Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 12

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 12
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 financial markets.

As a result

of the above, insurers have increased premiums and reduced or restricted coverage for losses caused by

terrorist

acts

generally.

These

uncertainties

could

also

adversely

affect

our

ability

to

obtain

additional

financing

on

terms

acceptable to

us

or

at

all.

Any

of

these

occurrences could

have

a material

adverse

impact on our

operating results,

revenues and

costs. Additionally, events in

other jurisdictions could

impact

global

markets,

including

foreign

exchange

and

securities

markets;

any

resulting

changes

in

currency

exchange rates, tariffs,

treaties and other

regulatory matters could

in turn adversely

impact our business

and operations.

Currently, the world economy faces a number of challenges, including trade tensions between the

United States and China,

stabilizing growth in China, continuing threat

of terrorist attacks around

the world,

continuing instability and

conflicts and other

ongoing occurrences in

the Middle

East,

Ukraine, and in other geographic areas and countries, economic

sanctions restrictions.

In the

past, political

instability has

also resulted

in attacks

on vessels,

mining of

waterways and

other efforts

to disrupt international shipping,

particularly in the Arabian

Gulf region, in the Black

Sea in connection with

the conflict

between Russia and

Ukraine,

and in

and around

the Red

Sea in

connection with the

conflict

between Israel and Hamas.

Acts of terrorism

and piracy have also

affected vessels trading in

regions such

as

the

South

China

Sea

and

the

Gulf

of

Aden

off

the

coast

of

Somalia,

among

others.

Any

of

these

occurrences could have

a material

adverse impact on

our future

performance, results of

operation, cash

flows and financial position.

Beginning in

February of

2022, the

United States,

the United

Kingdom and

the European

Union, among

other countries,

European leaders

announced various

economic sanctions

against Russia

in connection

with the

aforementioned conflicts

in the

Ukraine region,

which may

adversely impact

our

business. The

ongoing