Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 96

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 4
Chunk 96
---
ulations,

environmental or

otherwise, may

be adopted

which could

limit our

ability to

do business

or increase

the

cost of us doing business.

Disclosure Pursuant to Section 219 of the Iran Threat Reduction and

Syrian Human Rights

Act

Section 219

of the U. S.

Iran Threat

Reduction and Syria

Human Rights Act

of 2012,

or the ITRA,

added

new Section

13(r) to

the U. S.

Securities Exchange

Act of

1934, as

amended, or

the Exchange

Act, requiring

each SEC reporting issuer to disclose in its

annual and, if applicable, quarterly reports

whether it or any of

its affiliates

have knowingly

engaged in

certain activities,

transactions or dealings

relating to

Iran or

with

the

Government

of

Iran

or

certain

designated

natural

persons

or

entities

involved

in

terrorism

or

the

proliferation of weapons of mass destruction during the period

covered by the report.

Pursuant to Section 13(r) of the Exchange Act, we note that none of our vessels made port calls to Iran in

2024 and to the date of this annual report.

Environmental and Other Regulations in the Shipping Industry

Government

regulation

and

laws

significantly

affect

the

ownership

and

operation

of

our

fleet.

We

are

subject to international conventions and treaties,

national, state and local laws

and regulations in force in

54

the

countries

in

which

our

vessels

may

operate

or

are

registered

relating

to

safety

and

health

and

environmental

protection

including

the

storage,

handling,

emission,

transportation

and

discharge

of

hazardous and non-hazardous materials, and the remediation of contamination and liability

for damage to

natural

resources.

Compliance

with

such

laws,

regulations

and

other

requirements

entails

significant

expense, including vessel modifications and implementation of certain

operating procedures.

A

variety

of

government

and

private

entities

subject

our

vessels

to

both

scheduled

and

unscheduled

inspections.

These entities

include the

local port

authorities