Genco board reviews Diana Shipping's revised acquisition proposal

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Genco Shipping & Trading Limited Board of Directors Provides Update on Review of Diana Shipping’s Revised, Non-Binding Indicative Proposal

July 23, 2026 4:15 PM EDT

Gencos Advisors Engaged with Dianas Advisors as Part of the Boards Ongoing Review

Gencos Board is Committed to Maximizing Shareholder Value

NEW YORK, July 23, 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 provided an update on its Board of Directors review of the revised, non-binding indicative proposal of Diana Shipping Inc. (Diana) to acquire all outstanding common shares of Genco not already owned by Diana... More