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Press release from GlobeNewswire (a Nasdaq OMX company)

Diana Shipping Inc. Announces the Filing of Its 2011 Annual Report on Form 20-F

Monday, April 23, 2012

Diana Shipping Inc. Announces the Filing of Its 2011 Annual Report on Form 20-F04:45 EDT Monday, April 23, 2012ATHENS, Greece, April 23, 2012 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that it has filed its 2011 Annual Report on Form 20-F with the United States Securities and Exchange Commission on April 20, 2012. The report is available for download on the Company's website, www.dianashippinginc.com. Any shareholder may receive a hard copy of the Company's complete Annual Report, which includes the Company's complete 2011 audited financial statements, free of charge upon request.About the Company Diana Shipping Inc. is a leading global provider of shipping transportation services through the ownership and operation 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: + 30-210-947-0100 Email: izafirakis@dianashippinginc.com Investor and Media Relations: Edward Nebb Comm-Counsellors, LLC Telephone: + 1-203-972-8350 Email: enebb@optonline.net