Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 39

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 39
---

Commerce

and

Loper

Bright

Enterprises

v.

Raimondo

, the

Supreme Court of the

United States narrowed its

view of agency

authority by overturning

Chevron deference, which required judges to defer to an agency’s interpretation of relevant laws when its

regulations are subject to a legal challenge. This

decision will raise the burden for administrative

agencies

to prove they have the

authority to create a rule and

will likely create a hurdle

for SEC’s pending climate-

related

disclosure rules.

The

impact

of

the

ongoing litigation

with

respect

to

these

rules,

as

well as

the

change in administration, is uncertain. Costs

of compliance with these new rules

and any further climate-

related disclosure rules that are adopted

in the future may be significant

and may have a material adverse

effect on our future performance, results of operations, cash flows and

financial position.

We may

face increasing pressures

from investors, future

lenders and other

market participants, who

are

increasingly

focused

on

climate

change,

to

prioritize

sustainable

energy

practices,

reduce

our

carbon

footprint and

promote sustainability.

As a

result, we

may

be required

to

implement more

stringent ESG

procedures or

standards so that

our existing and

future investors

and lenders remain

invested in us

and

make further investments in us.

Additionally,

certain

investors

and

lenders

may

exclude

companies,

such

as

us,

from

their

investing

portfolios

altogether

due

to environmental,

social and

governance

factors.

These

limitations

in

both

the

debt and

equity capital

markets may

affect our

ability to

grow as

our plans

for growth

may include

accessing

the

equity

and

debt

capital

markets.

If

those

markets

are

unavailable,

or

if

we

are

unable

to

access

alternative means of

financing on acceptable

terms, or at all,

we may be unable

to implement our business

strategy,

which would have

a material

adverse effect

on our

financial condition and

results of

operations

and impair our ability to