DIANA SHIPPING INC.

Incorporated in 1999 and headquartered in Athens, Greece, Diana Shipping Inc. operates as a dry bulk shipping company providing ocean freight transportation services globally. The company owns and operates a fleet of dry bulk carriers that transport commodities including iron ore, coal, grain, and other bulk materials across international shipping routes. As of March 2025, the fleet comprises 37 vessels across multiple vessel classes: four Newcastlemax, eight Capesize, four Post-Panamax, six Kamsarmax, ten Ultramax, and six Panamax. The company also engages in bareboat charter-in arrangements for additional vessel capacity.

Diana Shipping's primary revenue derives from time charter and voyage charter contracts with commodity producers, traders, and other shipping customers. The company's service offerings span the transport of dry bulk cargoes on established intercontinental and regional trade routes. The fleet composition allows the company to serve various cargo sizes and route requirements, from larger Capesize vessels suitable for major commodity trades to smaller Ultramax and Panamax vessels for regional routes and ports with draft restrictions.

The company operates on a global basis, with shipping operations spanning major trade lanes connecting commodity-producing regions, including Australia, South America, and Africa, with consuming markets in Asia, Europe, and North America.