Diana Shipping Inc. Announces Partial Spin-Off of Majority-Owned Subsidiary Diana Containerships Inc.

ATHENS, Greece, Dec. 23, 2010 (GLOBE NEWSWIRE) — Diana Shipping Inc. (NYSE:DSX) (“Diana Shipping”), a global shipping company specializing in the transportation of dry bulk cargoes, today announced that its Board of Directors has approved the partial spin-off of its interest in the Company’s majority-owned subsidiary Diana Containerships Inc., of which Diana Shipping currently owns [...] http://bit.ly/hyXHZf