Genco Shipping responds to Diana assertions ahead of shareholder vote

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Genco Shipping & Trading Limited Issues Statement Regarding Diana’s Unsubstantiated Assertions

May 7, 2026 8:24 PM EDT

NEW YORK, May 07, 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, issued the following statement:

We encourage shareholders to see Dianas latest disclosure for what it is: more unsubstantiated falsehoods and misleading statements, designed to distract from the simple truth Diana is trying to take control of your company at a discount to Gencos asset value, without paying a control premium and below the current trading price. The Genco Board... More