Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Atalandi with Stone Shipping

ATHENS, GREECE, July 23, 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 extended the time charter contract with Stone Shipping Ltd, for one of its Ice Class Panamax dry bulk vessels, the m/v Atalandi. The gross charter rate is US$16,500 per day, minus a 5.00% commission paid to third parties, for a period until minimum August 1, 2027 up to maximum September 30, 2027. The new charter period is expected to commence on August 5, 2026. The m/v Atalandi is currently chartered, as previously announced, at a gross charter rate of US$10,100 per day, minus a 5.00% commission paid to third parties.

The “Atalandi” is a 77,529 dwt Ice Class Panamax dry bulk vessel built in 2014.

The employment extension of “Atalandi” is anticipated to generate approximately US$5.89 million of gross revenue for the minimum scheduled period of the time charter.

Diana Shipping Inc.’s fleet currently consists of 36 dry bulk vessels (4 Newcastlemax, 8 Capesize, 4 Post-Panamax, 6 Kamsarmax, 5 Panamax and 9 Ultramax). The Company also expects to take delivery of two methanol dual fuel new-building Kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028, respectively. As of today, the combined carrying capacity of the Company’s fleet, excluding the two vessels not yet delivered, is approximately 4.1 million dwt, with a weighted average age of 12.66 years. A table describing the current Diana Shipping Inc. fleet can be found on the Company’s website, www.dianashippinginc.com. Information contained on the Company’s website does not constitute part of this press release...