Diana Shipping Inc. (DSX): What You Need To See

It’s important, though, not to get too optimistic about shipping right now. Diana still faces competition not just from other specialty shipping companies but also from private fleets that many potential customers have set up to ship their own goods. Moreover, as long as overcapacity exists, the barriers to entry for new companies seeking to build up a shipping business on the cheap will remain low.

In Diana Shipping Inc. (NYSE:DSX)’s report, look closely for discussion of whether the company plans to upgrade its fleet to newer high-efficiency vessels. High fuel costs make such moves smart from an operating-cost perspective, but with Diana losing money, it might not be willing to make big capital expenditures right now despite the potential long-term gain.

The article Diana Shipping Looks for Smoother Sailing Ahead originally appeared on Fool.com and is written by Dan Caplinger.

Motley Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter @DanCaplinger. The Motley Fool has no position in any of the stocks mentioned.

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