d876027_6-k.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR
15D-16
OF THE SECURITIES EXCHANGE ACT OF 1934
For
the month of April 2008
Commission
File Number: 001-32458
DIANA
SHIPPING INC.
(Translation
of registrant’s name into English)
Pendelis
16, 175 64 Palaio Faliro, Athens, Greece
(Address
of principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Form
20-F [X] Form 40-F
[ ]
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1): ___
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)7: ___
Indicate
by check mark whether the registrant by furnishing the information contained in
this Form is also thereby furnishing the information to the Commission pursuant
to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes
[_] No [X]
If
“Yes” is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b):
INFORMATION
CONTAINED IN THIS FORM 6-K REPORT
Attached
as Exhibit I to this report on Form 6-K is information relating to the
registrant’s commercial banking, financial advisory and investment banking
transactions with Fortis Bank (Nederland) N.V. The disclosure
included therein is being provided to correct typographical errors contained in
Item 7. B. – “Related Party Transactions—Commercial Banking, Financial Advisory
and Investment Banking Services,” of the registrant’s annual report filed on
Form 20-F on March 14, 2008.
Attached
as Exhibit II to this report on Form 6-K is a list of the registrant’s
subsidiaries and their Country of Incorporation. Exhibit II amends
certain information contained in Exhibit 8.l to the registrant’s annual report
filed on Form 20-F on March 14, 2008.
Exhibit
I
Commercial
Banking, Financial Advisory and Investment Banking Services.
Fortis
Bank (Nederland) N.V., which prior to September 2007 owned more than 5% of our
issued and outstanding shares, and its affiliates have provided and may provide
in the future commercial banking, financial advisory and investment banking
services for us for which they receive customary compensation. Fortis Securities
LLC, an affiliate of Fortis Bank (Nederland) N.V., was an underwriter in our
initial public offering in March 2005 and our follow-on offering in December
2005. In November 2006, we entered into a loan facility agreement with Fortis
Bank for a loan of up to $60.2 million and a guarantee facility of up to $36.5
million for the purpose of financing and guaranteeing the payment of part of the
construction cost of our two Capesize dry bulk carriers we have under
construction at the Shanghai Waigaoqiao Shipbuilding Co. Ltd, in China and we
expect to take delivery of in 2010.
Exhibit
II
SUBSIDIARIES
Subsidiary
|
Country
of Incorporation
|
Ailuk
Shipping Company Inc.
|
Marshall
Islands
|
Bikini
Shipping Company Inc.
|
Marshall
Islands
|
Eniwetok
Shipping Company Inc.
|
Marshall
Islands
|
Jaluit
Shipping Company Inc.
|
Marshall
Islands
|
Kili
Shipping Company Inc.
|
Marshall
Islands
|
Knox
Shipping Company Inc.
|
Marshall
Islands
|
Lib
Shipping Company Inc.
|
Marshall
Islands
|
Majuro
Shipping Company Inc.
|
Marshall
Islands
|
Taka
Shipping Company Inc.
|
Marshall
Islands
|
Husky
Trading, S.A.
|
Panama
|
Buenos
Aires Compania Armadora S.A.
|
Panama
|
Cerada
International S.A.
|
Panama
|
Changame
Compania Armadora S.A.
|
Panama
|
Chorrera
Compania Armadora S.A.
|
Panama
|
Cypres
Enterprises Corp.
|
Panama
|
Darien
Compania Armadora S.A.
|
Panama
|
Diana
Shipping Services S.A.
|
Panama
|
Eaton
Marine S.A.
|
Panama
|
Panama
Compania Armadora S.A.
|
Panama
|
Skyvan
Shipping Company S.A.
|
Panama
|
Texford
Maritime S.A.
|
Panama
|
Urbina
Bay Trading, S.A.
|
Panama
|
Vesta
Commercial, S.A.
|
Panama
|
Marfort
Navigation Company Limited
|
Cyprus
|
Silver
Chandra Shipping Company Limited
|
Cyprus
|
Bulk
Carriers (USA) LLC
|
United
States (Delaware)
|
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.
DIANA
SHIPPING INC.
(registrant)
Dated: April
22, 2008
|
By:
|
/s/ Anastassis
Margaronis
|
|
|
Anastassis
Margaronis
President
|
SK 23159 0002
876027