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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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Diana Shipping Inc. IPO in NYSE (DSX)

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

Consistent with our commitment to reducing our carbon footprint, our Company received recognition for its decarbonization plan, featuring strategic initiatives like the ordering of two state of the art new-building methanol dual fuel Kamsarmax dry bulk vessels, investing in offshore wind farm support vessels, implementating carbon capture and storage system onboard and adopting novel nano coating applications on ships' hulls to reduce GHG emissions and improve our fleet’s environmental efficiency. #GoForGreen

Gold ESG Shipping Award 2024

Aligned with the second pillar of our ESG strategy "Protecting and Developing People," and priority areas such as Safety at Sea, Labour issues, and Equality and Anti-discrimination our ship management company, Diana Shipping Services S.A., was honored for its advanced gender equity and inclusion program. The Diversity and Inclusion at Workplace program integrates an unbiased recruitment process, fosters cultural awareness and prevents harassment, empowered by our participation in the Diversity@Sea pilot initiative. The “Youth@Diana” program promotes youth employability through targeted initiatives. Additionally, our policy against violence, discrimination and harassment was adopted accompanied by rigorous training for all employees and a confidential reporting process. #GoForPeople

Gold ESG Shipping Award 2023 on People Category for our "Together For Good Program"

This recognition highlights our #GoForPeople commitment to having a positive impact on the lives of people, focusing on safety and well-being.