Diana shipping inc. announces filing of draft registration statement relating to proposed spin-off of three dry bulk vessels and declaration of cash dividend

Athens, greece, oct. 19, 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, through a wholly-owned subsidiary, it has filed a registration statement on form 20-f pursuant to the securities exchange act of 1934 to effect a spin-off of three of the company's older dry bulk vessels. oceanpal inc., the newly formed subsidiary that will act as the holding company for the three dry bulk vessels, has applied to have its common shares listed on the nasdaq capital market.
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