Core Viewpoint - Diana Shipping Inc. has entered into a time charter contract for its Post-Panamax dry bulk vessel, m/v Phaidra, with Nippon Yusen Kabushiki Kaisha, which is expected to enhance the company's revenue stream significantly [1][2]. Group 1: Charter Agreement Details - The gross charter rate for the m/v Phaidra is set at US$14,500 per day, with a 5.00% commission deducted for third parties, for a period extending from February 24, 2026, to a minimum of February 20, 2027, and a maximum of April 20, 2027 [1]. - The m/v Phaidra is currently under a different charter at a gross rate of US$9,750 per day, also subject to a 5.00% commission [1]. Group 2: Revenue Generation - The employment of the m/v Phaidra is projected to generate approximately US$5.18 million in gross revenue for the minimum scheduled period of the time charter [2]. Group 3: Fleet Composition - Diana Shipping Inc. currently operates a fleet of 36 dry bulk vessels, including various classes such as Newcastlemax, Capesize, Post-Panamax, Kamsarmax, Panamax, and Ultramax [3]. - The total carrying capacity of the fleet, excluding two vessels yet to be delivered, is approximately 4.1 million dwt, with a weighted average age of 12.22 years [3]. - The company anticipates the delivery of two new methanol dual fuel Kamsarmax dry bulk vessels by the second half of 2027 and the first half of 2028 [3]. Group 4: Company Overview - Diana Shipping Inc. specializes in shipping transportation services through the ownership and bareboat charter-in of dry bulk vessels, primarily engaging in short to medium-term time charters [4]. - The vessels transport a variety of dry bulk cargoes, including iron ore, coal, and grain, along global shipping routes [4].

Core Viewpoint - Diana Shipping Inc. has entered into time charter contracts for two dry bulk vessels, the m/v Philadelphia and the m/v Phaidra, which are expected to generate significant revenue for the company [1][3][4]. Group 1: Charter Contracts - The m/v Philadelphia, a Newcastlemax dry bulk vessel, has a gross charter rate of US$21,500 per day, with a contract period from May 29, 2025, to between June 9, 2026, and August 8, 2026 [1]. - The m/v Phaidra, a Post-Panamax dry bulk vessel, has a gross charter rate of US$9,750 per day, with a contract period from May 31, 2025, to between January 1, 2026, and February 28, 2026 [3]. - The combined employments of the Philadelphia and Phaidra are anticipated to generate approximately US$10.03 million in gross revenue for the minimum scheduled periods of the time charters [4]. Group 2: Fleet Information - Diana Shipping Inc. currently operates a fleet of 37 dry bulk vessels, including 4 Newcastlemax, 8 Capesize, 4 Post-Panamax, 6 Kamsarmax, 6 Panamax, and 9 Ultramax vessels [5]. - The total carrying capacity of the fleet, excluding two vessels not yet delivered, is approximately 4.1 million dwt, with a weighted average age of 11.57 years [5]. - 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 [5]. Group 3: 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 [6]. - The company's vessels primarily transport a range of dry bulk cargoes, including iron ore, coal, and grain, along worldwide shipping routes [6].