Diana Shipping (DSX) has released an update.
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Diana Shipping Inc. reported a decrease in net income for the third quarter of 2024, with earnings per share dropping to $0.02 compared to $0.06 in the previous year. The decline in income and time charter revenues, which fell from $62.1 million to $57.5 million, is attributed to reduced average charter rates and ownership days. Despite the financial challenges, the company declared a cash dividend of $0.01 per common share for the quarter.
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