DATE AS OF CHANGE:		20221107

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:		221366168

	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>d9817120_6-k.htm
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Seward & Kissel
         Document created using EDGARfilings PROfile 8.2.0.0
         Copyright 1995 - 2022 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">FORM 6-K</div>
    <div><br>
    </div>
    <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>
    <div><br>
    </div>
    <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>
    <div><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman', serif;">For the month of November 2022</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif;">Commission File Number:&#160; 001-32458</div>
    <div><br>
    </div>
    <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>
    <div><br>
    </div>
    <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>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">Form 20-F [X]&#160; &#160; &#160;&#160; Form 40-F [&#160; ]</div>
    <div><br>
    </div>
    <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>
    <div><br>
    </div>
    <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>
    <div><br>
    </div>
    <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>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <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>
    </div>
    <div style="text-align: justify; 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 7, 2022 of Diana Shipping Inc. (the "Company")
      announcing that, <font style="color: #000000;">through a separate wholly-owned subsidiary, it has entered into time charter contracts with Cobelfret S.A., for one of its Post-Panamax dry bulk vessels, the m/v Amphitrite, Reachy Shipping (SGP) Pte.
        Ltd., for one of its Ice Class Panamax dry bulk vessels, the m/v Crystalia, and ASL Bulk Marine Limited, for one of its Ultramax dry bulk vessels, the m/v DSI Phoenix.</font></div>
    <div style="text-align: justify; 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 Nos. 333-256791 and 333-266999) that was filed with the U.S. Securities and Exchange Commission and became effective on July 9, 2021 and September 16, 2022, respectively.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">SIGNATURES</div>
    <div><br>
    </div>
    <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>
    <div><br>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z99c2233753274ed4a28484f116ce74b3">

        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 50%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif; font-weight: bold;">DIANA SHIPPING INC.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 50%; vertical-align: top;">
            <div style="margin-left: 21.6pt; font-family: 'Times New Roman', serif;">(registrant)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td colspan="2" style="width: 50%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Dated: November 7, 2022</div>
          </td>
          <td style="width: 6.09%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">By:</div>
          </td>
          <td style="width: 43.91%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;"><u>/s/ Anastassis Margaronis</u></div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 6.09%; vertical-align: top;">&#160;</td>
          <td style="width: 43.91%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Anastassis Margaronis</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 6.09%; vertical-align: top;">&#160;</td>
          <td style="width: 43.91%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">President</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 6.09%; vertical-align: top;">&#160;</td>
          <td style="width: 43.91%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50%; vertical-align: top;">&#160;</td>
          <td style="width: 6.09%; vertical-align: top;">&#160;</td>
          <td style="width: 43.91%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after:always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: right; font-family: 'Times New Roman', serif; font-weight: bold;">Exhibit 99.1</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;" id="z5f9154d3e7f14fbcbaf3404714a34692">

