1、Corporate Profile Diana Shipping Inc.(NYSE:DSX)is a global provider of shipping transportation services.We specialize in the ownership and operation of dry bulk vessels.As of April 9,2013 our fleet consists of 32 dry bulkcarriers(2 Newcastlemax,8 Capesize,3 Post-Panamax,2 Kamsarmax and 17 Panamax),a
2、s well as oneCapesize vessel expected to be delivered to the Company by the end of May 2013 and two new-buildingIce Class Panamax vessels expected to be delivered to the Company during the fourth quarter of2013.As of the same date,the combined carrying capacity of our current fleet,excluding thethre
3、e vessels not yet delivered,is approximately 3.5 million dwt with a weighted average age of 6.1 years.Diana Shipping also owns approximately 10,4%of the issued and outstanding shares of DianaContainerships Inc.(NASDAQ:DCIX),a global shipping company that currently owns and operateseleven Panamax con
4、tainer vessels.Among the distinguishing strengths that we believe provide us with a competitive advantage in the drybulk shipping industry are the following:We own a modern,high quality fleet of dry bulk carriers.Our fleet includes groups of sister ships,providing operational and scheduling flexibil
5、ity,as well as cost efficiencies.We have an experienced management team.We manage our vessel operations internally.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
6、 and expand our fleet in a manner that will enable us to enhanceshareholder value.To accomplish this objective,we intend to pursue highly focused business strategies,including:continuing to operate a high quality fleet;strategically expanding the size of our fleet;pursuing an appropriate balance of