Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 48

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 48
---

resale value

of vessels. This could

have an adverse effect

on our results of

operations, cash flows, financial condition

and ability to pay dividends.

Developments in technology could also affect global

trade flows and supply chains causing disruptions in

the

demand

for

our

vessels.

Decreasing

the

cost

of

labor

through

automation

and

digitization

and

increasing

the

consumers

power

to

demand

goods,

technology

is

changing

the

business

models

and

production of

goods in many

industries. Consequently,

supply chains are

being pulled closer

to the end-

customer

and

are

required

to

be

more

responsive

to

changing

demand

patterns.

As

a

result,

fewer

intermediate and raw inputs are

traded, which could lead to

a decrease in shipping activity.

If automation

and digitization become more

commercially viable and/or production

becomes more regional or

local, total

dry-bulk

volumes would

decrease,

which would

adversely affect

demand for

our services.

Supply chain

disruptions

caused

by

geopolitical

events,

rising

tariff

barriers

and

environmental

concerns

may

also

accelerate these trends.

We may

not have adequate

insurance to

compensate us if

we lose

our vessels or

to compensate

third parties.

We procure

insurance for

our fleet

against risks

commonly insured

against by

vessel owners

and operators.

Our

current

insurance

includes

hull

and

machinery

insurance,

war

risks

insurance

and

protection

and

indemnity

insurance

(which

includes

environmental

damage

and

pollution

insurance).

We

can

give

no

assurance that we are

adequately insured against all risks

or that our insurers

will pay a particular

claim.

Even if

our insurance

coverage is

adequate to

cover our

losses, we

may not

be able

to timely

obtain a

replacement vessel

in the event

of a loss.

Additionally, our insurers may

refuse to pay

particular claims

and

our insurance may

be voidable by

the insurers if

we take