Diana Shipping Inc. Takes Delivery of Panamax Newbuilding Bulk Carrier Wednesday January 25 ATHENS, Greece, Jan. 25 - Diana Shipping Inc. (NYSE: DSX - News), a global shipping transportation company specializing in dry bulk cargoes, announced that it has taken delivery today of a newbuilding Panamax dry bulk carrier, the Coronis, from Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., Shanghai China. The Coronis is a Panamax dry bulk carrier of 74,381 dwt. With the delivery of the Coronis, Diana Shipping has increased its fleet to thirteen vessels (twelve Panamax dry bulk carriers and one Capesize dry bulk carrier). With the delivery of this vessel the Diana Shipping fleet will have a combined carrying capacity of approximately 1.1 million deadweight tons and a weighted average age of 3.6 years. About the Company Diana Shipping Inc. is a global provider of shipping transportation services. The Company specializes in transporting dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes. Diana Shipping Inc. priced its initial public offering of common stock on March 17, 2005.