Exhibit 23.2
CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We consent to the reference of our firm under the caption "Experts" in the Registration Statement on Form F-3 and related Prospectus of Diana Shipping Inc. for the registration of common stock (including related preferred stock purchase rights), preferred stock, debt securities, warrants, purchase contracts, rights and units and to the incorporation by reference therein of our reports dated April 20, 2012, with respect to the consolidated financial statements of Diana Shipping Inc. and the effectiveness of internal control over financial reporting of Diana Shipping Inc., included in its Annual Report (Form 20-F) for the year ended December 31, 2011, filed with the Securities and Exchange Commission .
/s/ Ernst & Young (Hellas) Certified Auditors Accountants S.A.
May 18, 2012
Athens, Greece