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diana shipping press release

25/01/2021 — 0

Among the distinguishing strengths that we believe provide us with a competitive advantage in the dry bulk shipping industry are the following: Our main objective is to manage and expand our fleet in a manner that will enable us to enhance shareholder value. ATTENTION: Diana Shipping Inc. has announced that it is amending the terms of its previously announced cash tender offer (the ‘Tender Offer’) to purchase up to 6 000 000 shares of its outstanding common stock to increase the price at which it will purchase shares of common stock to US$2.50 per share from US$2.00 per share. The m/v Calipso was chartered, as previously announced, to Uniper Global Commodities SE, Düsseldorf, at a gross charter rate of US$8,250 per day, minus a 5% commission paid to third parties. Information contained on the Company’s website does not constitute a part of this press release. c/o Diana Shipping Services S.A. 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. A table describing the current Diana Shipping Inc. fleet can be found on the Company's website, www.dianashippinginc.com. Shareholders should read such Offer to Purchase and related materials carefully and in their entirety because they contain important information, including the various terms and conditions of the Offer. We specialize in the ownership of dry bulk vessels. CONTACT: Corporate Contact: Ioannis Zafirakis Director, Interim Chief Financial Officer, Chief Strategy Officer, Treasurer and Secretary Telephone: + 30-210-9470-100 Email: izafirakis@dianashippinginc.com Website: www.dianashippinginc.com Investor and Media Relations: Edward Nebb Comm-Counsellors, LLC Telephone: + 1-203-972-8350 Email: enebb@optonline.net, Discover new investment ideas by accessing unbiased, in-depth investment research, NYSE - NYSE Delayed Price. Certain Information Regarding the Tender Offer The information in this press release describing Diana Shipping Inc.’s tender offer is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell shares of Diana Shipping Inc.’s common stock in the tender offer. 2 (this "Amendment No. The Company’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. All rights reserved. The Offer is being made only pursuant to the Offer to Purchase and the related materials that Diana Shipping Inc. is distributing to its shareholders, as they may be amended or supplemented. Stocks To Buy - Why Is This Metal Taking Off? 2") amends and supplements the Tender Offer Statement on Schedule TO (together with any subsequent amendments and supplements thereto, the "Schedule TO"), filed with the Securities and Exchange Commission by Diana Shipping Inc., a Marshall Islands corporation ("Diana Shipping" or the "Company"), on December 15, 2020. If it isn't grown, it has to be mined. ATHENS, Greece, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Viterra Chartering B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Calipso. As of January 21, 2021 our fleet consists of 37 dry bulk vessels (4 Newcastlemax, 12 Capesize, 5 Post-Panamax, 5 Kamsarmax and 11 Panamax), as well as one Panamax dry bulk vessel, the "Oceanis", that has been sold and expected to be delivered to her new owners at the latest by April 16, 2021. In addition to these important factors, other important factors that, in the Company’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’ and governments’ 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’s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Company’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. To accomplish this objective, we intend to pursue highly focused business strategies, including: maintaining a high quality fleet; strategically expanding the size of our fleet; pursuing an appropriate balance of short-term and long-term time charters; maintaining a strong balance sheet; and maintaining low cost, highly efficient operations. Announces Release of its First Environmental, Social and Governance Report 18/12/2020 Diana Shipping Inc. CONTACT: Corporate Contact: Ioannis Zafirakis Director, Interim Chief Financial Officer, Chief Strategy Officer, Treasurer and Secretary Telephone: + 30-210-9470-100 Email: izafirakis@dianashippinginc.com Website: www.dianashippinginc.com Investor and Media Relations: Edward Nebb Comm-Counsellors, LLC Telephone: + 1-203-972-8350 Email: enebb@optonline.net. 175 64 Palaio Faliro ATHENS, Greece, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of … This Amendment No. Tel: + 1-203-972-8350 ANTI-FRAUD POLICY AND FRAUD RESPONSE PLAN, POLICIES AND PROCEDURES TO DETECT AND PREVENT INSIDER TRADING, DIVIDEND HISTORY COMMON SHARES (NYSE:DSX), DIVIDEND HISTORY PREFERRED SHARES (NYSE:DSXPRB), COUPON HISTORY SENIOR UNSECURED BONDS (OSLO: DIASH01). About the Company. Upon completion of the previously announced sale of one Panamax dry bulk vessel, the m/v Oceanis, Diana Shipping Inc.’s fleet will consist of 37 dry bulk vessels (4 Newcastlemax, 12 Capesize, 5 Post-Panamax, 5 Kamsarmax and 11 Panamax). The information in this press release describing Diana Shipping Inc.’s tender offer is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell shares of Diana Shipping Inc.’s common stock in the tender offer. ATHENS, Greece, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that it is extending its previously announced cash tender offer (the “Tender Offer”) to purchase up to 6,000,000 shares of its outstanding common stock at a purchase price of $2.50 per … ATHENS, Greece, Dec. 07, 2020 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the … Information contained on the Company's website does not constitute a part of this press release. Attached to this Report on Form 6-K as Exhibit 99.1 is a press release dated January 21, 2021 of Diana Shipping Inc. (the "Company") announcing that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Viterra Chartering B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Calipso. Cautionary Statement Regarding Forward-Looking Statements Matters discussed in this press release may constitute forward-looking statements. Diana Shipping Inc. is a global provider of shipping … Email: enebb@optonline.net. ATHENS, GREECE, September 8, 2020 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Press Release Diana Shipping Inc. The information in this press release describing Diana Shipping Inc.’s tender offer is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell shares of Diana Shipping Inc.’s common stock in the tender offer. Shareholders and investors who have questions or need assistance may call Georgeson LLC, the information agent for the Offer, toll free at (800) 248-7690. Press Release Diana Shipping Inc. Commences Self Tender Offer to Purchase Up to 6,000,000 Shares Published: Dec. 15, 2020 at 9:09 a.m. We own a modern, high quality fleet of dry bulk carriers. As of today, the combined carrying capacity of the Company’s fleet, including the m/v Oceanis, is approximately 4.8 million dwt with a weighted average age of 10.08 years. We specialize in the ownership of dry bulk vessels. Announces Direct Continuation of Time Charter Contract for M/V Medusa With Cargill Published: Nov. 9, 2020 at 9:25 a.m. The gross charter rate is US$10,400 per day, minus a 5% commission paid to third parties, for a period until minimum October 1, 2021 up to maximum December 15, 2021. Attached to this Report on Form 6-K as Exhibit 99.1 is a press release dated December 24, 2020 of Diana Shipping Inc. (the "Company") announcing that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Pte Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v Semirio. A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com. About the Company. Moreover, it should be made clear that we do not get involved in employee visa matters. ATHENS, Greece, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE:DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has amended and restated its 2014 Equity Incentive Plan (the “Plan”) to increase the number of common shares available for issuance under the Plan by 20 million shares. We have a strong balance sheet and a low level of indebtedness. Athens, Greece, Mr. Edward Nebb As of the same date, the combined carrying capacity of our fleet, including the m/v Oceanis, is approximately 4.8 million dwt with a weighted average age of 10.08 years. About the Company. Announces Sale of a Panamax Dry Bulk Vessel, the m/v Oceanis; and a Time Charter Contract for m/v New York 17/12/2020 New Canaan, Connecticut 06840 724 Valley Road 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’s control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections. The Company’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. The employment of “Calipso” is anticipated to generate approximately US$2.59 million of gross revenue for the minimum scheduled period of the time charter. About the Company Diana Shipping Inc. is a global provider of shipping transportation services through its ownership of dry bulk vessels. ATHENS, Greece, Jan. 11, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the … Diana Shipping Inc. We benefit from the experience and reputation of Diana Shipping Services S.A. and the relationship with Wilhelmsen Ship Management through the Diana Wilhelmsen Management Limited joint venture. @ 2021 Diana Shipping Inc. All rights reserved. Diana Shipping Inc. Diana Shipping Inc. does not offer employment opportunities over the Internet or through advertisements of any kind. The Company's sole office is located in Athens, Greece. As of January 21, 2021 our fleet consists of 37 dry bulk vessels (4 Newcastlemax, 12 Capesize, 5 Post-Panamax, 5 Kamsarmax and 11 Panamax), as well as one Panamax dry bulk vessel, the "Oceanis", that has been sold and expected to be delivered to her new owners at the latest by April 16, 2021. 1 and 2 to the Schedule TO dated December 22, 2020 and January 13, 2021). We benefit from strong relationships with members of the shipping and financial industries. The “Calipso” is a 73,691 dwt Panamax dry bulk vessel built in 2005. ATHENS, Greece, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate … Stockholders who have previously validly tendered and not withdrawn their shares do not need to re-tender their shares or take any other action in response to this amendment and if such shares are not withdrawn prior to the Expiration Date will receive the $2.50 purchase price for their shares. In addition to these important factors, other important factors that, in the Company’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’ and governments’ 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’s operating expenses, including bunker prices, drydocking and insurance costs, the market for the Company’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. 