UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 2 )*
DIANA SHIPPING INC.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
Y2066G104
(CUSIP Number)
December 31, 2007
(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)
|X| Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP No.
Y2066G104
--------------------------------------------------------------------------------
1) Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons (entities only)
Zoe S. Company Ltd.
--------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
--------------------------------------------------------------------------------
3) SEC Use Only
--------------------------------------------------------------------------------
4) Citizenship or Place of Organization. The Bahamas
--------------------------------------------------------------------------------
Number of Shares 5) Sole Voting Power 0
Beneficially --------------------------------------------------------
Owned by Each 6) Shared Voting Power 3,482,210
Reporting --------------------------------------------------------
Person With 7) Sole Dispositive Power 0
--------------------------------------------------------
8) Shared Dispositive Power 3,482,210
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each Reporting Person. 3,482,210
--------------------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Item 9. 4.68%
--------------------------------------------------------------------------------
12) Type of Reporting Person (See Instructions). OO
--------------------------------------------------------------------------------
CUSIP No.
Y2066G104
--------------------------------------------------------------------------------
1) Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons (entities only)
Maas Capital Investments B.V.
--------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
--------------------------------------------------------------------------------
3) SEC Use Only
--------------------------------------------------------------------------------
4) Citizenship or Place of Organization. The Netherlands
--------------------------------------------------------------------------------
Number of Shares 5) Sole Voting Power 0
Beneficially --------------------------------------------------------
Owned by Each 6) Shared Voting Power 3,482,210
Reporting --------------------------------------------------------
Person With 7) Sole Dispositive Power 0
--------------------------------------------------------
8) Shared Dispositive Power 3,482,210
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each Reporting Person. 3,482,210
--------------------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Item 9. 4.68%
--------------------------------------------------------------------------------
12) Type of Reporting Person (See Instructions). OO
--------------------------------------------------------------------------------
CUSIP No.
Y2066G104
--------------------------------------------------------------------------------
1) Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons (entities only)
Partship Holding B.V.
--------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
--------------------------------------------------------------------------------
3) SEC Use Only
--------------------------------------------------------------------------------
4) Citizenship or Place of Organization. The Netherlands
--------------------------------------------------------------------------------
Number of Shares 5) Sole Voting Power 0
Beneficially --------------------------------------------------------
Owned by Each 6) Shared Voting Power 3,482,210
Reporting --------------------------------------------------------
Person With 7) Sole Dispositive Power 0
--------------------------------------------------------
8) Shared Dispositive Power 3,482,210
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each Reporting Person. 3,482,210
--------------------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Item 9. 4.68%
--------------------------------------------------------------------------------
12) Type of Reporting Person (See Instructions). OO
--------------------------------------------------------------------------------
CUSIP No.
Y2066G104
--------------------------------------------------------------------------------
1) Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons (entities only)
FB Corporate Holding B.V.
--------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
--------------------------------------------------------------------------------
3) SEC Use Only
--------------------------------------------------------------------------------
4) Citizenship or Place of Organization. The Netherlands
--------------------------------------------------------------------------------
Number of Shares 5) Sole Voting Power 0
Beneficially --------------------------------------------------------
Owned by Each 6) Shared Voting Power 3,482,210
Reporting --------------------------------------------------------
Person With 7) Sole Dispositive Power 0
--------------------------------------------------------
8) Shared Dispositive Power 3,482,210
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each Reporting Person. 3,482,210
--------------------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Item 9. 4.68%
--------------------------------------------------------------------------------
12) Type of Reporting Person (See Instructions). OO
--------------------------------------------------------------------------------
CUSIP No.
Y2066G104
--------------------------------------------------------------------------------
1) Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons (entities only)
Fortis Bank (Nederland) N.V.
