Genco Shipping & Trading Responds to Revised Unsolicited Proposal from Diana Shipping Inc.

Board to Review Diana’s Revised Indicative Proposal No Shareholder Action Required at This Time NEW YORK, March 06, 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 confirmed it received a revised, non-binding indicative proposal from Diana to acquire all of the outstanding shares of Genco not already owned by Diana for $23.50 per share in cash. Diana ...