Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 29

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 29
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substantial

fines,

sanctions,

civil

and/or

criminal

penalties,

curtailment

of

operations

in

certain

jurisdictions,

and

might

adversely affect our business,

earnings or financial

condition. In addition,

actual or alleged violations

could

damage

our

reputation

and

ability

to

do

business.

Furthermore,

detecting,

investigating,

and

resolving

actual

or

alleged

violations

is

expensive

and

can

consume

significant

time

and

attention

of

our

senior

management.

Changing laws and

evolving reporting requirements

could have an

adverse effect on

our business.

Changing laws,

regulations and

standards relating

to reporting

requirements, including

the European

Union

General Data Protection Regulation, or GDPR, may create additional

compliance requirements for us.

22

GDPR broadens the

scope of personal

privacy laws to

protect the rights

of European Union

citizens and

requires organizations to

report data

breaches within 72

hours and be

bound by more

stringent rules for

obtaining

the

consent

of

individuals

on

how

their

data

can

be

used.

GDPR

applies

to

all

companies

processing and holding the personal

data of data subjects residing

in the EU, regardless of

the company’s

location.

GDPR

became

enforceable

on

May

25,

2018

and

non-compliance

may

expose

entities

to

significant fines or

other regulatory claims

which could have

an adverse effect

on our

business, financial

condition, and operations.

Company Specific Risk Factors

The market values of our vessels could decline,

which could limit the amount of funds

that we can

borrow and

could trigger

breaches of

certain financial

covenants contained

in our

loan facilities,

which

could

adversely

affect

our

operating

results,

and

we

may

incur

a

loss

if

we

sell

vessels

following a decline in their market values.

While the

market values

of vessels

and the

freight charter

market have

a very

close relationship

as the

charter market

moves from