Greek dry bulk owner Diana Shipping has appointed Semiramis Paliou as its deputy chief executive officer effective immediately.
Paliou, who is the daughter of chairman and CEO Simeon Palios, has been a director of Diana since 2015 and chief operating officer since 2018.
Palios will remain fully engaged in his current role, however the company believes that Paliou is ideally suited to eventually succeed as chief executive officer.
Commenting on the appointment, Palios said: “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.”
Diana Shipping owns a fleet of 43 bulkers made up of 15 panamaxes, five kamsarmaxes, five post-panamaxes, 14 capesizes and four newcastlemaxes.