Diana Shipping Inc. announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its Post-Panamax dry bulk vessels, the m/v Amphitrite, for a period of minimum fourteen (14) months to maximum seventeen (17) months. The gross charter rate is USD 5,000 per day for the first five (5) days of the charter period and USD 12,750 per day for the balance period of the time charter, in each case minus a 5% commission paid to third parties. The charter commenced yesterday. The m/v Amphitrite was chartered, as previously announced, to Cargill International S.A., Geneva, at a gross charter rate of USD 11,150 per day, minus a 4.75% commission paid to third parties, for the agreed period of the time charter. The Company also announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Phaethon International Company AG, for one of its Panamax dry bulk vessels, the m/v Naias. The gross charter rate is USD 10,000 per day, minus a 5% commission paid to third parties, for a period of minimum twenty-three (23) months to about twenty-six (26) months. The charter commenced on January 26, 2019. The m/v Naias was chartered, as previously announced, at a gross charter rate of USD 10,000 per day, minus a 5% commission paid to third parties, until January 26, 2019.