Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 35

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 35
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idents involving our

information systems and

periodic reporting regarding our

policies and procedures

to identify and manage cybersecurity risks, amongst other disclosures. A

failure to disclosure could result

in the

imposition of

injunctions, fines

and other

penalties by

the

SEC. Complying

with these

obligations

could

cause

us

to

incur

substantial

costs

and

could

increase

negative

publicity

surrounding

any

cybersecurity incident.

During the

year ended

December 31,

2024, we

did not

identify any

cybersecurity

threats

that

have

materially

affected

or

are

reasonably

likely

to

materially

affect

our

business

strategy,

results of operations, or financial condition.

For more information on our cybersecurity policies, please see

“ Item 16K. Cybersecurity.”

Climate

change

and

greenhouse

gas

restrictions

may

adversely

impact

our

operations

and

markets.

Due to concern over the risk

of climate change, a number of

countries and the IMO have adopted, or

are

considering the

adoption of,

regulatory frameworks

to reduce

greenhouse gas

emissions. These

regulatory

measures

may

include,

among

others,

adoption

of

cap

and

trade

regimes,

carbon

taxes,

increased

efficiency

standards

and

incentives

or

mandates

for

renewable

energy.

In

July

2023,

nations

at

the

25

International Maritime Organization’s

Marine Environment Protection

Committee (“ MEPC”) 80

updated the

initial strategy

to reduce

greenhouse gas

emissions from

ships. The

initial strategy

identifies ―levels

of

ambition to reducing greenhouse gas

emissions, including (1) decreasing the

carbon intensity from ships

through implementation

of further phases

of the EEDI

for new ships;

(2) reducing

carbon dioxide

emissions

per transport

work, as

an average

across international

shipping, by

at least

20% by

2030, compared

to

2008 emission

levels; and

(3) reducing

the total

annual greenhouse

emissions by

at