Skip to content
drillr.ai

GNK

Genco Shipping & Trading Limited

NYSE · USIndustrialsMarine Shipping
$25.26+4.73%

Price as of Jul 20, 2026

GNK news

Genco Shipping & Trading Limited news

A server-rendered, paginated timeline of the latest available company news.

  1. Genco Shipping & Trading Limited Comments on Extension of $24.80 Per Share Tender Offer by Diana Shipping

    Diana Still Has Not Updated Its Tender Offer Materials to Align Terms with Indicative, Non-Binding Proposal NEW YORK, July 13, 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 issued the following statement regarding the extension by Diana Shipping Inc. (“Diana”) of its inadequate tender offer to acquire all outstanding common shares of Genc

    Globe Newswire ·

  2. Diana Shipping Inc. Asks: Why is Genco So Afraid of Diana’s Tender Offer?

    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 Keeps Making Hollow Claim That Shareholders Will Only Receive $24.80 Per Share if They Tender – The Truth is That Genco Shareholders Will Receive Nothing Because the Genco Board Continues to Maintain Its Poison Pill and Refuses to Negotiate a Value Creating Transaction Diana’s Tender Offer Provides S

    Globe Newswire ·

  3. Genco Shipping & Trading Limited Comments on Diana Shipping Inc.’s Misleading Tender Offer Disclosures

    Tender Offer is For Only $24.80 Per Share in Cash Cautions Shareholders Not to Tender into $24.80 Per Share Tender Offer NEW YORK, July 08, 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 issued the following statement regarding the pending tender offer by Diana Shipping Inc. (“Diana”): We are dismayed by Diana’s continued misleading disc

    Globe Newswire ·

  4. Diana Shipping Inc. Urges Genco Shipping & Trading Shareholders to Tender Their Shares by Friday, July 10

    10,583,484 Shares, or 28.4% of Outstanding Shares Not Owned by Diana, Tendered into Offer as of June 26, 2026 Diana’s $27.34 Per Share Offer Made Directly to Genco Board — Comprised of $24.80 in Cash and One Diana Share Valued at $2.54 — Remains on the Table, Providing an Opportunity to Deliver Premium Value for All Genco Shareholders Nearly Three Weeks After Receiving Diana’s Offer, Genco Board Has Yet to Respond; By Tendering Their Shares, Shareholders Can Send a Clear Message to the Genco B

    Globe Newswire ·

  5. 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 from Leading International Banks $27.34 Per Share Offer Made to Genco Board — Comprised of $24.80 in Cash and One Diana Share Valued at $2.54(1) — Remains on the Table, Providing an Opportunity to Deliver Premium Value for Genco Shareholders Financing Extension, Combined with Shareholder Tender Support, Reflects Growing Momentum Behind Diana’s Proposal and Its Unwavering Commitment to Negotiating a Transactio

    Globe Newswire ·

  6. Genco Shipping & Trading Limited Responds to Diana Shipping Extending its Inadequate $24.80 Unsolicited Tender Offer

    Diana’s $24.80 Tender Offer Continues to Undervalue Genco and its Assets and Fails to Provide a Control Premium NEW YORK, June 29, 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 issued the following statement regarding Diana Shipping Inc.’s (“Diana”) extension of its inadequate tender offer to acquire all outstanding common shares of Genco

    Globe Newswire ·

  7. Diana Shipping Inc. Announces Extension of Tender Offer for All Outstanding Shares of Genco Shipping & Trading

    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 in Cash and One Diana Share Valued at $2.54(1) — Remains on the Table, Providing an Opportunity to Deliver Premium Value for Genco Shareholders Significant Show of Support for Diana’s Tender Offer Sends Clear Message that Genco and Diana Should Negotiate a Transaction ATHENS, Greece, June 29, 2026 (GLOBE NEWSWIRE) -- Diana Shipping

    Globe Newswire ·

  8. Genco Shipping & Trading Limited Shareholders Overwhelmingly Re-Elect All Genco Director Nominees at 2026 Annual Meeting

    Results Reflect Strong Support for Genco Board of Directors and Ongoing Execution of Genco’s Comprehensive Value Strategy NEW YORK, June 18, 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 announced that, based on preliminary results, Genco shareholders have overwhelmingly voted to re-elect all six of Genco’s director nominees — Paramita Da

    Globe Newswire ·

  9. Diana Shipping Inc. Raises Offer to Acquire Genco Shipping & Trading to $27.34 Per Share Comprised of $24.80 in Cash and One Diana Share

