Diana Shipping and Star Bulk cancel vessel deal tied to Genco bid

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Diana Shipping Inc. and Star Bulk Carriers Announce Mutual Agreement to Terminate Vessel Sale and Purchase Agreement

August 10, 2026 6:54 PM EDT

Diana's Offer to Acquire All Outstanding Shares of Genco Remains on the Table 

Termination of Agreement Has No Impact on Dianas $1.411 Billion in Committed Financing

Nearly Eight Weeks Have Passed Since Diana Delivered Its Revised Offer and the Genco Board Has Delayed Providing a Substantive Response

ATHENS, Greece, Aug. 10, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (Diana or the Company), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest... More