Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 229

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 12
Chunk 229
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Item 12.

Description of Securities Other than Equity Securities

Not Applicable.

111

PART II

Item 13.

Defaults, Dividend Arrearages and Delinquencies

None.

Item 14.

Material Modifications to the Rights of Security Holders and

Use

of Proceeds

None.

Item 15.

Controls and Procedures

a) Disclosure Controls and Procedures

Management,

including

our

Chief

Executive

Officer

and

Chief

Financial

Officers,

has

conducted

an

evaluation of

the effectiveness

of our

disclosure controls and

procedures (as

defined in

Rules 13a-15(e)

and 15d-15(e) under the

Exchange Act) as of

the end of the

period covered by this

annual report. Based

upon

that

evaluation,

our

Chief

Executive

Officer

and

Chief

Financial Officers

have

concluded

that

our

disclosure controls and procedures are

effective to ensure that information required

to be disclosed by the

Company in the reports that it

files or submits to the SEC

under the Exchange Act is

recorded, processed,

summarized and reported within the time periods specified in SEC rules

and forms.

b) Management’s Annual Report on Internal Control over Financial Reporting

Management

is

responsible

for

establishing

and

maintaining

adequate

internal

control

over

financial

reporting, as such term

is defined in Rule 13a-15(f)

of the Exchange Act. The

Company’s internal control

over

financial reporting

is a

process designed

under the

supervision of

the

Company’s

Chief

Executive

Officer

and

Chief

Financial Officer

to

provide reasonable

assurance

regarding

the

reliability

of

financial

reporting

and

the

preparation

of

the

Company’s

financial

statements

for

external

reporting

purposes

in

accordance with U. S. GAAP.

A company’s internal control over financial

reporting includes those policies

and

procedures that

(i)

pertain to

the

maintenance of

records that,

in

reasonable detail,

accurately and

fairly

reflect

the

transactions

and

dispositions

of

the

assets

of

the

company;

(ii)

provide

reasonable

assurance that