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,…
Offer of $27.34 Per Share, Comprised of $24.80 in Cash and One Diana Share, Remains on the Table Genco’s Characterization of Advisor Engagement to Discuss the Price, Terms and Structure…
The Answer: Because the Genco Board Can’t Take the Heat That Comes with Shareholders Expressing Their Views Genco Board Has Resorted to Arguing Petty Technicalities Instead of Engaging with Diana…
Diana Shipping Inc. Announces Extension of Financing to Support Acquisition of All Outstanding Shares of Genco Shipping & Trading Fully Underwritten Commitment Arranged by DNB Carnegie and Nordea, with Participation…
10.6 Million, or 28.4% of Outstanding Shares Not Owned By Diana, Tendered into Offer as of June 26 $27.34 Per Share Offer Made to Genco Board — Comprised of $24.80…
The Genco Board Has a Responsibility to Deliver on its Commitments to Create Value for Shareholders Urges the Genco Board to Engage in Good Faith with Respect to Diana’s Offer…
Diana Shares Valued at $2.54 Per Share Based on Diana’s Volume-Weighted Average Price for the 30 Days Ended on June 16, 2026 Revised Offer Reflects a 53% Premium to Genco’s…
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…
DIANA SHIPPING INC. COMMENTS ON GENCO SHIPPING & TRADING’S REJECTION OF$24.80 PER SHARE ALL-CASH TENDER OFFER Athens, Greece – June 2, 2026 – Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the…
DIANA SHIPPING INC. SENDS LETTER TO GENCO SHIPPING & TRADING SHAREHOLDERS MAKING THE CASE FOR ELECTING SIX INDEPENDENT NOMINEES WITH PROVEN TRACK RECORDS OF CREATING SHAREHOLDER VALUE Details Why the…
DIANA SHIPPING INC. CAUTIONS OF SIGNIFICANT DOWNSIDE RISK IN GENCO’S SHARE PRICE Genco’s Current Share Price Is Artificially Inflated and – if Diana’s $23.50 Per Share Offer is Taken Off…
Every Action Counts with Beach Cleanup October 10, 2022: The North American Marine Environment Protection Association (NAMEPA) partnered with corporate member, Genco Shipping & Trading (NYSE: GNK), to sponsor a…