Diana Shipping Inc. Q2 2010 Earnings Call Transcript

Diana Shipping Inc. (DSX)

Q2 2010 Earnings Call

August 05, 2010 9:00 am ET

Executives

Edward Nebb - IR

Simeon Palios - Chairman and CEO

Anastassis Margaronis - President

Andreas Michalopoulos - CFO

Ioannis Zafirakis - EVP

Maria Dede - CAO

Analysts

Jon Chappell - JPMorgan

Joshua Katzeff - Deutsche Bank

Gregory Lewis - Credit Suisse Group

Fotis Giannakoulis - Morgan Stanley

Doug Mavrinac - Jefferies & Co.

George Pickral - Stephens Inc.

Presentation

Operator

Compare to:
Previous Statements by DSX
» Diana Shipping Inc. Q1 2010 Earnings Call Transcript
» Diana Shipping Inc. Q4 2009 Earnings Call Transcript
» Diana Shipping Inc. Q3 2009 Earnings Call Transcript.

Greetings and welcome to the Diana Shipping Incorporated 2010 second quarter conference call. (Operator Instructions) As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Edward Nebb, IR advisor for Diana Shipping. Thank you, Mr. Nebb, you may begin.

Edward Nebb

Thank you very much Rob and thanks to all of you for joining us this morning for the company's 2010 second quarter conference call. The members of the Diana Shipping management team who are with us today are Mr. Simeon Palios, Chairman and Chief Executive Officer; Mr. Anastassis Margaronis, President; Mr. Andreas Michalopoulos, Chief Financial Officer; Mr. Ioannis Zafirakis, Executive Vice President and Secretary; and Ms. Maria Dede, Chief Accounting Officer.

Before management begins their remarks, let me briefly summarize the Safe Harbor notice, which you can see in its entirety in the release we issued earlier today. Certain statements made during this conference call, which are not statements of historical fact are forward-looking statements and are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act. Such forward-looking statements are based on assumptions, expectations, projections, intentions, and beliefs as to future events that may not prove to be accurate. For a description of the risks, uncertainties, and other factors that may cause future results to differ materially from the forward-looking statements, please refer to the company's filings with the SEC.