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 extended the time charter contract with Nippon Yusen Kabushiki Kaisha, Tokyo, for one of its Kamsarmax dry bulk vessels, the m/v Myrto. The gross charter rate is US$16,650 per day, minus a 5.00% commission paid to third parties, for a period until minimum September 20, 2027 up to maximum November 20, 2027. The new charter period is expected to commence on April 7, 2026. The m/v Myrto is currently chartered, as previously announced, at a gross charter rate of US$12,000 per day, minus a 5.00% commission paid to third parties.

The employment extension of "Myrto" is anticipated to generate approximately US$8.71 million of gross revenue for the minimum scheduled period of the time charter.

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