Form SCHEDULE 13G DIANA SHIPPING INC. Filed by: F. Laeisz GmbH
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
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UNDER THE SECURITIES EXCHANGE ACT OF 1934
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DIANA SHIPPING INC. (Name of Issuer) |
Shares of Common Stock, par value $0.01 per share (Title of Class of Securities) |
(CUSIP Number) |
04/17/2026 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
| Rule 13d-1(b) |
| Rule 13d-1(c) |
| Rule 13d-1(d) |
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
F. Laeisz GmbH | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
GERMANY
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
7,482,248.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
6.0 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
CO |
Comment for Type of Reporting Person: Represents 6,670,492 shares of common stock of the Issuer, par value $0.01 per share ("common shares"), and 811,756 common shares issuable upon the conversion of 482,766 warrants, in each case held by F. Laeisz GmbH. The warrants are convertible at a current conversion rate of 1.68147, which includes a "Bonus Share Fraction," as set forth and described in the Issuer's annual report on Form 20-F filed with the Securities and Exchange Commission on March 13, 2026 (the "Annual Report"), which is readjusted periodically in conjunction with the record date for dividends or distributions on the Issuer's common shares.
Percentage calculation based on a denominator equal to (a) 123,539,757 common shares outstanding as of March 12, 2026, as reflected in the Annual Report plus (b) 482,766 warrants outstanding (multiplied by the conversion rate), in each case held by F. Laeisz GmbH.
Comment for Type of Reporting Person: The reporting persons initially filed a Schedule 13G with respect to the securities of the Issuer on October 18, 2024, and amended such Schedule 13G on April 30, 2025. Subsequently, on June 6, 2026, the reporting persons' investment intent changed with respect to the securities of the Issuer and the reporting persons filed a Schedule 13D on June 12, 2025 in accordance with Rule 13d-1(e) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). As of April 17, 2026, the reporting persons no longer hold securities of the Issuer with a purpose or effect of changing or influencing control of the Issuer, or in connection with or as a participant in any transaction having that purpose or effect. Accordingly, the reporting persons are filing this statement on Schedule 13G pursuant to Rule 13d-1(c) of the Exchange Act in accordance with Rule 13d-1(h) of the Exchange Act. This Schedule 13G operates as an amendment to the Schedule 13D filed by the reporting persons with respect to the Issuer on June 12, 2025.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
KG Reederei N. Schues mbH + Co. | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
GERMANY
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
7,482,248.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
6.0 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
CO |
Comment for Type of Reporting Person: Represents 6,670,492 common shares, and 811,756 common shares issuable upon the conversion of 482,766 warrants, in each case held by F. Laeisz GmbH. The warrants are convertible at a current conversion rate of 1.68147, which includes a "Bonus Share Fraction," as set forth and described in the Annual Report, which is readjusted periodically in conjunction with the record date for dividends or distributions on the Issuer's common shares.
Percentage calculation based on a denominator equal to (a) 123,539,757 common shares outstanding as of March 12, 2026, as reflected in the Annual Report plus (b) 482,766 warrants outstanding (multiplied by the conversion rate), in each case held by F. Laeisz GmbH.
The reporting persons initially filed a Schedule 13G with respect to the securities of the Issuer on October 18, 2024, and amended such Schedule 13G on April 30, 2025. Subsequently, on June 6, 2026, the reporting persons' investment intent changed with respect to the securities of the Issuer and the reporting persons filed a Schedule 13D on June 12, 2025 in accordance with Rule 13d-1(e) of the Exchange Act. As of April 17, 2026, the reporting persons no longer hold securities of the Issuer with a purpose or effect of changing or influencing control of the Issuer, or in connection with or as a participant in any transaction having that purpose or effect. Accordingly, the reporting persons are filing this statement on Schedule 13G pursuant to Rule 13d-1(c) of the Exchange Act in accordance with Rule 13d-1(h) of the Exchange Act. This Schedule 13G operates as an amendment to the Schedule 13D filed by the reporting persons with respect to the Issuer on June 12, 2025.
SCHEDULE 13G
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| CUSIP No. |
| 1 | Names of Reporting Persons
Nikolaus H. Schues | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b) | ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
GERMANY
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
7,482,248.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
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| 11 | Percent of class represented by amount in row (9)
6.0 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IN |
Comment for Type of Reporting Person: Represents 6,670,492 common shares, and 811,756 common shares issuable upon the conversion of 482,766 warrants, in each case held by F. Laeisz GmbH. The warrants are convertible at a current conversion rate of 1.68147, which includes a "Bonus Share Fraction," as set forth and described in the Annual Report, which is readjusted periodically in conjunction with the record date for dividends or distributions on the Issuer's common shares.
