Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 1

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 1
---

from

investors,

lenders

and

other

market

participants with respect to our ESG policies may impose additional costs on us or expose

us to additional risks.

●

Our

earnings may

be adversely

affected if

we are

not able

to take

advantage of

favorable

charter rates.

●

We

cannot

assure

you

that

we

will

be

able

to

borrow

amounts

under

loan

facilities

and

restrictive covenants in our loan facilities impose financial and

other restrictions on us.

●

In the highly competitive

international shipping industry, we may

not be able to

compete for

charters with

new entrants

or established

companies with

greater resources,

and as

a result,

we may be unable to employ our vessels profitably.

●

Technological innovation and

quality and

efficiency requirements

from our

customers could

reduce our charter hire income and affect the demand and the value

of our vessels.

●

We

are a

holding company,

and we

depend on

the ability

of our

subsidiaries to

distribute

funds to us in order to satisfy our financial obligations.

●

Because we are organized

under the laws

of the Marshall

Islands, it may be

difficult to serve

us with legal process or enforce judgments against us, our directors

or our management.

Risks Relating to Our Common Stock

●

We

cannot

assure

you

that

our

board

of

directors

will

continue

to

declare

dividends

on

shares of our common stock in the future.

●

The market prices

and trading volume

of our shares

of common stock

may experience rapid

and substantial price

volatility, which could

cause purchasers

of our common

stock to incur

substantial losses.

●

Since we

are incorporated

in

the

Marshall Islands,

which

does not

have

a well-developed

body

of

corporate

law,

you

may

have

more

difficulty

protecting

your

interests

than

shareholders of a U. S. corporation.

9

●

As a Marshall Islands corporation and

with some of our subsidiaries being

Marshall Islands

entities and also having subsidiaries in other offshore jurisdictions, our operations may be

subject