EX-12.2 12 exhibit122.htm EX-12.2
Exhibit 12.2
CERTIFICATION OF
THE PRINCIPAL FINANCIAL
OFFICER
I, Maria Dede, and I, Ioannis Zafirakis, each a Co-Chief
Financial Officer of the Company certify that:
1.
I have reviewed this
annual report on Form
20-F of Diana Shipping
Inc. for the year
ended December
31, 2024;
2.
Based on my knowledge, this report does not contain any untrue statement of a
material fact or omit to
state a material fact
necessary to make the
statements made, in light
of the circumstances under which
such statements were made, not misleading with respect
to the period covered by this report;
3.
Based on
my knowledge,
the financial
statements, and
other financial
information included in
this report,
fairly present in all material respects the financial condition, results of operations and cash flows of the
company as of, and for, the
periods presented in this report;
4.
The
company’s
other
certifying
officer(s)
and
I
are
responsible
for
establishing
and
maintaining
disclosure controls
and procedures (as
defined in Exchange
Act Rules 13a-15(e)
and 15d-15(e)) and
internal control over financial reporting (as
defined in Exchange Act Rules 13a-15(f)
and 15d-15(f)) for
the company and have:
(a)
Designed such disclosure controls
and procedures, or
caused such disclosure controls
and procedures
to
be
designed
under
our
supervision,
to
ensure
that
material
information
relating
to
the
company,
including its consolidated subsidiaries, is made known to us by others within those entities, particularly
during the period in which this report is being prepared;
(b)
Designed such
internal control
over financial
reporting, or
caused such
internal control
over financial
reporting
to
be
designed
under
our
supervision,
to
provide
reasonable
assurance
regarding
the
reliability
of
financial
reporting
and
the
preparation
of
financial
statements
for
external
purposes
in
accordance with generally accepted accounting principles;
(c)
Evaluated the effectiveness of the company’s disclosure controls
and procedures and presented in this
report our conclusions about the effectiveness of the disclosure controls and procedures, as of
the end
of the period covered by this report based on such evaluation;
and
(d)
Disclosed
in
this
report
any
change
in
the
company’s
internal
control
over
financial
reporting
that
occurred during the
period covered
by the annual
report that has
materially affected,
or is reasonably
likely to materially affect, the company’s
internal control over financial reporting; and
5.
The company’s other certifying officer(s) and
I have disclosed, based on our most recent evaluation of
internal
control
over
financial
reporting,
to
the
company’s
auditors
and
the
audit
committee
of
the
company’s board of directors (or persons performing
the equivalent functions):
(a)
All significant deficiencies
and material weaknesses
in the design or
operation of internal
control over
financial
reporting
which
are
reasonably
likely
to
adversely
affect
the
company’s
ability
to
record,
process, summarize and report financial information; and
(b)
Any
fraud,
whether
or
not
material,
that
involves
management
or
other
employees
who
have
a
significant role in the company’s internal control
over financial reporting.
Date: March 21, 2025
/s/ Maria Dede
Maria Dede
Co-Chief Financial Officer (Co-Principal Financial
Officer)
/s/ Ioannis Zafirakis
Ioannis Zafirakis
Co-Chief Financial Officer (Co-Principal Financial
Officer)