Simeon Palios Discloses Investment at Diana Shipping Inc. with 5.7% Stake

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Simeon Palios, a director of Diana Shipping Inc. (DSX), has disclosed a 5.7% stake in the company, held indirectly through Taracan Investments S.A. and Limon Compania Financiera S.A. This investment, formalized with a Schedule 13D filing on March 13, 2026, includes a recent grant of 1,694,227 shares to Taracan. Palios, a seasoned Greek shipping executive, is positioned to influence the company’s strategy and governance, maintaining flexibility to adjust his holdings and potentially collaborate with other shareholders to enhance shareholder value.

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