<SEC-DOCUMENT>0000919574-24-006978.txt : 20241202
<SEC-HEADER>0000919574-24-006978.hdr.sgml : 20241202
<ACCEPTANCE-DATETIME>20241202160307
ACCESSION NUMBER:		0000919574-24-006978
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20241231
FILED AS OF DATE:		20241202
DATE AS OF CHANGE:		20241202

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DIANA SHIPPING INC.
		CENTRAL INDEX KEY:			0001318885
		STANDARD INDUSTRIAL CLASSIFICATION:	DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32458
		FILM NUMBER:		241518945

	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>d11539844_6-k.htm
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    <div style="text-align: center; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">FORM 6-K</div>
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    <div style="text-align: center; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">WASHINGTON, D.C. 20549</div>
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    <div style="text-align: center; line-height: 11.4pt; color: #000000; 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; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">OF THE SECURITIES EXCHANGE ACT OF 1934</div>
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    </div>
    <div style="text-align: center; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif;">For the month of December 2024</div>
    <div style="text-align: center; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif;">Commission File Number: 001-32458</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
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    <div style="text-align: center; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">DIANA SHIPPING INC.</div>
    <div style="text-align: center; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif;">(Translation of registrant's name into English)</div>
    <div style="text-align: center; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif;">Pendelis 16, 175 64 Palaio Faliro, Athens, Greece</div>
    <div style="text-align: center; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif;">(Address of principal executive office)</div>
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    <div style="text-align: justify; line-height: 11.4pt; color: #000000; 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="text-align: justify; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif;">Form 20-F [X] Form 40-F [ ]</div>
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    <div style="text-align: center; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">INFORMATION CONTAINED IN THIS FORM 6-K REPORT</div>
    <div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
    </div>
    <div style="text-align: justify; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif;">Attached to this Report on Form 6-K as Exhibit 99.1 is a press release dated December 2, 2024, of Diana Shipping Inc. (the "Company"),
      announcing that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Bunge SA, Geneva, for one of its Ultramax dry bulk vessels, the m/v DSI Aquarius.</div>
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    </div>
    <div style="text-align: justify; line-height: 11.4pt; 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 statements on Form
      F-3 (File Nos. 333-266999 and 333-280693) that were filed with the U.S. Securities and Exchange Commission and became effective on September 16, 2022, and September 9, 2024, respectively.</div>
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    <div style="text-align: center; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">SIGNATURES</div>
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    </div>
    <div style="text-align: justify; line-height: 11.4pt; color: #000000; 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="text-align: justify; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif; font-weight: bold;">DIANA SHIPPING INC.</div>
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            <div style="text-align: justify; margin-left: 21.6pt; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif;">(registrant)</div>
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            <div style="text-align: justify; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif;">Dated: December 2, 2024</div>
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            <div style="text-align: justify; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif;">By:</div>
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          <td style="width: 20%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);" rowspan="1" colspan="2">
            <div style="text-align: justify; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif;">/s/ Anastasios Margaronis</div>
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            <div style="text-align: justify; line-height: 11.4pt; color: #000000; font-family: 'Times New Roman', serif;">Anastasios Margaronis</div>
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      <div style="text-align: right;"><font style="font-weight: bold;"> <br>
        </font></div>
      <div style="text-align: right;"><font style="font-weight: bold;"> Exhibit 99.1</font><br>
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                <div style="line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt; font-style: italic; font-weight: bold;">Corporate Contact:</div>
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                <div style="line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">Ioannis Zafirakis</div>
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                <div style="line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">Director, Chief Financial Officer,</div>
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              <td style="width: 55%; vertical-align: top;">
                <div style="line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">Chief Strategy Officer, Treasurer and Secretary</div>
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              <td style="width: 45%; vertical-align: top;">&#160;</td>
              <td style="width: 55%; vertical-align: top;">
                <div style="line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">Telephone: + 30-210-9470-100</div>
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              <td style="width: 55%; vertical-align: top;">
