Diana Shipping Inc. Announces results of 2010 Annual General Meeting of Shareholders

ATHENS, GREECE August 5, 2010 – Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the transportation of dry bulk cargoes, announced today that the Company’s Annual General Meeting of Shareholders was duly held on August 4, 2010, in Istanbul, Turkey pursuant to a Notice of Annual Meeting of Shareholders dated June 22, 2010. Broadridge Financial Solutions, Inc. acted as inspector of the Meeting.

At the Meeting, each of the following proposals, which are set forth in more detail in the Notice of Annual Meeting of Shareholders and the Company’s Proxy Statement sent to shareholders on or around June 22, 2010; were approved and adopted:

(1) The re-election of Mr. William (Bill) Lawes and Mr. Konstantinos Psaltis as Class II Directors of the Company, to serve until the 2013 Annual General Meeting of Shareholders;

(2) The appointment of Ernst & Young (Hellas) as the Company's independent auditors for the fiscal year ending December 31, 2010;

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. press release