Diana Shipping cites VesselsValue data to dispute Genco fleet valuation

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Go back to Diana Shipping cites VesselsValue data to dispute Genco fleet valuation

Diana Shipping Inc. Highlights Decline in Genco Shipping & Trading Fleet Values and Urges Board to Act Before Further Value is Eroded

July 28, 2026 12:04 PM EDT

VesselsValue Data Shows That Fleet Values Are Subject to Meaningful Fluctuation and Do Not Uniformly Support Genco's Claims

Genco Abandoned the Valuation Methodology It Published for More Than Five Years, Switching to Higher Sell-Side Estimates Only After Diana's Initial Acquisition Proposal Was Made

Diana Calls on the Genco Board to Act in the Best Interests of Its Shareholders Before Continued Delay Results in Further Value Erosion

ATHENS, Greece, July 28, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (Diana... More