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DIANA SHIPPING INC. – Board of Directors– Training on ESG and Reporting

Diana Shipping specializes in the ownership and bareboat charter-in of dry bulk vessels. As of January 10, 2025, its fleet consists of 39 dry bulk vessels, excluding the two methanol dual fuel new-building Kamsarmax dry bulk vessels, not yet delivered: 4 Newcastlemax, 8 Capesize, 5 Post-Panamax, 6 Kamsarmax, 6 Panamax, and 10 Ultramax (including a partial interest through a joint venture arrangement in one Ultramax). As of the same date, the combined carrying capacity of its fleet (excluding m/v DSI Drammen and the two methanol dual fuel new-building Kamsarmax dry bulk vessels) is approximately 4.2 million dwt with a weighted average age of 11.28 years

The Challenge

Sustainability factors – e.g. environmental, social and governance (ESG) – affect companies’ ability to generate long term value and execute not only successful but also reliable strategies. Among our customers and partners, Diana Shipping Inc. has a global reputation for high standards of conduct, performance and safety, in a coherent manner. The Company is committed to openness, probity and accountability in all its affairs

The Solution

CSE conducted training for the company’s Board of Directors on Sustainability and ESG. The aim of the training was to educate participants regarding ESG ratings, reporting and how to implement Sustainability Strategy on the organization. The training was custom made by CSE, it included case studies and best practices from organizations in the same sector and benchmarking with competitor organizations.

The Benefits

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Increased awareness on ESG and Sustainability

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Create a common “language” for the Board of Directors to communicate on ESG and Sustainability issues

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Understand competitors' performance and best practices on ESG and Sustainability

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