Diana Shipping Inc. a global shipping transportation company specializing in dry bulk cargoes, announced that the company took delivery of the newly-built m/v New York, a 177,773 dwt Capesize dry bulk carrier built by Shanghai Waigaoqiao Shipbuilding Co. Ltd, on March 1, 2010.

As previously announced, the New York is chartered to Nippon Yusen Kaisha for a minimum fifty eight (58) to a maximum sixty two (62) month period at a gross rate of US$48,000 per day.