Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 92

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 4
Chunk 92
---

feature

that

enhances

trading

flexibility

and

enables

operation

in

ports

which

have

poor

infrastructure in terms of loading and unloading facilities.

●

Ultramax

Ultramax

is

the

largest

class

before

Panamax

and

is

the

newer

form

of

the

smaller

Supramax with a

maximum length

of

200 meters

and capacity

that ranges

from

60,000 dwt

and

66,000 dwt. This class is considered an upgrade to Supramax class as it offers a better all-around

investment

for

Charterers

and

Shipowners

due

to

its

higher

cargo

carrying

capacity

and

better

bunker

efficiency.

Ultramax

class

bulk

carriers

have

5

cargo

holds.

are

fitted

with

4

cranes

and

usually are equipped with grabs allowing

them to call more ports with no such

facilities giving them

more versatility.

●

Handymax/Supramax

.

Handymax vessels have a carrying

capacity of 40,000-59,999 dwt.

These

vessels

operate

in

a

large

number

of

geographically

dispersed

global

trade

routes,

carrying

primarily grains and minor

bulks. Within the Handymax category

there is also a

sub-sector known

as Supramax. Supramax

bulk carriers are

ships between 50,000

to 59,999 dwt,

normally offering

cargo

loading

and

unloading

flexibility

with

on-board

cranes,

or

“gear,”

while

at

the

same

time

possessing the cargo carrying capability approaching conventional

Panamax bulk carriers.

52

●

Handysize

.

Handysize vessels have

a carrying capacity

of up

to 39,999 dwt.

These vessels are

primarily

involved

in

carrying

minor

bulk

cargoes.

Increasingly,

ships

of

this

type

operate

within

regional

trading

routes, and

may

serve

as

trans-shipment

feeders

for

larger vessels.

Handysize

vessels are well

suited for small