DSX Diana Shipping Inc. c/o Diana Shipping Services S.A.

BULLISH Impact: 6/10 PRESS-RELEASE
Horizon weeks Filed Mar 4, 2026 Processed 3mo ago Wire GlobeNewswire
Press release: contract
Final — all horizons settled through T+60d
DSX ▼ -3.50% at T+60d
LONG call ✗ call lost -3.50% · α vs SPY -13.58% · entry $2.56 → $2.47
Currently $2.39 · -6.62% from $2.56 entry
Entry anchored
Mar 3, 03:59 PM ET
via Databento tick
T+1d
-1.56%
call -1.56% · α -0.98%
$2.52
settled 3mo ago
T+5d
-5.06%
call -5.06% · α -3.72%
$2.43
settled 3mo ago
T+20d
-2.71%
call -2.71% · α +1.70%
$2.49
settled 2mo ago
T+60d
-3.50%
call -3.50% · α -13.58%
$2.47
settled 15d ago

Price Chart

Loading chart...

Executive Summary

Diana Shipping Inc. (DSX) announced a new time charter contract for its Panamax vessel m/v Crystalia at a gross rate of $16,200 per day, representing an increase from its prior charter rate of $13,900. The new charter is expected to generate approximately $5.78 million in gross revenue over the minimum period, with commencement on March 11, 2026, and duration until at least March 10, 2027. This reflects improved near-term cash flow visibility amid strengthening dry bulk charter rates.

Key Financial Metrics

Revenue
$5.8M
Deal Value
$5.8M

Actionable Insight

Traders should view this as a positive signal of strengthening dry bulk charter markets and improved near-term revenue visibility. Monitor for follow-on charter announcements, especially for other Panamax or Kamsarmax vessels, which may indicate broader rate recovery.

Key Facts

  • Diana Shipping chartered m/v Crystalia to SwissMarine Pte. Ltd. at $16,200/day gross, minus 5% commission.
  • Previous charter rate was $13,900/day, also minus 5% commission.
  • New charter generates ~$5.78 million in gross revenue over minimum period (March 11, 2026 – March 10, 2027).
  • Charter duration: minimum March 10, 2027, up to May 10, 2027.
  • m/v Crystalia is a 77,525 dwt Panamax vessel built in 2014.
  • Fleet totals 36 vessels with ~4.1 million dwt; two Kamsarmax newbuilds expected by 2027–2028.

Financial Impact

$5.78 million in gross revenue over ~12 months; daily rate up 16.5% from prior $13,900 to $16,200

revenuecash flow

Risk Factors

  • Charter rates remain exposed to global dry bulk demand volatility, especially from China and commodity trade flows.
  • Geopolitical risks in the Red Sea and Eastern Europe could disrupt shipping routes or impact vessel availability.

Market Snapshot

Exchange
NYSE

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

DocumentAccession Number
PRESS-RELEASE Data (Synthetic)press-3249435
20 reports for DSX
Performance horizon
75% Hit rate 6 of 8 directional calls best @ T+5▲ +10.12%Apr 29, 2026
Filters
Rows
Reports for DSX — sortable, filterable
Type Now
Jun 9, 2026
3d ago
Press Release
BULLISH ★ 7/10
$2.35 awaiting T+1awaiting T+1$2.39 (+1.92%)
Jun 4, 2026
8d ago
Press Release
BULLISH ★ 7/10
$2.39 awaiting T+1awaiting T+1$2.39 (+0.00%)
Jun 2, 2026
10d ago
Press Release
BULLISH ★ 6/10
$2.39 $2.35▼ −1.67%▼ −0.98%$2.39 (+0.00%)
May 29, 2026
14d ago
6-K
NEUTRAL ★ 2/10
awaiting T+1
May 28, 2026
15d ago
6-K
NEUTRAL ★ 2/10
awaiting T+1
May 28, 2026
15d ago
6-K
NEUTRAL ★ 4/10
awaiting T+1
May 28, 2026
15d ago
Press Release
NEUTRAL ★ 4/10
$2.47 $2.36▼ −4.45%▼ −4.69%$2.39 (−3.24%)
May 27, 2026
16d ago
Press Release
BULLISH ★ 8/10
$2.52 $2.47▼ −1.98%▼ −2.54%$2.39 (−5.16%)
May 15, 2026
28d ago
6-K
BULLISH ★ 5/10
awaiting T+1
May 15, 2026
28d ago
Press Release
BULLISH ★ 5/10
$2.67 $2.68▲ +0.37%▲ +0.44%$2.39 (−10.49%)
Showing 10 of 20

US Market Status

Market Closed — Opens Mon (49h 9m)

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access