Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 120

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 4
Chunk 120
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 EPA and U. S.

Coast Guard regulations

are finalized.

Non-military, non-

recreational vessels

greater than

79 feet

in length

must continue

to comply

with the

requirements of

the

VGP,

including submission

of

a

Notice

of

Intent (“ NOI”)

or

retention

of

a

PARI

form

and

submission of

annual reports. We have submitted NOIs for our vessels where required.

Compliance with the EPA,

U. S.

Coast Guard

and state

regulations could

require the

installation of ballast water

treatment equipment

on

our vessels or

the implementation of

other port facility

disposal procedures at

potentially substantial cost

or may otherwise restrict our vessels from entering U. S. waters.

European Union Regulations

In

October

2009,

the

European

Union

amended

a

directive

to

impose

criminal

sanctions

for

illicit

ship-

source discharges of polluting substances, including minor discharges,

if committed with intent, recklessly

or with serious negligence and the discharges individually or in the aggregate result in deterioration of the

quality

of

water.

Aiding

and

abetting

the

discharge

of

a

polluting

substance

may

also

lead

to

criminal

64

penalties. The

directive applies

to all

types of

vessels, irrespective

of their

flag, but

certain exceptions

apply

to warships or where human safety

or that of the ship is

in danger. Criminal liability for pollution may result

in

substantial

penalties

or

fines

and

increased

civil

liability

claims.

Regulation

(EU)

2015/757

of

the

European Parliament

and of

the Council

of 29

April 2015

(amending EU

Directive 2009/16/EC)

governs

the monitoring, reporting

and verification of

carbon dioxide emissions

from maritime transport,

and, subject

to some

exclusions, requires

companies with

ships over

5,000 gross

tonnages to

monitor and

report carbon

dioxide emissions annually, which may cause us to incur additional expenses.

The European Union has adopted

several regulations and directives requiring, among

other things, more