Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 19

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 19
---
may

materially

adversely

affect

our

operations.

Government

regulation

of

vessels,

particularly

in

the

areas

of

safety

and

environmental

requirements,

continue

to

change, requiring us

to incur significant

capital expenditures on

our vessels to

keep them in

compliance,

or even

to scrap

or sell

certain vessels

altogether.

In addition,

we may

incur significant

costs in

meeting

new

maintenance

and

inspection

requirements,

in

developing

contingency

arrangements

for

potential

environmental violations and in obtaining insurance coverage.

In addition,

we are required

by various

governmental and quasi-governmental agencies

to obtain

certain

permits,

licenses,

certificates,

approvals

and

financial

assurances

with

respect

to

our

operations.

Our

failure to

maintain necessary

permits, licenses,

certificates, approvals

or financial

assurances could

require

us to incur substantial costs or temporarily suspend operation of one or more of the vessels in our fleet or

lead to the invalidation or reduction of our insurance coverage.

Environmental

requirements

can

also

affect

the

resale

value

or

useful

lives

of

our

vessels,

require

a

reduction in

cargo capacity,

ship modifications

or operational

changes or

restrictions, lead

to decreased

availability

of

insurance

coverage

for

environmental

matters

or

result

in

the

denial

of

access

to

certain

jurisdictional waters or

ports, or detention

in certain ports.

Under local, national and

foreign laws, as

well

as international treaties

and conventions, we

could incur material

liabilities, including cleanup

obligations

and natural resource damages, in the event that there is a release of petroleum or hazardous substances

from our vessels

or otherwise

in connection

with our

operations. We

could also

become subject

to personal

injury

or

property

damage

claims

relating

to

the

release

of

hazardous

substances

associated

with

our

existing or

historic operations. Violations

of, or

liabilities under,

environmental requirements can

result in

sub