Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, the Company was the successful bidder at an auction that took place in Italy, on September 3, 2013, for the m/v Stefania Lembo, a 2010 built Kamsarmax dry bulk vessel of 82,117 dwt, built by Tsuneishi Shipbuilding Co. Ltd., Japan, for a purchase price of US$22.7 million.

On September 19, 2013, the judge authorized the liquidators to arrange the issuance of the Bill of Sale in favor of the Buyer. The vessel, to be renamed Myrsini, is expected to be delivered to the Buyer at the beginning of October 2013.