Genco to hold annual meeting despite Diana Shipping revised bid
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Genco Shipping & Trading Limited Confirms Receipt of Revised Offer from Diana Shipping Inc.
June 17, 2026 11:00 AM EDTGencos Annual Meeting to Convene as Scheduled on June 18, 2026
NEW YORK, June 17, 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 issued the following statement regarding the revised unsolicited, indicative non-binding proposal from Diana Shipping Inc. (Diana):
The Genco Board is committed to maximizing shareholder value and will carefully review the revised proposal from Diana, in consultation with its financial and legal advisors. The... More

