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Ship on the sea

Who we are

Diana Shipping Services S.A. is a wholly owned company of Diana Shipping Inc., specializing in shipmanagement services to a fleet of drybulk vessels owned by our parent company. We prioritize integrity and excellence in our operations and governance, while placing our people and partners at the center of everything we do, to create a thriving, financially strong company.

Ioannis Zafirakis

For 52 years, our legacy of creating value with purpose defines us. Guided by authenticity, curiosity, trustworthiness, and a "doer" spirit, we build for a sustainable future. Backed by the financial strength of our holding company, we turn vision into action with lasting impact.

Ioannis Zafirakis

Chief Financial Officer and Treasurer

Our Purpose

We are a team that consciously creates and builds value for a sustainable future. Driven by our core values and our focus on our own people and the skills they require to thrive, we prioritize integrity and excellence in everything we do.

Our Culture

Our unique culture is rooted in our commitment to our purpose and driven by our core values—being true, curious, trustworthy, and doers—we prioritize integrity and excellence in everything we do. Embarking on this fascinating journey, we are constantly looking ahead to the next 50 years of Diana Shipping Services S.A. This journey is characterized by continuous growth, innovation, and a dedication to the well-being and development of our people, our greatest asset.

ship on the sea

The Story of Diana Shipping Services S.A.

1972

Founding Year of Diana Shipping Agencies S.A.

1972
1973
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Purchase of first Car/Bulker "ELMONA"

1980
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Purchase of first reefers "CHIOS CLIPPER" & "CHIOS PRIDE"

1982
1982

Purchase of first oil tanker m/t "URANIA"

1985
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Delivery of first newbuilding bulk carrier "C.A. MARGARONIS"

1986
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Diana Shipping Services S.A. was formed

1987
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First joint venture with M. Hass.

Purchase of "Maple" & 6 other vessels                         

1989
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Purchase of first MPP containership vessel m/v "TARGA" 

1996
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Delivery of first pure containership vessel m/v "SEMIRA"

2000
2000

Delivery of box shape open hatch bulkers "PINE" & "CEDAR"

2001
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Delivery of first Panamax bulk carrier in company's history m/v "NIREFS"

2005
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Our holding company, Diana Shipping Inc., rings the bell at the NYSE to celebrate its IPO.

2012
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Delivery of first very large bulk carrier m/v "LOS ANGELES"

2017
2017

Diana Shipping Inc. owned the largest fleet in its history of 51 dry bulk carrier vessels.

Today
Semiramis Paliou

Mrs. Semiramis Paliou has served as the CEO of Diana Shipping Services S.A. since 2021.

Honoring Excellence, Inspiring Success

Gold ESG Shipping Award 2024

We are proud to have received the prestigious Gold Environment Leader Award at the 2024 ESG Shipping Awards in Athens. This recognition underscores our unwavering commitment to environmental stewardship, a fundamental pillar of our ESG strategy.

Read more: Gold Environment Leader Award - 2024 ESG Shipping Awards

Gold ESG Shipping Award 2024

At the 2024 ESG Shipping Awards, we were honored with the Gold Diversity, Equity & Inclusion (DEI) Leader Award. This prestigious recognition reflects our unwavering commitment to supporting and protecting our people, a fundamental aspect of our sustainability strategy.

Read more: Gold DEI Leader Award - 2024 ESG Shipping Awards

Dry Cargo Company of the Year at the 2023 Lloyd’s List Greek Shipping Awards

It is with great pride that we share Diana Shipping Inc., under the leadership of our CEO, Mrs. Semiramis Paliou, has been honored as the Dry Cargo Company of the Year at the 2023 Lloyd’s List Greek Shipping Awards. The award was received by our founder, Mr. Simeon Palios, and recognizes our holding company’s financial strength, visionary strategic investments and operational excellence.

Read more: Supporting Strategic Growth: A Key Contributor to Diana Shipping Inc.'s Success