Genco Shipping rejects Diana Shipping's board replacement proposal

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Go back to Genco Shipping rejects Diana Shipping's board replacement proposal

Genco Shipping & Trading Responds to Diana Shipping Inc.’s Intent to Nominate Directors to Replace Entire Genco Board

January 16, 2026 10:46 AM EST

Reiterates Commitment to Enhancing Shareholder Value

Reiterates Benefits of Genco Acquiring Diana for Creating Value for Both Company Shareholders

No Shareholder Action Required at This Time

NEW YORK, Jan. 16, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) (Genco or the Company), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today responded to Diana Shipping Inc. (Diana), which disclosed its intent to nominate six director candidates to stand for election to the Genco Board of Directors at... More