Company: DSX-PB
Filing Date: 2025-09-15
Form Type: 6-K
Source: 0001562762-25-000232
Chunk: 12

Company: DIANA SHIPPING INC.
Filing Date: 2025-09-15
Form: 6-K
Chunk 12
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 traveling,

promotional and

other

expenses

of

the

public

company,

such

as

legal

and

professional

expenses

and

other

general

e

xpenses. General

and administrative

expenses are

not affected

by the

size of

the fleet.

However,

they

9

are affected by the exchange rate of the Euro to US Dollars,

as about half of our administrative expenses

are in Euro.

#### Interest and Finance Costs
We incur interest expenses and financing costs in

connection with vessel-specific debt, senior unsecured

bond

and

finance

liabilities.

As

of

June

30,

2025,

total

long-term

debt

amounted

to

$499.0

million

and

finance liabilities amounted to $119.1 million.

We

manage

our

exposure

to

interest

rates

by

maintaining

a

mix

of

floating

and

fixed

interest

rate

financing agreements. Floating rate agreements include secured loan facilities and fixed rate agreements

include

leases

and

our

senior

unsecured

bond.

Also,

in

2023,

we

entered

into

an

interest

rate

swap

for 30% of our $100 million loan facility with DNB, dated June 26, 2023, under which

we pay fixed interest

and receive floating.

#### Inflation
Since

2022

there

have been

significant

global

inflationary pressures

which have

affected

our

operating

and drydocking costs.

#### Results of Operations
**Six months ended June 30, 2025, compared to the six months ended**

#### June 30, 2024
Time

charter revenues.

Time

charter revenues

decreased by

$4.0 million,

or 4%,

to $109.6

million for

the

six

months

ended

June

30,

2025,

compared

to

$113.6

million

for

the

same

period

of

2024.

The

decrease

in

time

charter

revenues

was

due

to

the

decreased

operating

days

in

the

six

months

ended

June 30, 2025, compared to the same period last year,

resulting from the decrease in the size of the fleet