Diana appoints Paliou Deputy CEO
(Posted on 04/11/19)
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced the appointment of Ms. Semiramis Paliou to the office of Deputy Chief Executive Officer, effective immediately. She is the daughter of Diana founder Simos Palios. Ms. Paliou has served as a director of the Company since 2015 and as Chief Operating Officer since 2018, and will continue to serve in these roles. It is expected that the Company’s current Chief Executive Officer and Chairman, Mr. Simeon Palios, will remain fully engaged in his current role. The appointment was made by the unanimous decision of the board of directors upon the recommendation of the Company’s independent Nominating Committee.
The Company’s vessels are employed primarily on medium to long-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes.
Commenting on the appointment, Mr. Konstantinos Psaltis, the Chairman of the Company’s Nominating Committee, stated:
“The Nominating Committee believes that Semiramis Paliou is ideally suited to eventually succeed to the chief executive’s office and to continue the disciplined growth of the Company began by our current Chairman and Chief Executive Officer, Mr. Simeon Palios. As a director and current officer of the Company, Semiramis has demonstrated both her deep knowledge and understanding of the shipping industry as a whole as well as her strong leadership capabilities within the Company. While the committee fully expects Simeon to continue to serve the Company in his current capacity for the foreseeable future, today’s appointment is made in recognition of the importance to all stakeholders of a seamless transition of this crucial position.”
Further commenting on the appointment, Mr. Simeon Palios stated:
“The appointment of Semiramis marks the beginning of an important transition to a new generation of senior leadership that I am confident will continue the strategic vision and principles that has served our Company so well since its founding and initial public offering in 2005. I wish to thank the Nominating Committee and all of my fellow board members for taking this important step today.”
Latest News
AtoB@C Shipping takes delivery of Fleximar
(Posted on 23/12/25)AtoB@C Shipping, a subsidiary of ESL Shipping, has announced the successful delivery of Fleximar, the... Read more
Western Bulk re-enters ship ownership with selected partners
(Posted on 18/12/25)Western Bulk, together with reputable Norwegian partners A/S J. Ludwig Mowinckels Rederi, Premium Maritime... Read more
Pacific Basin announces formation of a Sustainable Energy Solutions team
(Posted on 18/12/25)Pacific Basin Shipping Limited, one of the world’s leading dry bulk shipping companies, has announced... Read more
Columbia expects significant growth as more owners shift operations to the UAE
(Posted on 09/12/25)Columbia Group anticipates a period of strong expansion as an increasing number of international shipowners... Read more
Norse Ship Management emerges as digital leader among new-generation ship managers
(Posted on 09/12/25)Norse?Ship Management has expanded its use of Smart Ship Hub’s high frequency sensor data and... Read more
Maritime health experts welcome STCW amendments, but urge against checkbox compliance
(Posted on 09/12/25)As the maritime industry gears up to welcome the IMO’s STCW bullying and harassment training amendments... Read more
NORDEN acquires Southern African cargo activities of Taylor Maritime
(Posted on 02/12/25)NORDEN has acquired the cargo activities of Taylor Maritime in Southern Africa (previously operated... Read more
IMO delay could spark fragmentation risks, warns EmissionLink
(Posted on 02/12/25)Philippos Ioulianou, Managing Director of EmissionLink, has warned the IMO’s decision to delay... Read more
VIKAND highlights bullying and harassment as major mental health concern
(Posted on 02/12/25)VIKAND has highlighted the need for cultural change in the maritime sector as reports of bullying, harassment... Read more
DNV and WMMF guide to support shipowners' path to net-zero
(Posted on 24/11/25)The maritime industry is experiencing a period of significant transformation, driven by rapidly evolving... Read more