--------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
--------------------------------------------------------------------------------
3) SEC Use Only
--------------------------------------------------------------------------------
4) Citizenship or Place of Organization. The Netherlands
--------------------------------------------------------------------------------
Number of Shares 5) Sole Voting Power 0
Beneficially --------------------------------------------------------
Owned by Each 6) Shared Voting Power 3,482,210
Reporting --------------------------------------------------------
Person With 7) Sole Dispositive Power 0
--------------------------------------------------------
8) Shared Dispositive Power 3,482,210
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each Reporting Person. 3,482,210
--------------------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Item 9. 4.68%
--------------------------------------------------------------------------------
12) Type of Reporting Person (See Instructions). OO
--------------------------------------------------------------------------------
CUSIP No.
Y2066G104
--------------------------------------------------------------------------------
1) Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons (entities only)
Fortis Bank Nederland (Holding) N.V.
--------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
--------------------------------------------------------------------------------
3) SEC Use Only
--------------------------------------------------------------------------------
4) Citizenship or Place of Organization. The Netherlands
--------------------------------------------------------------------------------
Number of Shares 5) Sole Voting Power 0
Beneficially --------------------------------------------------------
Owned by Each 6) Shared Voting Power 3,482,210
Reporting --------------------------------------------------------
Person With 7) Sole Dispositive Power 0
--------------------------------------------------------
8) Shared Dispositive Power 3,482,210
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each Reporting Person. 3,482,210
--------------------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Item 9. 4.68%
--------------------------------------------------------------------------------
12) Type of Reporting Person (See Instructions). OO
--------------------------------------------------------------------------------
CUSIP No.
Y2066G104
--------------------------------------------------------------------------------
1) Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons (entities only)
Fortis Bank S.A./N.V.
--------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
--------------------------------------------------------------------------------
3) SEC Use Only
--------------------------------------------------------------------------------
4) Citizenship or Place of Organization. Belgium
--------------------------------------------------------------------------------
Number of Shares 5) Sole Voting Power 0
Beneficially --------------------------------------------------------
Owned by Each 6) Shared Voting Power 3,482,210
Reporting --------------------------------------------------------
Person With 7) Sole Dispositive Power 0
--------------------------------------------------------
8) Shared Dispositive Power 3,482,210
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each Reporting Person. 3,482,210
--------------------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Item 9. 4.68%
--------------------------------------------------------------------------------
12) Type of Reporting Person (See Instructions). OO
--------------------------------------------------------------------------------
CUSIP No.
Y2066G104
--------------------------------------------------------------------------------
1) Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons (entities only)
Fortis Brussels S.A./N.V.
--------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
--------------------------------------------------------------------------------
3) SEC Use Only
--------------------------------------------------------------------------------
4) Citizenship or Place of Organization. Belgium
--------------------------------------------------------------------------------
Number of Shares 5) Sole Voting Power 0
Beneficially --------------------------------------------------------
Owned by Each 6) Shared Voting Power 3,482,210
Reporting --------------------------------------------------------
Person With 7) Sole Dispositive Power 0
--------------------------------------------------------
8) Shared Dispositive Power 3,482,210
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each Reporting Person. 3,482,210
--------------------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Item 9. 4.68%
--------------------------------------------------------------------------------
12) Type of Reporting Person (See Instructions). OO
--------------------------------------------------------------------------------
CUSIP No.
Y2066G104
--------------------------------------------------------------------------------
1) Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons (entities only)
Fortis S.A./N.V.
--------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
--------------------------------------------------------------------------------
3) SEC Use Only
--------------------------------------------------------------------------------
4) Citizenship or Place of Organization. Belgium
--------------------------------------------------------------------------------
Number of Shares 5) Sole Voting Power 0
Beneficially --------------------------------------------------------
Owned by Each 6) Shared Voting Power 3,482,210
Reporting --------------------------------------------------------
Person With 7) Sole Dispositive Power 0
--------------------------------------------------------
8) Shared Dispositive Power 3,482,210
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each Reporting Person. 3,482,210
--------------------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Item 9. 4.68%
--------------------------------------------------------------------------------
12) Type of Reporting Person (See Instructions). HC
--------------------------------------------------------------------------------
CUSIP No.
Y2066G104
--------------------------------------------------------------------------------
1) Names of Reporting Persons.
