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Semiramis Paliou News

23 Oct 2023

Offshore Wind: Newly Formed Consortium Orders Two CSOVs from VARD

Credit: VARD

The Windward Offshore consortium said Monday it had ordered two state-of-the-art Commissioning Service Operation Vessels (CSOV) from VARD to "establish a sturdy basis for its maritime asset services focusing on bolstering the burgeoning offshore wind industry."Winward Offshore is a consortium currently under establishment and is led by SeaRenergy Group in collaboration with Blue Star Group, Diana Shipping Inc., and SeraVerse GmbH."Windward Offshore will play a key role in the energy transition by providing integrated offshore wind service solutions.

27 Sep 2023

Diana Inks LOI to Order Methanol Dual-fuel Bulkers

© Björn Wylezich / Adobe Stock

Dry bulk shipowner Diana Shipping announced it has signed a letter of intent (LOI) to order through Marubeni Corporation or its guaranteed nominee, an unaffiliated third party, two 81,200 dwt methanol dual fuel new-building Kamsarmax dry bulk vessels, for a purchase price of $46 million each, built at Tsuneishi Group (Zhoushan) Shipbuilding Inc., China.The vessels are expected to be delivered by the second half of 2027 and the first half of 2028 respectively. The transaction remains…

19 Oct 2021

Diana Shipping Forms Spin-off OceanPal

(Photo: Diana Shipping)

Dry bulk shipping company Diana Shipping Inc. announced Tuesday that, through a wholly-owned subsidiary, it has filed a registration statement on Form 20-F pursuant to the Securities Exchange Act of 1934 to effect a spin-off of three of the company’s older dry bulk vessels. OceanPal Inc., the newly formed subsidiary that will act as the holding company for the three dry bulk vessels, has applied to have its common shares listed on the Nasdaq Capital Market.In connection with the spin-off transaction…

09 Mar 2021

Diana Shipping to Implement ABS' Digital Environmental Platform

New Orleans. (Photo: Diana Shipping Services S.A.)

ABS said it has signed an agreement with Diana Shipping Services S.A. (DSS) to implement the ABS Environmental Monitor digital sustainability solution across 31 vessels under its management.Part of the ABS My Digital Fleet risk management platform, ABS Environmental Monitor is a cloud-based application leveraging vessel waste stream and emissions data to provide transparent reporting to support more sustainable vessel operations.“ABS Environmental Monitor is a powerful tool designed to support forward thinking shipowners and operators…

24 Feb 2021

Semiramis Paliou Named CEO of Diana Shipping

(Photo: Diana Shipping)

Semiramis Paliou has been named chief executive officer of Greek dry bulk shipowner Diana Shipping, replacing her father Simeon Palios who will remain as chairman.Paliou has served as a director of the company since March 2015, deputy CEO since October 2019 and chief operating officer since August 2018. She has more than 20 years of experience in shipping, having begun her career at Lloyd's Register in 1996.Paliou's appointment is part of a series of senior management changes…

25 Mar 2020

Diana Shipping CEO Tests Positive for COVID-19

© Volodymyr Kyrylyuk / Adobe Stock

Simeon Palios, chairman and CEO of Greek shipowner Diana Shipping, has tested postitive for COVID-19, and the company's board has appointed his daughter, deputy CEO Semiramis Paliou, as acting CEO on a temporary basis.As of March 24, Diana's fleet consists of 41 dry bulk vessels (four Newcastlemax, 13 Capesize, five Post-Panamax, five Kamsarmax and 14 Panamax), with a combined carrying capacity of 5.1 million dwt with a weighted average age of 9.52 years.

25 Oct 2019

Diana Shipping Appoints Semiramis Paliou

Diana Shipping announced the appointment of Ms. Semiramis Paliou to the office of Deputy Chief Executive Officer, effective immediately.Ms. Paliou has served as a director of the Company since 2015 and as Chief Operating Officer since 2018, and will continue to serve in these roles, said the global shipping company specializing in the ownership of dry bulk vessels.It is expected that the company’s current Chief Executive Officer and Chairman, Simeon Palios, will remain fully engaged in his current role. The appointment was made by the unanimous decision of the board of directors upon the recommendation of the company’s independent Nominating Committee.Commenting on the appointment…

01 Aug 2018

Diana Shipping Appoints Directors and Executive Officers

Diana Shipping announced that, effective August 1, 2018, the Company increased the size of its Board of Directors from nine to eleven members.The global shipping company specializing in the ownership of dry bulk vessels appointed Christos Glavanis to serve as a Class I Director and appointed Mr. Andreas Michalopoulos, the Company’s Chief Financial Officer and Treasurer, to serve as a Class III director, in each case effective August 1, 2018.The Board has determined that Glavanis is an “independent director” as such term is defined under the Securities Exchange Act of 1934, as amended, and the New York Stock Exchange Listing Manual.Christos Glavanis has over 30 years of experience in the audit profession…

04 Feb 2016

Diana Shipping to Acquire Three Panamax Ships

Diana Shipping Inc. has signed, through three separate wholly-owned subsidiaries, three Memoranda of Agreement to acquire from a related party three Panamax vessels for an aggregate purchase price of $39.8 million. These vessels are the m/v Sunshine, a 2010 built Panamax dry bulk vessel of 75,700 dwt, the m/v Manzoni, a 2013 built Panamax dry bulk vessel of 75,403 dwt and the m/v Infinity 9, a 2013 built Panamax dry bulk vessel of 77,901 dwt, all built by Jiangnan Shipyard (Group) Co., Ltd. The delivery of the vessels to the buyers is expected by the end of March 2016. The company has agreed to acquire the vessels from entities affiliated with Semiramis Paliou and Aliki Paliou, each of whom is a family member of the company’s Chairman and Chief Executive Officer.