                <div style="line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">Email: <font style="color: #0000FF;"><u>izafirakis@dianashippinginc.com</u></font></div>
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                <div style="line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">Website: <font style="color: #0000FF;"><u>www.dianashippinginc.com</u></font></div>
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                <div style="line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">X: @Dianaship</div>
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                <div style="line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">For Immediate Release</div>
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              <td style="width: 55%; vertical-align: top;">&#160;</td>
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                <div style="line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt; font-style: italic; font-weight: bold;">Investor and Media Relations:</div>
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              <td style="width: 55%; vertical-align: top;">
                <div style="line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">Edward Nebb</div>
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                <div style="line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">Comm-Counsellors, LLC</div>
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              <td style="width: 55%; vertical-align: top;">
                <div style="line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">Telephone: + 1-203-972-8350</div>
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              <td style="width: 55%; vertical-align: top;">
                <div style="line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">Email: <font style="color: #0000FF;"><u>enebb@optonline.net</u></font></div>
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        <div style="text-align: center; line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt; font-weight: bold;">DIANA SHIPPING INC. ANNOUNCES TIME CHARTER CONTRACT</div>
        <div style="text-align: center; line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt; font-weight: bold;">FOR M/V DSI AQUARIUS WITH BUNGE</div>
        <div style="text-align: center; line-height: 13.7pt;"><font style="font-family: 'Times New Roman', serif; font-size: 12pt; font-weight: bold;"> </font><br style="line-height: 13.7pt;">
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        <div style="text-align: justify; line-height: 13.7pt; color: #000000; font-family: 'Times New Roman', serif; font-size: 12pt;">ATHENS, GREECE, December 2, 2024 &#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 Bunge SA, Geneva, for one of its Ultramax dry bulk
          vessels, the m/v DSI Aquarius. The gross charter rate is US$13,300 per day, minus a 5.00% commission paid to third parties, for a period of minimum ten (10) months to about twelve (12) months. The charter is expected to commence on December 6,
          2024.</div>
        <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
        </div>
        <div style="text-align: justify; line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">The &#8220;DSI Aquarius&#8221; is a 60,309 dwt Ultramax dry bulk vessel built in 2016.</div>
        <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
        </div>
        <div style="text-align: justify; line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">The employment of &#8220;DSI Aquarius&#8221; is anticipated to generate approximately US$3.99 million of gross revenue for the minimum scheduled
          period of the time charter.</div>
        <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
        </div>
        <div style="text-align: justify; line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;"><font style="color: #000000;">Diana Shipping Inc.&#8217;s fleet currently consists of 38 dry bulk vessels: 4 Newcastlemax, 8 Capesize, 5
            Post-Panamax, 6 Kamsarmax, 6 Panamax and 9 Ultramax</font>. The Company also expects to take delivery of two methanol dual fuel new-building Kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028, respectively. As of
          today, the co<font style="color: #000000;">mbined carrying capacity of the Company&#8217;s fleet, excluding the two vessels not yet delivered, is approximately 4.2 million dwt with a weighted average age of 11.17 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.</font></div>
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        <div style="line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt; font-weight: bold;">About the Company</div>
        <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
        </div>
        <div style="text-align: justify; line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">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 style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
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        <div style="text-align: justify; line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt; font-weight: bold;">Cautionary Statement Regarding Forward-Looking Statements</div>
        <div style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
        </div>
        <div style="text-align: justify; line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">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 style="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
        </div>
        <div style="text-align: justify; line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">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="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
        </div>
        <div style="text-align: justify; line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">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="line-height: 13.7pt;"><br style="line-height: 13.7pt;">
        </div>
        <div style="text-align: justify; line-height: 13.7pt; font-family: 'Times New Roman', serif; font-size: 12pt;">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 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, including the escalation of the conflict in the Middle East, 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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