DSX

VesselsValue Data Shows That Fleet Values Are Subject to Meaningful Fluctuation and Do Not Uniformly Support Genco's Claims

ATHENS, Greece, July 27, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Classic Maritime Inc., for one of its Newcastlemax dry bulk vessels, the m/v Philadelphia. The gross charter rate is US$35,500 per day, minus a 5.00% commission paid to third parties, for a period until minimum March 10, 2027 up to maximum May 10, 2027. The charter is expected to commence on August 8, 2026. The m/v Philadelphia is currently chartered, as previously announced, to Refined Success Limited, at a gross charter rate of US$21,500 per day, minus a 5.00% commission paid to third parties.

Offer of $27.34 Per Share, Comprised of $24.80 in Cash and One Diana Share, Remains on the Table Genco's Characterization of Advisor Engagement to Discuss the Price, Terms and Structure of Diana's Proposal Is False More Than Five Weeks After Diana's Most Recent Offer, the Genco Board Continues to Use Stall Tactics to Avoid Real Engagement Diana Terminates Tender Offer to Eliminate Genco's Latest Excuse for Failing to Engage Substantively ATHENS, Greece, July 27, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), today responded to Genco's false and misleading July 23 news release, which claimed that Genco's advisors had "engaged with Diana's advisors on multiple occasions in recent weeks to discuss the price, terms and structure of Diana's proposal." Diana also announced that its tender offer to acquire all outstanding shares of Genco not already owned by Diana expired on July 24, 2026, at 5:00 p.m.

ATHENS, Greece, July 23, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with Stone Shipping Ltd, for one of its Ice Class Panamax dry bulk vessels, the m/v Atalandi. The gross charter rate is US$16,500 per day, minus a 5.00% commission paid to third parties, for a period until minimum August 1, 2027 up to maximum September 30, 2027. The new charter period is expected to commence on August 5, 2026. The m/v Atalandi is currently chartered, as previously announced, at a gross charter rate of US$10,100 per day, minus a 5.00% commission paid to third parties.

ATHENS, Greece, July 20, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Fednav International Ltd., for one of its Ultramax dry bulk vessels, the m/v DSI Pegasus.

ATHENS, Greece, July 14, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that its financial results for the second quarter ended June 30, 2026 are scheduled to be released before the opening of the U.S. financial markets on Thursday, July 30, 2026.

11.1 Million, or 29.7% of Outstanding Shares Not Owned by Diana, Tendered into Offer as of July 10 Latest Direct Proposal of $27.34 Per Share, Comprised of $24.80 in Cash and One Diana Share, Remains on the Table ATHENS, Greece, July 13, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), today announced that its tender offer to acquire all outstanding shares of Genco not already owned by Diana has been extended to July 24, 2026, at 5:00 p.m., New York City time.

The Answer: Because the Genco Board Can't Take the Heat That Comes with Shareholders Expressing Their Views Genco Board Has Resorted to Arguing Petty Technicalities Instead of Engaging with Diana Keeps Making Hollow Claim That Shareholders Will Only Receive $24.80 Per Share if They Tender – The Truth is That Genco Shareholders Will Receive Nothing Because the Genco Board Continues to Maintain Its Poison Pill and Refuses to Negotiate a Value Creating Transaction Diana's Tender Offer Provides Shareholders with a Golden Opportunity to Deliver a Clear Message to the Genco Board That They Should Stop Stalling and Start Negotiating Based on Diana's Latest Proposal: $27.34 Per Share, Comprised of $24.80 in Cash and One Diana Share ATHENS, Greece, July 08, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), today asked Genco shareholders to consider a very simple question: Why is Genco so afraid of Diana's tender offer? The answer is very simple: the Genco Board of Directors (the “Genco Board”) knows very well that as more shares are tendered, the Genco Board runs out of excuses and becomes subject to more pressure to negotiate a transaction based on Diana's increased proposal to acquire the outstanding shares of Genco that it does not already own for $27.34 per share — comprised of $24.80 per share in cash plus one Diana share.

10,583,484 Shares, or 28.4% of Outstanding Shares Not Owned by Diana, Tendered into Offer as of June 26, 2026 Diana's $27.34 Per Share Offer Made Directly to Genco Board — Comprised of $24.80 in Cash and One Diana Share Valued at $2.54 — Remains on the Table, Providing an Opportunity to Deliver Premium Value for All Genco Shareholders Nearly Three Weeks After Receiving Diana's Offer, Genco Board Has Yet to Respond; By Tendering Their Shares, Shareholders Can Send a Clear Message to the Genco Board That They Should Negotiate a Transaction with Diana ATHENS, Greece, July 08, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), today issued a final reminder to Genco shareholders to tender their shares into Diana's tender offer to acquire all outstanding shares of Genco not already owned by Diana by July 10, 2026, at 5:00 p.m., New York City time.

ATHENS, Greece, July 07, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Aquavita International S.A., for one of its Kamsarmax dry bulk vessels, the m/v Medusa. The gross charter rate is US$16,850 per day, minus a 4.75% commission paid to third parties, for a period until minimum October 5, 2027 up to maximum December 20, 2027. The charter is expected to commence on July 10, 2026. The m/v Medusa is currently chartered, as previously announced, to Cargill International SΑ, Geneva, at a gross charter rate of US$13,000 per day, minus a 4.75% commission paid to third parties.