I.R.S. Identification Nos. of Above Persons (entities only)
Fortis N.V.
--------------------------------------------------------------------------------
2) Check the Appropriate Box if a Member of a Group (a) [X]
(See Instructions) (b) [ ]
--------------------------------------------------------------------------------
3) SEC Use Only
--------------------------------------------------------------------------------
4) Citizenship or Place of Organization. The Netherlands
--------------------------------------------------------------------------------
Number of Shares 5) Sole Voting Power 0
Beneficially --------------------------------------------------------
Owned by Each 6) Shared Voting Power 3,482,210
Reporting --------------------------------------------------------
Person With 7) Sole Dispositive Power 0
--------------------------------------------------------
8) Shared Dispositive Power 3,482,210
--------------------------------------------------------------------------------
9) Aggregate Amount Beneficially Owned by Each Reporting Person. 3,482,210
--------------------------------------------------------------------------------
10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) [ ]
--------------------------------------------------------------------------------
11) Percent of Class Represented by Amount in Item 9. 4.68%
--------------------------------------------------------------------------------
12) Type of Reporting Person (See Instructions). HC
--------------------------------------------------------------------------------
ITEM 1.
(a) Name of Issuer.
Diana Shipping Inc.
(b) Address of Issuer's Principal Executive Office.
Pendelis 16
175 64 Palaio Faliro
Athens
Greece
ITEM 2.
(a) Name of Persons Filing.
(b) Address of Principal Business Office or if none, Residence.
(c) Citizenship.
Zoe S. Company Ltd.
Scotia House
404 East Bay St.
P.O. Box N-3016
Nassau, N.P. Bahamas
Bahamas international business company
Maas Capital Investments B.V.
Coolsingel 93
3012 AE Rotterdam
The Netherlands
Netherlands private company with limited liability
Partship Holding B.V.
Herengracht 548
1017 CG Amsterdam
The Netherlands
Netherlands private company with limited liability
FB Corporate Holding B.V.
Rokin 55
1012 KK Amsterdam
The Netherlands
Netherlands private company with limited liability
Fortis Bank (Nederland) N.V.
Blaak 555
3011 GB Rotterdam
The Netherlands
Netherlands public company with limited liability
Fortis Bank Nederland (Holding) N.V.
Archimedeslaan 6
3584 BA Utrecht
The Netherlands
Netherlands public company with limited liability
Fortis Bank S.A./N.V.
3 Montagne du Parc
1000 Brussels
Belgium
Belgian public company with limited liability
Fortis Brussels S.A./N.V.
20 Rue Royale
1000 Brussels
Belgium
Belgian public company with limited liability
Fortis S.A./N.V.
20 Rue Royale
1000 Brussels
Belgium
Belgian public company with limited liability
Fortis N.V.
Archimedelaan 6
3584 BA Utrecht
The Netherlands
Netherlands public company with limited liability
(d) Title of Class of Securities.
Common shares
(e) CUSIP Number.
Y2066G104
ITEM 3.
If this statement is filed pursuant to rule 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 association 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) ___ Group, in accordance with section 240.13d-1(b)(1)(ii)(J).
ITEM 4. OWNERSHIP.
Provide the following information regarding the aggregate number and percentage
of the class of securities of the issuer identified in Item 1.
(a) Amount beneficially owned: 3,482,210
(b) Percent of class: 4.68%
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote: 0
(ii) Shared power to vote or to direct the vote: 3,482,210
(iii) Sole power to dispose or to direct the disposition of: 0
(iv) Shared power to dispose or to direct the disposition of: 3,482,210
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following [X].
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not applicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
See Exhibit 1
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
See Exhibit 1
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable
ITEM 10. CERTIFICATION.
After reasonable inquiry and to the best of my knowledge and belief, we certify
that the information set forth in this statement is true, complete and accurate.
Dated: March 28, 2008
Dated: March 28, 2008 ZOE S. COMPANY LTD.
By: +
-----------------------------
Dated: March 28, 2008 MAAS CAPITAL INVESTMENTS B.V.
