Diana Shipping Charters Kamsarmax Vessel m/v Maia At $14,000/Day For A Period Until Minimum July 5, 2027 Up To Maximum September 5, 2027; Expected To Generate ~$7.45M

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 Maia. The gross charter rate is US$14,000 per day, minus a 5.00% commission paid to third parties, for a period until minimum July 5, 2027 up to maximum September 5, 2027. The new charter period is expected to commence on January 13, 2026. The m/v Maia is currently chartered, as previously announced, at a gross charter rate of US$11,600 per day, minus a 5.00% commission paid to third parties.

The "Maia" is an 82,193 dwt Kamsarmax dry bulk vessel built in 2009.

The employment of "Maia" is anticipated to generate a total of approximately US$7.45 million of gross revenue for the minimum scheduled period of the time charter.