Diana Shipping Secures Time Charter With Paralos Shipping For One Of Its Kamsarmax Dry Bulk Vessels, The M/V Myrsini; Gross Charter Rate Is $13,500/Day, Anticipated To Generate ~$4.71M Of Gross Revenue For The Minimum Scheduled Period Of The Time Charter; To Commence Jan. 1, 2026

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 Paralos Shipping Pte. Ltd., for one of its Kamsarmax dry bulk vessels, the m/v Myrsini. The gross charter rate is US$13,500 per day, minus a 5.00% commission paid to third parties, for a period until minimum December 20, 2026 up to maximum February 20, 2027. The charter is expected to commence on January 1, 2026. The m/v Myrsini is currently chartered, as previously announced, to Cargill International SA, Geneva, at a gross charter rate of US$13,000 per day, minus a 4.75% commission paid to third parties.

The "Myrsini" is an 82,117 dwt Kamsarmax bulk vessel built in 2010.

The employment of "Myrsini" is anticipated to generate a total of approximately US$4.71 million of gross revenue for the minimum scheduled period of the time charter.