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’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties. ATHENS, GREECE, December 15, 2020 — Diana Shipping Inc. (NYSE: DSX) (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced the commencement of a tender offer to purchase up to 6,000,000 shares, or about 6.7%, of its outstanding common stock using funds available from cash and cash equivalents on hand at a price of $2.00 per … Please see the Company’s filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. ATHENS, Greece, Jan. 08, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the … Information contained on the Company's website does not constitute a part of this press release. 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. Pendelis 16 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’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties. 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. Information contained on the Company's website does not constitute a part of this press release. 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. In addition, we intend to capitalize on our reputation for high standards of performance, reliability and safety to establish and maintain relationships with major international charterers and financial institutions. Diana Shipping Inc. (NYSE: DSX) is a global provider of shipping transportation services. 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’s control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections. Shareholders are urged to carefully read all of these materials prior to making any decision with respect to the Offer. The charter is expected to commence tomorrow. Please see the Company’s filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties. A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, the m/v Newport News. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements. As extended, the Tender Offer, the proration period and withdrawal rights will now expire at 5:00 p.m., Eastern Time, on Thursday, January 28, 2021, unless further extended or earlier terminated. Currency in USD, Trade prices are not sourced from all markets. 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. About the Company. The information in this press release describing Diana Shipping Inc.'s tender offer is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell shares of Diana Shipping Inc.'s common stock in the tender offer. Parties outside the U.S. can reach the information agent at +1-781-575-2137. 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. Diana Shipping Inc. (NYSE: DSX) is a global provider of shipping transportation services. 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. Diana Shipping Inc. is a global provider of shipping … Mining is big business, Here are a few things that you should know before adding mining stocks to your port.... ATHENS, Greece, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (the "Company"), a global shipping company specializing in the ownership of dry bulk vessels, today announced that it is extending its previously announced cash tender offer (the “Tender Offer”) to purchase up to 6,000,000 shares of its outstanding common stock at a purchase price of $2.50 per share. However, seamen wishing to gain employment on one of our vessels managed by Diana Shipping Services S.A. should visit the official website of Diana Shipping Services S.A. at www.dianashippingservices.com. Shareholders may also obtain a copy of these documents, without charge, from Georgeson LLC, the information agent for the tender offer, toll free at (800) 248-7690. Cautionary Statement Regarding Forward-Looking Statements Matters discussed in this press release may constitute forward-looking statements. ET Our fleet includes groups of sister ships, providing operational and scheduling flexibility, as well as cost efficiencies. ATHENS, Greece, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of … © 2021 Verizon Media. Information contained on the Company’s website does not constitute a part of this press release. Diana Shipping Inc. is a global provider of shipping … All other terms and conditions of the Tender Offer are set forth in the Company's "Offer to Purchase" and "Letter of Transmittal", each dated December 15, 2020, as amended on December 22, 2020, and January 13, 2021 and the other related materials that the Company distributed to stockholders, which were filed with the Securities and Exchange Commission ("SEC") as exhibits to the Company's Schedule TO on December 15, 2020 (as amended by Amendments No. Attached to this Report on Form 6-K as Exhibit 99.1 is a press release dated November 30, 2020 of Diana Shipping Inc. (the "Company") announcing that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Artemis. Diana Shipping Inc. Announces the Sale of a Capesize Dry Bulk Vessel, the m/v Sideris GS. The words “believe,” “anticipate,” “intends,” “estimate,” “forecast,” “project,” “plan,” “potential,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements. Comm-Counsellors, LLC Shareholders of Diana Shipping Inc. may obtain a free copy of the Tender Offer Statement on Schedule TO, the Offer to Purchase and other documents that Diana Shipping Inc. is filing with the Securities and Exchange Commission from the Securities and Exchange Commission’s website at www.sec.gov. 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. About the Company Diana Shipping Inc. is a global provider of shipping transportation services through its ownership of dry bulk vessels. PLEASE NOTE THAT DIANA SHIPPING INC. HAS NEVER APPOINTED ANY OTHER COMPANY OR INDIVIDUAL TO HANDLE APPLICATIONS FOR EMPLOYMENT. 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