Genco Shipping & Trading Ltd Aktie News

Diana Shipping Inc. has acquired a 14.8% stake in Genco Shipping & Trading Limited, signaling a committed activist campaign to drive consolidation. Genco rejected DSX's $20.60/share all-cash offer, citing undervaluation and execution risks, while DSX escalated by nominating six independent directors. DSX operates a young, highly utilized fleet with strong contracted revenue visibility and recen...

NEW YORK, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company's results for the fourth quarter of 2025 on Wednesday, February 18, 2026 at 8:30 a.m. Eastern Time.

The nominations come days after Genco rejected Diana's offer to acquire the company via an all-cash deal. Diana has a roughly 14.8% stake in Genco.

Reiterates Commitment to Enhancing Shareholder Value Reiterates Benefits of Genco Acquiring Diana for Creating Value for Both Company Shareholders No Shareholder Action Required at This Time NEW YORK, Jan. 16, 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 c...

Diana's Highly Qualified Independent Director Nominees Bring Extensive Experience Across Dry Bulk Shipping, Finance, Mergers & Acquisitions and Corporate Governance  Current Genco Board Has Failed to Engage Constructively with Diana — Its Largest Shareholder — and Meaningfully Evaluate Attractive Premium Acquisition Proposal Believes Meaningful Change is Needed to Ensure Board Seriously Evaluat...

Global shipping company Diana Shipping plans to launch a proxy fight to replace rival Genco Shipping & Trading's six current directors, making its decision just days after the board rejected Diana's takeover offer, two people familiar with the matter said.

Board Unanimously Determined Proposal Significantly Undervalues Genco, Has Significant Execution Risk with No Committed Financing and is Not in Best Interest of Shareholders

Diana, which owns a roughly 14.8% stake in Genco, had offered on Nov. 24 to buy the company for $20.60 a share in cash, representing a 15% premium to Genco's closing price on Nov. 21.