Seward & Kissel llp
ONE BATTERY PARK PLAZA
NEW YORK, NEW YORK 10004
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WRITER’S DIRECT DIAL
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TELEPHONE: (212) 574-1200
FACSIMILE: (212) 480-8421
WWW.SEWKIS.COM
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901 K Street, NW
WASHINGTON, D.C. 20001
TELEPHONE: (202) 737-8833
FACSIMILE: (202) 737-5184
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September 9, 2022
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Re: |
Diana Shipping Inc.
Registration Statement on Form F-3 Filed September 9, 2022 File No. 333-266999 |
1. |
We note your disclosure that on August 10, 2022, you entered into an agreement with Sea Trade Holdings Inc. to acquire nine dry bulk vessels for an
aggregate purchase price of $330 million, consisting of $220 million in cash and an aggregate of 18,487,395 of your common shares underlying warrants that you issued to Sea Trade on August 17, 2022 and are exercisable upon the delivery of the
vessels. We also note you disclose this registration statement is being filed to register the resale of the shares underlying these warrants pursuant to a registration rights agreement you also entered into with Sea Trade. Please file the
registration rights agreement, or tell us why you believe you are not required to do so. Refer to Item 601(b) of Regulation S-K.
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Sincerely,
/s/ Edward S. Horton
Edward S. Horton, Esq.
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