Diana Shipping Inc. is an international dry bulk shipping company that owns and operates a fleet of diverse diesel-powered bulk carriers—including Ultramax, Panamax, Kamsarmax, Capesize, and other vessel types—transporting commodities such as coal, iron ore, and grain across global markets. The company generates revenue primarily through time charters (fixed-period vessel leases at agreed daily rates) and voyage charters (cargo-specific transportation contracts), with substantially all income denominated in U.S. dollars and earned in international commerce. The fleet serves global commodity traders, mining companies, agricultural producers, and other charterers, with ships technically managed by joint-venture partnerships and crewed by multinational maritime personnel, while the company actively deploys vessels in response to spot and term charter market conditions to optimize shareholder returns.