Percentage calculation based on a denominator equal to (a) 123,539,757 common shares outstanding as of March 12, 2026, as reflected in the Annual Report plus (b) 482,766 warrants outstanding (multiplied by the conversion rate), in each case held by F. Laeisz GmbH.
The reporting persons initially filed a Schedule 13G with respect to the securities of the Issuer on October 18, 2024, and amended such Schedule 13G on April 30, 2025. Subsequently, on June 6, 2026, the reporting persons' investment intent changed with respect to the securities of the Issuer and the reporting persons filed a Schedule 13D on June 12, 2025 in accordance with Rule 13d-1(e) of the Exchange Act. As of April 17, 2026, the reporting persons no longer hold securities of the Issuer with a purpose or effect of changing or influencing control of the Issuer, or in connection with or as a participant in any transaction having that purpose or effect. Accordingly, the reporting persons are filing this statement on Schedule 13G pursuant to Rule 13d-1(c) of the Exchange Act in accordance with Rule 13d-1(h) of the Exchange Act. This Schedule 13G operates as an amendment to the Schedule 13D filed by the reporting persons with respect to the Issuer on June 12, 2025.
SCHEDULE 13G
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| Item 1. | ||
| (a) | Name of issuer:
DIANA SHIPPING INC. | |
| (b) | Address of issuer's principal executive offices:
Pendelis 16, 175 64 Palaio Faliro, Athens, Greece | |
| Item 2. | ||
| (a) | Name of person filing:
The reporting persons initially filed a Schedule 13G with respect to the securities of the Issuer on October 18, 2024, and amended such Schedule 13G on April 30, 2025. Subsequently, on June 6, 2026, the reporting persons' investment intent changed with respect to the securities of the Issuer and the reporting persons filed a Schedule 13D on June 12, 2025 in accordance with Rule 13d-1(e) of the Exchange Act. The reporting persons no longer hold securities of the Issuer with a purpose or effect of changing or influencing control of the Issuer, or in connection with or as a participant in any transaction having that purpose or effect. Accordingly, the reporting persons are filing this statement on Schedule 13G pursuant to Rule 13d-1(c) of the Exchange Act in accordance with Rule 13d-1(h) of the Exchange Act. This Schedule 13G operates as an amendment to the Schedule 13D filed by the reporting persons with respect to the Issuer on June 12, 2025. This Schedule 13G is filed jointly by each of the following persons pursuant to a joint filing agreement attached as Exhibit 99.1 to this Schedule 13G:
F. Laeisz GmbH ("Laeisz")
KG Reederei N. Schues mbH + Co. ("KG Reederei")
Nikolaus H. Schues ("Mr. Schues" and together with Laeisz and KG Reederei, the "Reporting Persons")
Laeisz is 48% owned and controlled by KG Reederei. KG Reederei is 68.75% owned and controlled by Mr. Schues. | |
| (b) | Address or principal business office or, if none, residence:
The principal business office of each of Reporting Person is:
Trostbruecke 1
20457 Hamburg
Germany | |
| (c) | Citizenship:
Laeisz is a German corporation.
KG Reederei is a German corporation.
Mr. Schues is a German citizen. | |
| (d) | Title of class of securities:
Shares of Common Stock, par value $0.01 per share | |
| (e) | CUSIP No.:
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| Item 3. | If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: | |
| (a) | Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); | |
| (b) | Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); | |
| (c) | Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); | |
| (d) | Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); | |
| (e) | An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); | |
| (f) | An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); | |
| (g) | A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); | |
| (h) | A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | |
| (i) | A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | |
| (j) | A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution: | |
| (k) | Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). | |
| Item 4. | Ownership | |
| (a) | Amount beneficially owned:
Laeisz 7,482,248
KG Reederei 7,482,248
Mr. Schues 7,482,248 | |
| (b) | Percent of class:
Laeisz 6.0%
KG Reederei 6.0%
Mr. Schues 6.0% %
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| (c) | Number of shares as to which the person has:
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| (i) Sole power to vote or to direct the vote:
Laeisz 0
KG Reederei 0
Mr. Schues 0 | ||
| (ii) Shared power to vote or to direct the vote:
Laeisz 7,482,248
KG Reederei 7,482,248
Mr. Schues 7,482,248 | ||
| (iii) Sole power to dispose or to direct the disposition of:
Laeisz 0
KG Reederei 0
Mr. Schues 0 | ||
| (iv) Shared power to dispose or to direct the disposition of:
Laeisz 7,482,248
KG Reederei 7,482,248
Mr. Schues 7,482,248 | ||
| Item 5. | Ownership of 5 Percent or Less of a Class. | |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. | |
Not Applicable
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| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. | |
Not Applicable
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| Item 8. | Identification and Classification of Members of the Group. | |
Not Applicable
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| Item 9. | Notice of Dissolution of Group. | |
Not Applicable
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| Item 10. | Certifications: |
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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ATTACHMENTS / EXHIBITS