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Athens, Greece - August 11, 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, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Solebay Shipping Cape Company Limited, Hong Kong, for one of its Capesize dry bulk vessels, the m/v Semirio. The gross charter rate is US$14,150 per day, minus a 5% commission paid to third parties, for a period until minimum November 20, 2024 up to maximum January 30, 2025. The charter is expected to commence on August 20, 2023. The "Semirio" is an 174,261 dwt Capesize dry bulk vessel built in 2007. The employment of "Semirio" is anticipated to generate approximately US$6.38 million of gross revenue for the minimum scheduled period of the time charter.
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. About the Company Diana Shipping Inc. is a global provider of shipping transportation services through its ownership and bareboat charter-in of dry bulk vessels. The Company's vessels are employed primarily on short to medium-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes. Diana Shipping Inc. press release 
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