Company: DSX-PB
Filing Date: 2025-02-12
Form Type: 6-K
Source: 0000919574-25-001010
Chunk: 1

Company: DIANA SHIPPING INC.
Filing Date: 2025-02-12
Form: 6-K
Chunk 1
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annis Zafirakis                     |
|                       | Director, Co-Chief Financial Officer, |
|                       | Chief Strategy Officer,               |
|                       | Treasurer and Secretary               |
|                       | Telephone: + 30-210-9470-100          |
|                       | Email:izafirakis@dianashippinginc.com |
|                       | Website:www.dianashippinginc.com      |
|                       | X: @Dianaship                         |
| For Immediate Release |                                       |
|                       | Investor and Media Relations:         |
|                       | Edward Nebb                           |
|                       | Comm-Counsellors, LLC                 |
|                       | Telephone: + 1-203-972-8350           |
|                       | Email:enebb@optonline.net             |

DIANA SHIPPING INC. ANNOUNCES THE SALE OF A POST-PANAMAX DRY BULK VESSEL, THE M/V ALCMENE, AND THE DIRECT CONTINUATION OF TIME CHARTER CONTRACT FOR M/V SAN FRANCISCO WITH SWISSMARINE ATHENS, GREECE, February 12, 2025 – 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 it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party, the 2010-built Post-Panamax vessel “Alcmene”, with delivery to the buyer latest by March 7, 2025, for a sale price of approximately US$11.9 million before commissions. The Company also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Pte. Ltd., Singapore, for one of its Newcastlemax dry bulk vessels, the m/v San Francisco. The gross charter rate is US$26,000 per day, minus a 5.00% commission paid to third parties, for a period until minimum October 25, 2026 up to maximum December 25, 2026. The new charter period is expected to commence on February 27, 2025. The m/v San Francisco is currently chartered, as previously announced, at a gross charter rate of US$22,000 per day, minus a 5.00% commission paid to third parties. The “San Francisco” is a 208,006 dwt Newcastlemax dry