Company: DSX-PB
Filing Date: 2025-09-15
Form Type: 6-K
Source: 0001562762-25-000232
Chunk: 7

Company: DIANA SHIPPING INC.
Filing Date: 2025-09-15
Form: 6-K
Chunk 7
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the

number

of

vessels

that

constituted

our

fleet

for

the

relevant

period,

as

measured by

the

sum

of

the

number

of

days

each

vessel

was

a

part

of

our

fleet

during

the

period divided by the number of calendar days in the period.

(2)

Ownership

days

are

the

aggregate

number of

days in

a

period

during

which each

vessel

in

our

fleet has

been owned

by us.

Ownership days

are an

indicator of

the size

of our

fleet over

a period

and

affect both the amount of revenues and the amount of expenses that we record during

a period.

(3)

Available days are the

number of our ownership days less

the aggregate number of days that

our

vessels

are

off-hire

due

to

scheduled

repairs

or

repairs

under

guarantee,

vessel

upgrades

or

special

surveys

and the

aggregate amount

of

time

that we

spend

positioning our

vessels for

such events.

The

shipping industry

uses available

days to

measure the

number of

days in

a period

during which

vessels

should be capable of

generating revenues. Our method of

computing available days may not necessarily

be comparable to available days of other companies.

(4)

Operating days

are the

number of

available days

in a

period less

the aggregate

number of

days

that

our

vessels

are

off-hire

due

to

any

reason,

including

unforeseen

circumstances.

The

shipping

industry uses operating days

to measure the aggregate number

of days in a

period during which vessels

actually generate revenues.

(5)

We calculate

fleet utilization

by dividing

the number

of our

operating days

during a

period by

the

number of

our available days

during the period.

The shipping

industry uses fleet

utilization to measure

a

company's

efficiency

in

finding

suitable

employment

for

its

vessels

and minimizing

the

number of

days

that its

vessels are

off-hire