1、Corporate Profile Diana Shipping Inc.(NYSE:DSX)is a global provider of shipping transportation services.We specializein the ownership of dry bulk vessels.As of April 2,2014 our fleet consists of 37 dry bulk vessels(2 Newcastlemax,10 Capesize,3 Post-Panamax,3 Kamsarmax and 19 Panamax).The company als
2、oexpects to take delivery of one new-building Ice Class Panamax dry bulk vessel during the second quarterof 2014,two new-building Newcastlemax dry bulk vessels and one Kamsarmax dry bulk vessel duringthe second quarter of 2016.As of the same date,the combined carrying capacity of our fleet,excluding
3、the four vessels not yet delivered,is approximately 4.13 million dwt with a weighted average age of 6.72years.Our fleet is managed by our wholly-owned subsidiary Diana Shipping Services S.A.Please visitour managers website at .Diana Shipping Inc.also owns approximately 9.3%of the issued and outstand
4、ing shares of DianaContainerships Inc.(NASDAQ:DCIX),a global shipping company that currently owns eight containervessels(2 Post-Panamax and 6 Panamax).Among the distinguishing strengths that we believe provide us with a competitive advantage in the drybulk shipping industry are the following:We own
5、a modern,high quality fleet of dry bulk carriers.Our fleet includes groups of sister ships,providing operational and scheduling flexibility,as well as cost efficiencies.We have an experienced management team.We benefit from the experience and reputation of Diana Shipping Services S.A.,our fleet mana
6、ger.We benefit from strong relationships with members of the shipping and financial industries.We have a strong balance sheet and a low level of indebtedness.Our main objective is to manage and expand our fleet in a manner that will enable us to enhanceshareholder value.To accomplish this objective,