FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Blankenship Alexandra Kate
2. Issuer Name and Ticker or Trading Symbol

Diamond S Shipping Inc. [ DSSI ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

33 BENEDICT PLACE, 2ND FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

5/28/2021
(Street)

GREENWICH, CT 06830
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 6/1/2021  M  7762 A (4)15663 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (1)5/28/2021  A   7951     (2) (2)Common Stock 7951 $0 15713 D  
Restricted Stock Units  (1)6/1/2021  M     7762   (3) (3)Common Stock 7762 $0 7951 D  

Explanation of Responses:
(1) Each restricted stock unit represents a contingent right to receive one share of common stock ("Common Stock") of Diamond S Shipping Inc. (the "Company").
(2) The award represents a grant of restricted stock units pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan. Under the terms of the award agreement, the award vests on the earlier of (i) the first anniversary of the date of the grant, and (ii) the day immediately prior to the Company's 2022 Annual Meeting of Shareholders (subject to certain exceptions, as described in the award agreement).
(3) The restricted stock unit award was granted on May 29, 2020 pursuant to the Diamond S Shipping Inc. 2019 Equity and Incentive Compensation Plan and vested in full on June 1, 2021.
(4) Represents the conversion upon vesting of restricted stock units into Common Stock. On May 29, 2020, the reporting person was granted 7,762 restricted stock units, of which all of the shares subject to the restricted stock units vested on June 1, 2021. Such restricted stock units were previously reported in Table II on the Form 4 filed with the Securities and Exchange Commission on June 2, 2020.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Blankenship Alexandra Kate
33 BENEDICT PLACE, 2ND FLOOR
GREENWICH, CT 06830
X



Signatures
/s/ Alexandra Kate Blankenship6/2/2021
**Signature of Reporting PersonDate

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