 ATHENS, Greece, June 04, 2021 GLOBE NEWSWIRE -- Diana Shipping Inc. NYSE: DSX, the Company, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Olam International Limited, Singapore, for one of its Capesize dry bulk vessels, the mv P. S. Palios. The gross charter rate is US26,500 per day, minus a 4.75 commission paid to third parties, for a time charter period until minimum February 15, 2022 up to maximum April 15, 2022. The charter is expected to commence on June 6, 2021. The mv P. S. Palios is currently chartered, as previously announced, to C Transport Maritime Ltd., Bermuda, at a gross charter rate of US12,050 per day, minus a 5 commission paid to third parties. 