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    Lars Moen Eide • Arctic Securities

    Lars Moen Eide is a Senior Equity Analyst at Arctic Securities specializing in shipping and energy markets, with a particular focus on companies such as Maersk, DHT Holdings, Hafnia Limited, Navigator Holdings, Star Bulk Carriers, Cool Company, and International Seaways. Eide has delivered a strong performance track record, consistently outperforming consensus estimates and generating notable upside recommendations on key tanker and bulk shipping stocks, including 15-25% above consensus in revenue and EPS projections for covered firms. Having started his career in the financial industry before joining Arctic Securities, Eide brings in-depth sector insights and is cited for his strategic recommendations on major shipping transactions. He holds FINRA-compliant research analyst credentials and is recognized for his comprehensive market coverage and analytical rigor.

    Lars Moen Eide's questions to Diana Shipping Inc (DSX) leadership

    Lars Moen Eide's questions to Diana Shipping Inc (DSX) leadership • Q2 2025

    Question

    Lars Moen Eide from Arctic Securities questioned the rationale behind the recent investment in Genco Shipping & Trading Limited, asking about the investment's time horizon and why the company chose this over repurchasing its own shares, which traded at a steeper discount to NAV.

    Answer

    Ioannis Zafirakis, Director and Co-Chief Financial Officer, explained the Genco investment is a medium to long-term strategic move. He cited Genco's quality as a well-run, dividend-paying company with a different chartering strategy. Zafirakis emphasized the value of Diana Shipping's strategic positioning as a major shareholder, deeming it a better current option than share buybacks, without ruling out future repurchases.

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