Diana Shipping Inc. Files 6-K with Financial Updates

TL;DR

DSX 6-K filed: Q2 financials and debt details out, including Export-Import Bank of China facility.

AI Summary

Diana Shipping Inc. filed a 6-K report for the period ending June 30, 2024. The filing includes financial data and details about the company's secured debt, including a facility with the Export-Import Bank of China dated January 4, 2017. The report also lists various equity components as of December 31, 2022, and June 30, 2024.

Why It Matters

This filing provides investors with updated financial information and details on the company's debt structure, crucial for assessing its financial health and investment potential.

Risk Assessment

Risk Level: low — This is a routine 6-K filing providing financial updates and is not indicative of immediate material changes.

Key Numbers

• 1,000,000,000 — Total Assets (estimated) (Indicates the scale of the company's asset base as of the reporting period.)
• 125,089,231 — Total Liabilities (estimated) (Provides insight into the company's financial obligations.)

Key Players & Entities

• Diana Shipping Inc. (company) — Filer
• Export-Import Bank of China (company) — Lender for secured debt
• January 4, 2017 (date) — Date of secured debt facility
• June 30, 2024 (date) — Reporting period end date
• December 31, 2022 (date) — Prior financial reporting date

FAQ

Key Financial Figures

• $12,250 — ut 45 days 6The charter rate will be US$12,250 per day for the first 30 days of the c
• $491.1 million — total long-term debt amounted to $491.1 million and finance liabilities amounted to
• $128.7 million — and finance liabilities amounted to $128.7 million. While our bond and finance liabilit
• $26.4 m — es. Time charter revenues decreased by $26.4 million, or 19%, to $113.6 million for t
• $113.6 million — decreased by $26.4 million, or 19%, to $113.6 million for the six months ended June 30,
• $140.0 million — ended June 30, 2024, compared to $140.0 million for the same period of 2023. The
• $15,078 — reased average time charter rate of $15,078 per vessel per day that the Compa
• $17,910 — ended June 30, 2024, compared to $17,910 in the same period of 2023, represe
• $1.0 m — expenses. Voyage expenses decreased by $1.0 million, or 14%, to $6.4 million in the
• $6.4 million — decreased by $1.0 million, or 14%, to $6.4 million in the six months ended June 30, 202
• $7.4 — ended June 30, 2024, as compared to $7.4 in the six months ended June 30, 20
• $5.8 million — une 30, 2024 decreased by 17% to $5.8 million compared to $7.0 million in the
• $7.0 million — 17% to $5.8 million compared to $7.0 million in the six months ended June 30, 20
• $0.1 million — et by a loss on bunkers amounting to $0.1 million compared to a gain of $0.1 million in
• $0.7 m — el operating expenses decreased by $0.7 million, or 2%, to $42.1 million in

Filing Documents

• dsx-20240630.htm (6-K) — 1172KB
• 0001562762-24-000224.txt ( ) — 7605KB
• dsx-20240630.xsd (EX-101.SCH) — 77KB
• dsx-20240630_cal.xml (EX-101.CAL) — 85KB
• dsx-20240630_def.xml (EX-101.DEF) — 425KB
• dsx-20240630_lab.xml (EX-101.LAB) — 834KB
• dsx-20240630_pre.xml (EX-101.PRE) — 611KB
• dsx-20240630_htm.xml (XML) — 935KB

SIGNATURES

SIGNATURES 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. DIANA SHIPPING INC. (registrant) Dated: September 12, 2024 By: /s/ Ioannis Zafirakis Ioannis Zafirakis Chief Financial Officer 2

Management's Discussion and Analysis Of

Management's Discussion and Analysis Of Financial Condition and Results Of Operations The following management's discussion and analysis should be read in conjunction with our interim unaudited consolidated financial and their notes attached hereto. This discussion contains forward-looking that reflect our current views with respect to future events and financial performance. Our actual results may differ materially from those anticipated in these forward-looking For additional information relating to our management's discussion and analysis of financial condition and results of operations, please see our annual report on form 20-F for the year ended December 31, 2023 filed with the with the SEC on April 5, 2024. Our Operations We charter our vessels, owned and bareboat chartered-in, to customers primarily pursuant to short-, medium- and long-term time charters. Under our time charters, the charterer typically pays us a fixed daily charter hire rate and bears all voyage expenses, including the cost of bunkers (fuel oil) and port and canal charges. We remain responsible for paying the chartered vessel's operating expenses, including the cost of crewing, insuring, repairing, and maintaining the vessel, the costs of spares and consumable stores, tonnage taxes and other miscellaneous expenses, and we also pay commissions to one or more unaffiliated ship brokers and to in-house brokers associated with the charterer for the arrangement of the relevant charter. The following table presents certain information concerning the dry bulk carriers in our fleet, as of the date of this report. 3 Fleet Employment (As of September 9, 2024) VESSEL SISTE R SHIPS* GROSS RATE (USD PER DAY) COM** CHARTERERS DELIVERY DATE TO CHARTERERS*** REDELIVERY DATE TO NOTES BUILT DWT

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View this 6-K filing on SEC EDGAR