M/V Melite.   Image by Diana Shipping Inc.





Diana Shipping Inc. Announces an Incident Involving the m/v “Melite”

Athens, Greece - July 26, 2017

Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that the employment of one of its Panamax bulk carriers, the m/v Melite, has been temporarily disrupted due to a grounding incident at Pulau Laut, Indonesia. Although the Company is still assessing the situation, the crew is in no danger as a result of this incident and there has been no pollution. It appears that the vessel has suffered damage to her hull resulting from the grounding.

The “Melite” is a 76,436 dwt Panamax dry bulk vessel built in 2004.

About the Company
Diana Shipping Inc. is a global provider of shipping transportation services through its ownership 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.

Diana Shipping Inc. press release