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Time charter contract for Diana Shipping

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Dry Bulk,

Diana Shipping Inc. has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with BG Shipping Co., Limited, Hong Kong, for one of its Post-Panamax dry bulk vessels, the m/v Amphitrite. The gross charter rate is US$27 000/d, minus a 5% commission paid to third parties, for a period until minimum 15 October 2022 up to maximum 15 December 2022. The charter commenced earlier today.

The Amphitrite is a 98 697 DWT Post-Panamax dry bulk vessel built in 2012.

The employment of Amphitrite is anticipated to generate approximately US$10.58 million of gross revenue for the minimum scheduled period of the time charter.

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