Diana Shipping Earnings Reports

Diana Shipping Inc. reported a net income of $4.5 million for the second quarter of 2025, a substantial improvement from a net loss of $2.8 million in the same period last year. Earnings per share also turned positive at $0.03. Time charter revenues slightly decreased to $54.7 million, primarily due to fewer ownership days, partially offset by increased average charter rates. The company also declared a cash dividend of $0.01 per share.

Diana Shipping Inc. reported a net income of $3.0 million for the first quarter of 2025, an increase from $2.1 million in the same period of 2024. Time charter revenues decreased to $54.9 million from $57.6 million year-over-year.