Diana Shipping Signs Time Charter For Post-Panamax Vessel Polymnia At $14,000/Day; Generating ~$3.28M Of Gross Revenue

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 Oldendorff Carriers GmbH & Co. KG, for one of its Post-Panamax dry bulk vessels, the m/v Polymnia. The gross charter rate is US$14,000, minus a 5.00% commission paid to third parties, for a period until minimum April 10, 2026 up to maximum June 10, 2026. The charter is expected to commence on August 17, 2025.

The "Polymnia" is a 98,704 dwt Post-Panamax dry bulk vessel built in 2012.

The employment of "Polymnia" is anticipated to generate approximately US$3.28 million of gross revenue for the minimum scheduled period of the time charter.