The P. S. Palios, which was built in 2013 is a 179 134 DWT capesize dry bulk vessel.

This employment is anticipated to generate approximately US$6.51 million of gross revenue for the minimum scheduled period of the time charter.

Diana Shipping Inc.’s fleet currently consists of 50 dry bulk vessels (4 newcastlemax, 14 capesize, 5 post-panamax, 5 kamsarmax and 22 panamax). With this addition, the combined carrying capacity of the company’s fleet is approximately 5.8 million DWT with a weighted average age of 8.75 years.