Xin-Chun

Through a separate wholly-owned subsidiary, the Diana Shipping Inc has entered into a time charter contract with SwissMarine Services S.A., Geneva, for the "Aliki. The gross charter rate is US$18 000/day, minus a 5% commission paid to third parties, for a period of minimum 20 months to maximum 22 months. The charter was expected to commence on April 4, 2018. The bulkcarrier is currently chartered, as previously announced, at a gross charter rate of US$10 300/day, minus a 5% commission paid to third parties. This addition is anticipated to generate approximately US$10.8 million of gross revenue for the minimum scheduled period of the time charter.

dely Tobata 10/20 Feb, $10,100, for 13/15 months trading, to SwissMarine

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels has agreed, through a separate wholly-owned subsidiary, to extend the present time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the M/V Aliki, for a period of about eleven (11) months to maximum fourteen (14) months, the Company said in a press release. The gross charter rate is US$10,300 per day, minus a 5% commission paid to third parties. The new charter period is expected to commence on February 13, 2017. The “Aliki” is a 180,235 dwt Capesize dry bulk vessel built in 2005.