Company: DSX-PB
Filing Date: 2025-03-21
Form Type: 20-F
Source: 0001562762-25-000050
Chunk: 18

Company: DIANA SHIPPING INC.
Filing Date: 2025-03-21
Form: 20-F
Item: Item 3
Chunk 18
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and

regulations,

including

environmental

regulations

that

can

adversely affect the cost, manner or feasibility of doing business.

Our business and the operations of our vessels

are materially affected by environmental regulation in the

form of international conventions, national, state

and local laws and regulations in force in the

jurisdictions

in which

our vessels

operate, as

well as

in the

country or

countries of

their registration,

including those

governing the

management and

disposal of

hazardous substances

and wastes,

the cleanup

of oil

spills

and other contamination, air emissions (including greenhouse gases), water discharges and ballast water

management. These regulations include, but

are not limited

to, European Union

regulations, the U. S.

Oil

Pollution

Act

of

1990,

requirements

of

the

U. S.

Coast

Guard,

or

USCG

and

the

U. S.

Environmental

Protection Agency, the U. S. Clean Air Act of 1970 (including its amendments of 1977 and 1990), the U. S.

Clean Water

Act, and the U. S.

Maritime Transportation Security

Act of 2002, and

regulations of the IMO,

including the International Convention on Civil Liability for Oil Pollution

Damage of 1969, the International

Convention

for

the

Prevention

of

Pollution

from

Ships

of

1973,

as

modified

by

the

Protocol

of

1978,

collectively referred to as MARPOL 73/78 or MARPOL, including designations of Emission Control Areas,

thereunder, SOLAS,

the International Convention on

Load Lines of 1966,

the International Convention of

Civil Liability for

Bunker Oil Pollution

Damage, and the

ISM Code. Because such

conventions, laws, and

regulations are often revised, we

cannot predict the ultimate cost

of complying with such requirements or

the impact

thereof on the

re-sale price

or useful life

of any

vessel that

we own

or will

acquire. Additional

conventions, laws

and regulations

may be

adopted that

could limit

our ability

to do

business or

increase

the

cost

of

our

doing

business

and

which