Business Context and Reporting Period
Company: Diana Shipping Inc.
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: Month of June 2006
Date Filed: June 13, 2006
Principal Executive Offices: Athens, Greece
This filing serves to update the list of the Company's subsidiaries and incorporates this information by reference into the Company's effective "Shelf" Registration Statement on Form F-3 (File No. 333-133410), originally filed on April 19, 2006.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is strictly administrative regarding corporate structure and does not contain financial performance data.
Material Changes
The primary material change disclosed in this filing is the update to the list of significant subsidiaries to reflect the incorporation of a new entity:
- New Subsidiary: Ailuk Shipping Company, Inc.
- Jurisdiction: Marshall Islands
- Ownership Interest: 100%
Guidance, Outlook, and Risks
The filing text does not provide management commentary, financial guidance, outlook, specific risks, contingencies, or unusual items. The document focuses solely on the disclosure of subsidiary ownership.
Key Facts for Investor Verification
- Verify the operational status and purpose of the newly incorporated subsidiary, Ailuk Shipping Company, Inc.
- Confirm the total number of subsidiaries listed (14 entities) and their respective jurisdictions (13 in Panama, 1 in Marshall Islands).
- Review the referenced "Shelf" Registration Statement (File No. 333-133410) for broader financial context and capital raising activities.
- Note that this filing does not contain financial results for the period ended June 30, 2006.