Diana Shipping Inc. is a Greece-based holding company. The Company is a provider of shipping transportation services. It specialize in transporting dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes. The Company’s fleet consists of 37 dry bulk carriers, of which 19 are Panamax, three are Kamsarmax, three are Post-Panamax, ten are Capesize and two are Newcastlemax vessels, having a combined carrying capacity of approximately 4.2 million dead weight tons (dwt). As of December 31, 2013, its fleet consisted of 36 vessels of which 18 Panamax, three Kamsarmax, three Post-Panamax, ten Capesize and two Newcastlemax vessels, having a combined carrying capacity of approximately 4.1 million dwt, and a weighted average age of 6.6 years, excluding four vessels under construction.