Diana Shipping Inc. (NYSE:DSX) Q3 2024 Earnings Conference Call November 25, 2024 9:00 AM ET
Company Participants
Edward Nebb – Investor Relations
Semiramis Paliou – Chief Executive Officer
Ioannis Zafirakis – Director, Chief Financial Officer & Chief Strategy Officer
Dave Van der Linden – CCO, Steamship Shipbroking Enterprises Inc.
Conference Call Participants
Climent Molins – Value Investor’s Edge
Operator
Greetings, and welcome to the Diana Shipping Third Quarter 2024 Conference Call and Webcast. At this time all participants are in a listen-only mode.
[Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to turn the call over to Ed Nebb, Investor Relations. Please go ahead, Ed.
Edward Nebb
Thank you, Kevin, and thanks to everyone who is joining us today for the Diana Shipping Inc. 2024 Third Quarter Conference Call. With us today from management is Ms. Semiramis Paliou, Chief Executive Officer, who will introduce the other members of the management team.
And so without further ado, I will turn the call now over to Semiramis Paliou. Please go ahead.
Semiramis Paliou
Thank you, Ed. Good morning, ladies and gentlemen. Welcome to Diana Shipping Inc.’s third quarter 2024 financial results conference call. As Ed said, I’m Semiramis Paliou, the Chief Executive Officer of the company. It’s a pleasure to address you today alongside our esteemed team. Mr. Ioannis Zafirakis, Director, Chief Financial Officer and Chief Strategy Officer; Mrs. Maria Dede, Chief Accounting Officer; and Mr. Dave Vander Linden, Chief Commercial Officer of Steamship Shipbroking Enterprises Inc.
Before we begin, I kindly remind you to review the forward-looking statements on Page 4 of the accompanying Investor presentation. The third quarter of the year has been a tale of two markets. Capesize vessels maintained the relative strength, averaging higher returns than in the previous quarter, while the smaller segments weakened significantly. This
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