Press Releases

GlobeNewswire, Inc.

ISS Recommendation Cites Entrenchment Concerns While Diana's $24.80 Per Share All-Cash Offer is on the Table Glass Lewis Recognizes Diana as a "Serious and Committed Bidder" and Highlights Risks That the Rights Plan May Limit Shareholders' Ability...

GlobeNewswire, Inc.

Diana’s Latest Actions Represent Last-Ditch Attempt to Gain Influence Over Genco’s Board and Acquire Genco on the Cheap Board Urges Shareholders to Vote FOR ALL of Genco’s Highly Qualified and Experienced Directors on the WHITE Proxy Card TODAY —...

GlobeNewswire, Inc.

Decision to Withdraw Four Nominees Reflects Diana's Commitment to Providing Shareholders an Opportunity to Affect Meaningful Change on the Genco Board Ismar and Cornell Bring a Fresh Perspective to the Genco Board with Decades of Proven Experience...

GlobeNewswire, Inc.

Board Urges Shareholders to Vote FOR ALL of Genco’s Highly Qualified and Experienced Directors on the WHITE Proxy Card TODAY — and WITHHOLD on Diana’s Nominees in Line with All Three Independent Proxy Advisors’ Recommendations Additional...

GlobeNewswire, Inc.

Features Key Commentary from Diana and Star Bulk on Their Proposed Transaction and Market Conditions The Video and Information on How to VOTE the WHITE Proxy Card Are Available at www.GencoDrivesSuperiorReturns.com NEW YORK, June 05, 2026 (GLOBE...

GlobeNewswire, Inc.

Board Urges Shareholders to Follow Glass Lewis and Egan-Jones’ Recommendation and Vote FOR ALL of Genco’s Highly Qualified and Experienced Directors on the WHITE Proxy Card TODAY — and WITHHOLD on Diana’s Nominees Additional Information Available...

GlobeNewswire, Inc.

Diana Has Consistently Offered Approximately 1.0x NAV Based on the Same Broker Valuation Source Genco Itself Used for Five Years Genco Has Now Moved the Goalposts by Adopting a New Methodology It Has Never Previously Used to Further Entrench...

GlobeNewswire, Inc.

Diana’s Handpicked Nominees Pose Significant Risks for Genco Shareholders’ Investment Genco Board Recommends Shareholders NOT Tender Their Shares In Diana’s Offer Vote FOR Genco’s Highly Qualified Nominees — Proven Stewards of Your Investment...

GlobeNewswire, Inc.

Response Definitively Confirms the Genco Board Rejects Engagement in Meaningful Negotiations Despite Diana's Repeated Good Faith Efforts Following Third Rejection of Increasingly Compelling Offers, Diana Calls on Genco Shareholders to Replace...

GlobeNewswire, Inc.

Offer Continues to Undervalue Genco’s Assets and Business and Fails to Provide Control Premium for Its Leading Drybulk Platform Genco Has Strong Momentum and Is Well Positioned to Continue Delivering Superior Value and Returns to Shareholders...

GlobeNewswire, Inc.

Details Why the Entrenched Genco Board Should Not Be Trusted to Act in Shareholders' Best Interests Contrasts Diana's Six Accomplished, Independent Nominees Against a Board That Has Spent Six Months and Over $13 Million Protecting Itself and...

GlobeNewswire, Inc.

NEW YORK, May 27, 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 that Diana...

GlobeNewswire, Inc.

Increase Reflects Net Asset Value at Cyclically High Asset Values and Diana's Unwavering Commitment to Completing a Value-Maximizing Transaction for All Genco Shareholders Amends Tender Offer Price to $24.80 Per Share in Cash and Extends Deadline...

GlobeNewswire, Inc.

Diana Continues to Spread Misinformation to Shareholders in Pursuit of Its Agenda to Take Control of Genco on the Cheap Protect Your Investment and Future Returns — Vote the WHITE Proxy Card FOR Genco’s Highly Qualified Board of Directors — and...

GlobeNewswire, Inc.

Highlights Genco’s Proven Comprehensive Value Strategy Delivering Superior Returns and Significant Momentum Underway to Capture Upside Diana’s Offer Remains Inadequate and its Handpicked Director Nominees Pose Significant Risks to Genco...

GlobeNewswire, Inc.

Offer of $23.50 Per Share Represents 31% Premium to Undisturbed Share Price and 1.0x NAV — a Price Genco Shareholders Have Almost Never Seen in the Open Market Genco Board Has Refused to Engage with Diana for Five Months While Pursuing a Strategy...

GlobeNewswire, Inc.

Diana Shows its Hand Through Recent Stock Sales Underscoring Its Lack of Commitment to Creating Value for Genco Shareholders Diana’s Low-Ball Offer Continues to Undervalue Genco’s Assets and Business and Fails to Provide a Control Premium Diana...

GlobeNewswire, Inc.

Expresses Confidence in Strength of Business, Momentum Underway and Ability to Continue Generating Superior Returns and Shareholder Value Urges Shareholders to Vote FOR the Reelection of Genco’s Six Directors on the WHITE Proxy Card Recommends...

GlobeNewswire, Inc.

Genco's Current Share Price Is Artificially Inflated and – if Diana's $23.50 Per Share Offer is Taken Off the Table – Could Decline to Approximately $17.50 Per Share, Reflecting Persistent Discount to NAV at Which It Has Historically Traded Diana...

GlobeNewswire, Inc.

Offer Price is Unchanged from Prior Inadequate Proposal – Continues to Undervalue Genco’s Assets and Business, Fails to Provide Control Premium Genco Board Recommends Shareholders NOT Tender Their Shares Into Diana’s Offer Urges Shareholders to...