Diana shipping inc. announces approval for listing of oceanpal inc. on nasdaq capital market and revised record date for oceanpal inc. spin-off and us$0.10 cash dividend

Athens, greece, oct. 26, 2021 (globe newswire) -- diana shipping inc. (nyse: dsx) (the “company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has received approval, subject to official notice of issuance, for the listing of the common shares of oceanpal inc. on the nasdaq capital market under the ticker symbol “op”. as the company previously announced on october 19, 2021, the company will effect a spin-off of 100% of the common shares of its wholly-owned subsidiary, oceanpal inc., to diana shipping inc.'s existing shareholders as of the record date set forth herein. oceanpal inc. will act as the holding company for three of the company's older dry bulk vessels.
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