Diana Shipping Inc. Announces the Sale of a Capesize Dry Bulk Vessel, the m/v Aliki

25 Jan 2023 15:41 CET

ATHENS, GREECE, January 25, 2023 – Diana Shipping Inc. (NYSE: DSX), (the
“Company”), a global shipping company specializing in the ownership and bareboat
charter-in of dry bulk vessels, today announced that it has signed, through a
separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an
unaffiliated third party, the 2005-built vessel “Aliki”, with delivery to the
buyer latest by February 28, 2023, for a sale price of US$15.08 million before
commissions.

Upon completion of the aforementioned sale and the expected delivery of 1
Ultramax dry bulk vessel, Diana Shipping Inc.’s fleet will consist of 42 dry
bulk vessels (4 Newcastlemax, 10 Capesize, 5 Post-Panamax, 6 Kamsarmax, 8
Panamax and 9 Ultramax). As of today, the combined carrying capacity of the
Company’s fleet, excluding the 1 Ultramax dry bulk vessel not yet delivered and
including the m/v Aliki, is approximately 4.9 million dwt with a weighted
average age of 10.28 years. A table describing the current Diana Shipping Inc.
fleet can be found on the Company’s website, www.dianashippinginc.com.
Information contained on the Company’s website does not constitute a part of
this press release...

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580732_DSX_Press_Release_Aliki_Sale_250123.pdf