Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 111

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 4
Chunk 111
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In November 2020, MEPC

75 approved draft amendments

to the Anti-fouling Convention to

prohibit anti-

fouling

systems

containing

cybutryne,

which

would

apply

to

ships

from

January

1,

2023,

or,

for

ships

already bearing such an

anti-fouling system, at the

next scheduled renewal of the

system after that date,

but no later

than 60 months

following the last

application to the

ship of such

a system. In

addition, the IAFS

Certificate has been

updated to address

compliance options for

anti-fouling systems to

address cybutryne.

Ships which are affected by this ban on cybutryne must

receive an updated IAFS Certificate no later than

60

two years after

the entry

into force of

these amendments.

Ships which

are not

affected (i. e. with

anti-fouling

systems which do not contain cybutryne)

must receive an updated IAFS Certificate

at the next Anti-fouling

application to

the vessel.

These amendments

were formally

adopted at

MEPC 76

in June

2021 and

entered

into force on January 1, 2023.

We have obtained Anti-fouling System Certificates for all of our vessels that are subject to the Anti-fouling

Convention.

Requirements for the Safe and Environmentally Sound Recycling of Ships

In

2009

the

Hong

Kong

International

Convention

and

MEPC

269(68)

adopted

the

guidelines

for

the

preparation of

the Inventory

of Hazardous

Materials. The

Convention concerns

all vessels

over 500

GT

entitled

to

fly

the

flag

of

a

Party

or

operating

under

its

authority,

with

some

exceptions

like

warships.

According to

the Convention

the shipowner

should control

Ship’s Hazardous

Materials inherent

in ship’s

structure,

machinery,

equipment

and

paints,

coatings

and

prohibit

the

new

installations

of

Hazardous

Materials, by maintaining an Inventory of Hazardous Materials (IHM). It is the Company’s responsibility to

maintain the IHM

Part I