Diana Shipping Company Description
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.
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The Company Description provides a historical perspective of Diana Shipping's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Diana Shipping's evolution in the marketplace.
