Diana Shipping Inc. Announces Date for Its 2014 Annual Meeting of Shareholders

Diana Shipping Inc. Announces Date for Its 2014 Annual Meeting of Shareholders

ATHENS, Greece, March 13, 2014 (GLOBE NEWSWIRE) -- Diana Shipping Inc.
(NYSE:DSX) (the "Company"), a global shipping company specializing in the
ownership of dry bulk vessels, announced today that its Board of Directors
(the "Board") has scheduled the Company's Annual Meeting of Shareholders (the
"Meeting") for May 6, 2014. The Board has set a record date for the Meeting of
March 24, 2014.

About the Company

Diana Shipping Inc. is a leading global provider of shipping transportation
services through its ownership of dry bulk vessels. The Company's vessels are
employed primarily on medium to long-term time charters and transport a range
of dry bulk cargoes, including such commodities as iron ore, coal, grain and
other materials along worldwide shipping routes.

CONTACT: Corporate Contact:
         Ioannis Zafirakis
         Director, Executive Vice-President and Secretary
         Telephone: + 30-210-9470-100
         Email: izafirakis@dianashippinginc.com
        
         Investor and Media Relations:
         Edward Nebb
         Comm-Counsellors, LLC
         Telephone: + 1-203-972-8350
         Email: enebb@optonline.net
 
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