Diana Shipping Inc. · Athens Greece · (NYSE: DSX)
Company Description
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This link will open in a new window Like the Greek goddess for whom it's named, Diana Shipping aims to be the leader in the hunt for cargo transportation business. The company moves iron ore, coal, grain, and other cargo worldwide with about 20 dry bulk carriers, which include both Panamax and Capesize dry bulk carriers. Its fleet has an overall capacity of almost 2 million deadweight tons (DWT). Subsidiary Diana Shipping Services manages the company's fleet, which is deployed through time charters. The company serves a wide range of international clients, with Cargill and BHP Billiton collectively accounting for about 30% of its annual revenue. Diana Shipping was founded in 1999. To read the full description, subscribe now.
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Key Diana Shipping Inc. Financials
| Company Type | Public - NYSE: DSX Single Location |
| Fiscal Year-End | December |
| 2008 Employees | 466 |
Diana Shipping Inc. Executives
9 executives listed for Diana Shipping Inc.'s Athens Greece location.
| Title | Name & Bio | Contact |
| Chairman and CEO | Simeon Palios | |
| President and Director | Anastassis Margaronis | |
| CFO and Treasurer | Andreas Michalopoulos |
Competition
Competitive Landscape for Diana Shipping Inc.
Demand is driven by macroeconomic trends in global imports and exports. The profitability of individual companies depends on efficient operations and a good safety record. Large companies have advantages in fleet size and port access. Small companies can compete effectively by chartering services out of smaller ports and transporting unusual cargo. Average annual revenue per worker for a typical company is nearly $500,000. The global shipping industry transports over 90 percent of the world's total commerce, according to the International Shipping Federation (ISF). Deep sea shipping is a highly competitive industry; however, competition from other forms of transportation is limited. To read the full description, subscribe now.Top Diana Shipping Inc. Competitors
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