        <tr>
          <td style="width: 45.83%; vertical-align: top;">&#160;</td>
          <td style="width: 54.17%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif; font-style: italic; font-weight: bold;">Corporate Contact:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.83%; vertical-align: top;">&#160;</td>
          <td style="width: 54.17%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Ioannis Zafirakis</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.83%; vertical-align: top;">&#160;</td>
          <td style="width: 54.17%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Director, Chief Financial Officer,</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.83%; vertical-align: top;">&#160;</td>
          <td style="width: 54.17%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Chief Strategy Officer, Treasurer and Secretary</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.83%; vertical-align: top;">&#160;</td>
          <td style="width: 54.17%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Telephone: + 30-210-9470-100</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.83%; vertical-align: top;">&#160;</td>
          <td style="width: 54.17%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Email: <font style="color: #0000FF;"><u>izafirakis@dianashippinginc.com</u></font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.83%; vertical-align: top;">&#160;</td>
          <td style="width: 54.17%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Website: <font style="color: #0000FF;"><u>www.dianashippinginc.com</u></font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.83%; vertical-align: top;">&#160;</td>
          <td style="width: 54.17%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Twitter: @Dianaship</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.83%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">For Immediate Release</div>
          </td>
          <td style="width: 54.17%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 45.83%; vertical-align: top;">&#160;</td>
          <td style="width: 54.17%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif; font-style: italic; font-weight: bold;">Investor and Media Relations:</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.83%; vertical-align: top;">&#160;</td>
          <td style="width: 54.17%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Edward Nebb</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.83%; vertical-align: top;">&#160;</td>
          <td style="width: 54.17%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Comm-Counsellors, LLC</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.83%; vertical-align: top;">&#160;</td>
          <td style="width: 54.17%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Telephone: + 1-203-972-8350</div>
          </td>
        </tr>
        <tr>
          <td style="width: 45.83%; vertical-align: top;">&#160;</td>
          <td style="width: 54.17%; vertical-align: top;">
            <div style="font-family: 'Times New Roman', serif;">Email: <u>enebb@optonline.net</u></div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">DIANA SHIPPING INC. ANNOUNCES TIME CHARTER CONTRACTS</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">FOR M/V AMPHITRITE WITH COBELFRET,</div>
    <div style="text-align: center; font-family: 'Times New Roman', serif; font-weight: bold;">M/V CRYSTALIA WITH REACHY AND M/V DSI PHOENIX WITH ASL</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">ATHENS, GREECE, November 7, 2022 &#8211; Diana Shipping Inc. (NYSE: DSX), (the &#8220;Company&#8221;), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today
      announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cobelfret S.A., for one of its Post-Panamax dry bulk vessels, the m/v Amphitrite. The gross charter rate is US$14,250 per day, minus a 5%
      commission paid to third parties, for a period until minimum December 1, 2023 up to maximum February 15, 2024. The charter is expected to commence on November 10, 2022.</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">The &#8220;Amphitrite&#8221; is a 98,697 dwt Post-Panamax dry bulk vessel built in 2012.</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">The Company also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Reachy Shipping (SGP) Pte. Ltd., for one of its Ice Class Panamax dry bulk
      vessels, the m/v Crystalia. The gross charter rate is US$12,500 per day, minus a 5% commission paid to third parties, for a period until minimum September 1, 2023 up to maximum October 15, 2023. The charter is expected to commence on November 8,
      2022.</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">The &#8220;Crystalia&#8221; is a 77,525 dwt Ice Class Panamax dry bulk vessel built in 2014.</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">In addition, the Company announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with ASL Bulk Marine Limited, for one of its Ultramax dry bulk vessels,
      the m/v DSI Phoenix. The gross charter rate is US$13,250 per day, minus a 5% commission paid to third parties, for a period of minimum sixteen (16) months to maximum eighteen (18) months. The charter commenced on November 4, 2022.</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">The &#8220;DSI Phoenix&#8221; is a 60,456 dwt Ultramax dry bulk vessel built in 2017.</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">The employments of &#8220;Amphitrite&#8221;, &#8220;Crystalia&#8221; and &#8220;DSI Phoenix&#8221; are anticipated to generate approximately US$15.45 million of gross revenue for the minimum scheduled period of the time charters.</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">Diana Shipping Inc.&#8217;s fleet currently consists of 37 dry bulk vessels (4 Newcastlemax, 11 Capesize, 5 Post-Panamax, 6 Kamsarmax, 8 Panamax and 3 Ultramax). The Company also expects to take delivery of
      6 Ultramax dry bulk vessels in the fourth quarter of 2022. As of today, the combined carrying capacity of our fleet, excluding the 6 Ultramax dry bulk vessels not yet delivered, is approximately 4.6 million dwt with a weighted average age of 10.30
      years. A table describing the current Diana Shipping Inc. fleet can be found on the Company&#8217;s website, www.dianashippinginc.com. Information contained on the Company&#8217;s website does not constitute a part of this press release.</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif; font-weight: bold;">About the Company</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">Diana Shipping Inc. is a global provider of shipping transportation services through its ownership and bareboat charter-in of dry bulk vessels. The Company&#8217;s vessels are employed primarily on short to
      medium-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><br>
    </div>
    <div style="font-family: 'Times New Roman', serif; font-weight: bold;">Cautionary Statement Regarding Forward-Looking Statements</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">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.</div>
    <div><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">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><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">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><br>
    </div>
    <div style="font-family: 'Times New Roman', serif;">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, including risks associated with the continuing conflict between Russia and Ukraine and related sanctions, 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>
    <div><br>
    </div>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
