Diana Shipping Inc. Announces the Sale of a Panamax Dry Bulk Vessel, the m/v Selina

Core Viewpoint - Diana Shipping Inc. has signed a Memorandum of Agreement to sell the 2010-built Panamax vessel "Selina" for approximately US$11.8 million, with delivery expected by August 15, 2025 [1] Fleet Composition - Following the sale, Diana Shipping Inc.'s fleet will consist of 36 dry bulk vessels, including 4 Newcastlemax, 8 Capesize, 4 Post-Panamax, 6 Kamsarmax, 5 Panamax, and 9 Ultramax [2] - The combined carrying capacity of the fleet, including the m/v Selina and excluding two vessels not yet delivered, is approximately 4.1 million dwt with a weighted average age of 11.63 years [2] - The company 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 [2] Company Overview - Diana Shipping Inc. is a global provider of shipping transportation services, specializing in the ownership and bareboat charter-in of dry bulk vessels [3] - The vessels are primarily employed on short to medium-term time charters, transporting a range of dry bulk cargoes such as iron ore, coal, and grain along worldwide shipping routes [3]