Business Context and Reporting Period
Company: Diana Shipping Inc. (NYSE: DSX)
Business: Global provider of shipping transportation services specializing in the ownership and operation of dry bulk vessels. Vessels are primarily employed on medium to long-term time charters transporting commodities such as iron ore, coal, and grain.
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: January 2012 (Announcement of upcoming results for Q4 and Full Year 2011)
Key Financial Metrics
The filing text does not provide specific financial values for revenue, profit, cash flow, margins, debt, or liquidity. This document serves solely as a notice regarding the timing of the upcoming financial release.
Material Changes
No material financial changes are reported in this filing. The document announces the scheduled release date for the fourth quarter and full-year 2011 results.
Guidance, Outlook, and Management Commentary
- Results Release Date: Financial results for the fourth quarter and year ended December 31, 2011, are scheduled for release before the opening of U.S. financial markets on Tuesday, February 28, 2012.
- Conference Call: Management will host a conference call and webcast at 9:00 A.M. (Eastern Time) on February 28, 2012.
- Access Details: Webcast available at www.dianashippinginc.com. Telephone replay available for 30 days with Account number 362 and Replay ID 387625.
Investor Verification Checklist
- Verify the actual financial performance for Q4 and Full Year 2011 when released on February 28, 2012.
- Confirm the company's fleet utilization rates and charter rates during the 2011 period.
- Review the conference call transcript for management's outlook on the dry bulk market for 2012.
- Check for any updates on debt maturity schedules or liquidity positions in the upcoming 20-F filing.