Diana Shipping Inc.
announced that it has filed a shelf Registration Statement
pursuant to which up to $423,525,000 of securities may be offered from time to time by the Company and up to 8,000,000 of the Company's common shares
may be sold from time to time by the selling shareholders.
The $423,525,000 of securities that may be offered by the Company represent
the balance of the securities remaining under the Company's previous $500
million shelf registration statement that
was filed on April 19, 2006, and
does not constitute any additional securities that may be offered by the