Diana Shipping Inc. announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/v DSI Pegasus (formerly STH Athens), a 2015 built Ultramax dry bulk vessel of 60,508 dwt. The vessel is one of nine modern Ultramax dry bulk vessels that the Company entered into an agreement to purchase in August 2022. Including the newly delivered m/v DSI Pegasus, Diana Shipping Inc.'s fleet currently consists of 41 dry bulk vessels (4 Newcastlemax, 11 Capesize, 5 Post-Panamax, 6 Kamsarmax, 8 Panamax and 7 Ultramax).

The Company also expects to take delivery of 2 Ultramax dry bulk vessels in the fourth quarter of 2022. The combined carrying capacity of fleet, excluding the 2 Ultramax dry bulk vessels not yet delivered, is approximately 4.8 million dwt with a weighted average age of 10.18 years.