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

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 25
---
prehensive

sanctions

on

certain

areas

within

the

Donbas

region

of

Ukraine,

and

such

sanctions apply

to entities

owned or

controlled by

such designated

persons or

entities. These

sanctions

adversely affect our ability to operate in the region and also restrict parties

whose cargo we may carry.

Although we believe that we

have been in compliance with all

applicable sanctions and embargo

laws and

regulations in 2024 and

up to the date of this

annual report, and intend

to maintain such compliance,

there

can be no assurance that we

or our charterers will be

in compliance in the future, particularly

as the scope

of certain

laws may be

unclear and may

be subject to

changing interpretations. Any

such violation could

result

in

fines,

penalties or

other

sanctions that

could severely

impact

our

ability to

access

U. S.

capital

markets and conduct our business and could result in

our reputation and the markets for our securities to

be adversely affected

and/or in some

investors deciding, or being

required, to divest

their interest, or

not

to invest, in us. In

addition, certain institutional investors may have investment policies

or restrictions that

prevent them

from holding

securities of

companies that

have contracts

with countries

or territories

identified

by the U. S. government as state sponsors of terrorism. The determination

by these investors not to invest

in, or

to divest

from, our shares

may adversely

affect the

price at

which our

shares trade. Moreover,

our

charterers may violate applicable sanctions

and embargo laws and

regulations as a result

of actions that

do not involve

us or our

vessels, and those

violations could in

turn negatively affect

our reputation. Further,

our reputation

and the

market for

our securities

may be

adversely affected

if, for

example, we

enter into

charters

with

individuals

or

entities

who,

pursuant

to

contracts

with

third

parties,

provide

services

to

or

engage in operations associated with countries or territories that

are the subject of certain U. S. sanctions

or embargo laws. Investor