Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 319

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 19
Chunk 319
---
ated

statement

of

income

over

the
respective vesting periods. In

2024, 2023 and 2022,

compensation cost amounted

to $
10,012, $
9,938
and
$
9,282,

respectively,

and

is

included

in

general

and

administrative

expenses

in

the

accompanying
consolidated statements of income.
As of

December 31,

2024 and

2023, the

total unrecognized cost

relating to

restricted share

awards was
$
11,674
and $
14,880, respectively. As of

December 31,

2024, the weighted-average

period over

which the
total compensation cost related to

non-vested awards not yet

recognized is expected to be

recognized is
1.54
years.

12.

Voyage expenses
The amounts in the accompanying consolidated statements of income

are analyzed as follows:

2024
2023
2022
Commissions
$
11,640
$
13,331
$
14,412
Loss/(gain) from bunkers
725
(474)
(8,100)
Port expenses and other
1,242
764
630
Total
$
13,607
$
13,621
$
6,942

13.

Interest and Finance Costs
The amounts in the accompanying consolidated statements of income

are analyzed as follows:

2024
2023
2022
Interest expense, debt
$
38,385
$
39,617
$
21,983
Finance liabilities interest expense
6,353
6,786
2,735
Amortization of debt and finance liabilities issuance costs
2,372
2,620
2,286
Loan and other expenses
358
308
415
Interest expense and finance costs
$
47,468
$
49,331
$
27,419

14.

Earnings per Share
All common

shares issued

(including the

restricted shares

issued under

the Company’s

incentive plans)
are

the

Company’s

common

stock

and

have

equal

rights

to

vote

and

participate

in

dividends.

The
calculation of basic earnings per share does not treat the non-vested shares (not considered participating
securities) as outstanding until the time/service-based

vesting restriction has lapsed.
The dil