By: +
-----------------------------
Dated: March 28, 2008 PARTSHIP HOLDING B.V.
By: +
-----------------------------
Dated: March 28, 2008 FB CORPORATE HOLDING B.V.
By: +
-----------------------------
Dated: March 28, 2008 FORTIS BANK (NEDERLAND) N.V.
By: +
-----------------------------
Dated: March 28, 2008 FORTIS BANK NEDERLAND
(HOLDING) N.V.
By: +
-----------------------------
Dated: March 28, 2008 FORTIS BANK S.A./N.V.
By: +
-----------------------------
Dated: March 28, 2008 FORTIS BRUSSELS S.A./N.V.
By: +
-----------------------------
Dated: March 28, 2008 FORTIS S.A./N.V.
By: +
-----------------------------
Dated: March 28, 2008 FORTIS N.V.
By: +
-----------------------------
+ /s/ C. E. Kamphof
------------------------
Attorney in Fact
Exhibit 1
Zoe S. Company Ltd. is the record shareholder of the common shares the subject
of this filing.
Zoe S. Company Ltd. is wholly owned by Maas Capital Investments B.V., a
Netherlands private company with limited liability.
Maas Capital Investments B.V. is wholly owned by Partship Holding B.V., a
Netherlands private company with limited liability.
Partship Holding B.V. is wholly owned by FB Corporate Holding B.V., a
Netherlands private company with limited liability.
FB Corporate Holding B.V. is wholly owned by Fortis Bank (Nederland) N.V., a
Netherlands public company with limited liability.
Fortis Bank (Nederland) N.V. is wholly owned by Fortis Bank Nederland (Holding)
N.V., a Netherlands public company with limited liability.
Fortis Bank Nederland (Holding) N.V. is wholly owned by Fortis Bank S.A./N.V., a
Belgian public company with limited liability.
Fortis Bank S.A./N.V. is 99.804% owned by Fortis Brussels S.A./N.V., a Belgian
public company with limited liability, and 0.196% owned by public investors.
Fortis Brussels S.A./N.V.is 50% owned by Fortis S.A./N.V., a Belgian public
company with limited liability, and 50% owned by Fortis N.V., a Netherlands
public company with limited liability. Both Fortis S.A./N.V. and Fortis N.V. are
holding companies, and both are publicly traded on Euronext.
Joint Filing Agreement
Zoe S. Company Ltd., Maas Capital Investments, B.V., Partship Holding B.V., FB
Corporate Holding B.V., Fortis Bank (Nederland) N.V., Fortis Bank Nederland
(Holding) N.V., Fortis Bank S.A./N.V., Fortis Brussels S.A./N.V., Fortis
S.A./N.V. and Fortis N.V. each hereby agrees, in accordance with Rule
13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, that the
Statement on Schedule 13G filed herewith relating to the common shares, par
value $.01 per share, of Diana Shipping Inc. is, and will be, filed jointly on
behalf of each such person.
Dated: March 28, 2008 ZOE S. COMPANY LTD.
By: +
-----------------------------
Dated: March 28, 2008 MAAS CAPITAL INVESTMENTS B.V.
By: +
-----------------------------
Dated: March 28, 2008 PARTSHIP HOLDING B.V.
By: +
-----------------------------
Dated: March 28, 2008 FB CORPORATE HOLDING B.V.
By: +
-----------------------------
Dated: March 28, 2008 FORTIS BANK (NEDERLAND) N.V.
By: +
-----------------------------
Dated: March 28, 2008 FORTIS BANK NEDERLAND
(HOLDING) N.V.
By: +
-----------------------------
Dated: March 28, 2008 FORTIS BANK S.A./N.V.
By: +
-----------------------------
Dated: March 28, 2008 FORTIS BRUSSELS S.A./N.V.
By: +
-----------------------------
Dated: March 28, 2008 FORTIS S.A./N.V.
By: +
-----------------------------
Dated: March 28, 2008 FORTIS N.V.
By: +
-----------------------------
+ /s/ C. E. Kamphof
------------------------
Attorney in Fact