Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 28

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 28
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business, financial condition and results of operations.

Governments could

requisition our

vessels during

a period of

war or emergency,

resulting in

a loss

of earnings.

A government could

requisition one or

more of

our vessels for

title or

for hire.

Requisition for title

occurs

when

a

government takes

control of

a vessel

and becomes

her

owner,

while requisition

for

hire occurs

when

a

government takes

control

of

a

vessel and

effectively

becomes her

charterer

at

dictated charter

rates. Generally, requisitions occur

during periods of war or emergency,

although governments may elect

to requisition vessels in other circumstances. Although we would be entitled to compensation in the event

of

a

requisition

of

one

or

more

of

our

vessels,

the

amount

and

timing

of

payment

would

be

uncertain.

Although

none

of

our

vessels

have

been

requisitioned by

a

government

for

title

or

hire,

a

Government

requisition of

one or more

of our

vessels may negatively

impact our revenues

and reduce the

amount of

cash we

may have

available for

distribution as

dividends to

our shareholders,

if any

such dividends

are

declared.

Failure

to

comply

with

the

U. S.

Foreign

Corrupt

Practices

Act

could

result

in

fines,

criminal

penalties and an adverse effect on our business.

We may

operate in a

number of countries

throughout the world,

including countries suspected

to have

a

risk of corruption. We are committed to doing business in accordance with applicable anti-corruption laws

and have adopted measures

designed to ensure compliance

with the U. S. Foreign

Corrupt Practices Act

of 1977, as

amended (the “ FCPA”).

We are

subject, however,

to the risk

that we, our

affiliated entities or

their respective officers, directors,

employees and agents

may take actions

determined to be

in violation of

such

anti-corruption

laws,

including

the

FCPA.

Any

such

violation

could

result

in