Company Profile


Diamond S Shipping(DSSI:NYSE)

Diamond S Shipping (NYSE:DSSI)

Stock data as of
10.105


Last: 9.58
Change: 10.04(1618272000%)
Vol: 175900
Open: Tue April 13, 2021 12:00 AM
Low: 0
High: -0.46
Mkt: 440.7924


About Diamond S Shipping

Diamond S Shipping, Inc. engages in the provision of seaborne transportation of crude oil, refined petroleum and other products in the international shipping markets. The company is headquartered in Greenwich, Connecticut and currently employs 40 full-time employees. The company went IPO on 2019-03-18. The firm provides seaborne transportation of crude oil, refined petroleum and other products in the international shipping markets, operating a fleet of 68 vessels with an aggregate of approximately five million deadweight tons (dwt) in carrying capacity. The Company’s vessel operations are composed of two segments: crude tankers, which consists of 15 Suezmax vessels and one Aframax vessel, and product tankers, which consists of 52 medium range (MR) vessels. The Company’s fleet of crude tankers include Frio, San Saba, Red, Colorado, Brazos, Sabine, Pecos and Aisa. Its fleet of product tankers include Alkiviadis, Arionas, Aiolos, Aktoras, Agisilaos, Akeraios, Atrotos, Avax and Assos.

Recent News

SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Diamond S Shipping, Inc. - DSSI

Fri, 09 Apr 2021 21:00:00 -0400 - NEW YORK, April 9, 2021 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Diamond S Shipping, Inc. ("DSSI" or the "Company") ( DSSI )  relating to its proposed merger with International Seaways, Inc. Under the terms of the agreement, DSSI shareholders will receive 0.55375 shares of International Seaways per share they own. The investigation focuses on whether Diamond S Shipping, Inc. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued.

DIAMOND S SHIPPING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Diamond S Shipping Inc. - DSSI

Wed, 07 Apr 2021 19:36:00 -0400 - NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Diamond S Shipping Inc. (NYSE: DSSI) to International Seaways, Inc. (NYSE: INSW). Under the terms of the proposed transaction, shareholders of Diamond will receive only 0.55375 shares of International Seaways for each share of Diamond that they own. KSF is seeking to determine whether this consideration and th

5 Stocks to Watch out for Following Broker Rating Upgrade

Thu, 01 Apr 2021 03:47:15 -0400 - Driven by broker advice, stocks like ABM Industries (ABM), Core-Mark (CORE), Diamond S Shipping (DSSI), Bloomin' Brands (BLMN) and Big Lots (BIG) should be on investors' radar.

Another shipping stock bites the dust as big tanker fleets merge

Wed, 31 Mar 2021 18:34:22 -0400 - The same cast of characters has been in tanker circles for years. If their company goes bust, they pop up somewhere else.

SHAREHOLDER ALERT: WeissLaw LLP Investigates Diamond S Shipping Inc.

Wed, 31 Mar 2021 17:49:00 -0400 - NEW YORK, March 31, 2021 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Diamond S Shipping Inc. ("Diamond S") (NYSE: DSSI) in connection with the proposed acquisition of the Company by International Seaways, Inc. ("INSW" or the "Company") (NYSE: INSW). Under the terms of the merger agreement, Diamond S shareholders will receive 0.55375 shares of INSW common stock for each share of Diamond S common stock that they hold, representing implied per share merger consideration of $10.17 based upon INSW's March 30, 2021 closing price of $18.37.

Diamond S Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Diamond S Shipping Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – DSSI

Wed, 31 Mar 2021 12:11:00 -0400 - NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Diamond S Shipping Inc. (NYSE: DSSI) to International Seaways, Inc. is fair to Diamond S shareholders. Under the terms of the merger agreement, Diamond S shareholders will receive 0.55375 shares of International Seaways common stock for each share of Diamond S common stock held. Halper Sadeh encourages Diamond S shareholders to click here to learn more about their legal rights an

International Seaways and Diamond S Shipping Announce Merger

Wed, 31 Mar 2021 06:00:00 -0400 - NEW YORK & GREENWICH, Conn.--(BUSINESS WIRE)--International Seaways, Inc. (NYSE: INSW) (the “Company” or “INSW”) and Diamond S Shipping Inc. (NYSE: DSSI) (“Diamond S”), two of the leading tanker companies worldwide providing energy transportation services for crude oil and petroleum products in International Flag markets, announced today that their Boards of Directors have unanimously approved a definitive merger agreement pursuant to which INSW will merge with Diamond S in a stock-for-stock tr

Full steam ahead for Wall Street's shipping stocks

Fri, 12 Mar 2021 10:42:15 -0500 - After a decade of head fakes and disappointments, investors can be forgiven their skepticism toward shipping stocks. Add to that the pandemic unknowns.

Diamond S Shipping (DSSI) Reports Q4 Loss, Lags Revenue Estimates

Fri, 12 Mar 2021 08:44:24 -0500 - Diamond S Shipping (DSSI) delivered earnings and revenue surprises of -22.41% and -2.23%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Diamond S Shipping: Q4 Earnings Insights

Fri, 12 Mar 2021 07:02:01 -0500 - Shares of Diamond S Shipping (NYSE:DSSI) moved higher by 0.4% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 194.67% year over year to ($0.71), which beat the estimate of ($0.87).

Source:StockNews