    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 Undisturbed Share Price and a 6% Premium to NAV at Cyclically High Drybulk Asset Values at or Near 15-Year Highs Provides Genco Shareholders Immediate Cash Certainty Plus Opportunity for Equity Participation in the Combined Company Diana Requests That Genco Delay the Annual Meeting Currently Scheduled for June 18 to Allow

    Globe Newswire ·

  10. Genco Shipping & Trading Limited Reminds Shareholders to Vote TODAY

    The Deadline to Vote is Today at 11:59 PM ET Genco Urges Shareholders to Follow Recommendations of All Three Proxy Advisory Firms — ISS, Glass Lewis and Egan-Jones — to Vote FOR Genco’s Highly Qualified Director Nominees Voting Information is Available at www.GencoDrivesSuperiorReturns.com NEW YORK, June 17, 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

    Globe Newswire ·

  11. Diana Shipping Inc. Reminds Genco Shipping & Trading Shareholders to Cast Their Vote for Independent, Fresh Perspectives in the Boardroom Ahead of Annual Meeting on June 18

    Raises Serious Questions About Governance Changes Designed to Benefit and Protect John Wobensmith Following His Appointment as Chairman Shareholders Have One Last Opportunity to Send a Clear Message to the Genco Board Regarding Its Prioritization of Management's Interests Over Those of Shareholders Diana Urges Genco Shareholders to Vote the GOLD Universal Proxy Card "FOR" Jens Ismar and Paul Cornell, "WITHHOLD" on Basil G. Mavroleon and Arthur L. Regan, and "AGAINST" Ratifying Genco's Poison P

    Globe Newswire ·

  12. Genco Shipping & Trading Limited Urges Shareholders to Vote “FOR” its Highly Qualified Directors at June 18th Annual Meeting

    Leading Proxy Advisory Firms – ISS, Glass Lewis and Egan-Jones – All Support Reelection of Genco’s Full Board, Who Continue to Deliver Superior Shareholder Value in a Strengthening Drybulk Market Diana’s Handpicked Nominees Pose Significant Risks to Shareholders’ Investments   Additional Information and Video on How to Vote the WHITE Proxy Card is Available at www.GencoDrivesSuperiorReturns.com NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or

    Globe Newswire ·

  13. Diana Shipping Inc. Addresses Genco Shipping & Trading’s Last-Ditch Attempt to Cling to Poison Pill

    Amid Growing Opposition from Shareholders, Genco Board Continues to Further Entrench Itself by Refusing to Rescind the Poison Pill Should Shareholders Vote Against the Poison Pill as Recommended by ISS Genco Continues to Put Forth Manufactured Claims Regarding Diana’s Disclosures to Distract Shareholders, Fails to Explain Why They Justify Instituting a Drastic Defensive Measure Against Largest Shareholder Diana Urges Shareholders to Vote "AGAINST" Ratifying Genco's Poison Pill and Equity Incen

    Globe Newswire ·

  14. Genco Shipping & Trading Limited Board of Directors Provides Firm Commitments for Future Treatment of Shareholders Rights Agreement

    Additional Information Available at www.GencoDrivesSuperiorReturns.com NEW YORK, June 11, 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 announced that its Board of Directors made the following commitments with respect to Genco’s Shareholders Rights Agreement (the “Rights Agreement”), which was entered into in 2025 following the rapid accu

    Globe Newswire ·

  15. Diana Shipping Inc. Urges Genco Shipping & Trading Shareholders to Vote for Jens Ismar and Paul Cornell to the Board, and Vote Against Genco’s Poison Pill and Equity Incentive Plan Ahead of Annual Meeting on June 18

    Shareholders Have a Critical Opportunity to Send a Strong Message to Genco’s Entrenched Board Significant Investor Support Emerging to Defeat Proposals to Ratify Genco's Poison Pill and Equity Incentive Plan — Both of Which ISS Has Recommended Shareholders Vote Against Diana Urges Genco Shareholders to Vote the GOLD Universal Proxy Card "FOR" Jens Ismar and Paul Cornell, Who Will Bring Fresh Perspectives to the Genco Board, "WITHHOLD" on Basil G. Mavroleon and Arthur L. Regan, and "AGAINST" Ra

    Globe Newswire ·

  16. Genco Shipping & Trading Limited Urges Shareholders to Vote Today

    Vote for All of Genco’s Highly Qualified Directors in Line with Recommendations of Three Proxy Advisory Firms Genco’s Board of Directors Is Delivering Superior Returns and Value to Shareholders Through Execution of Genco’s Comprehensive Value Strategy Additional Information Available at www.GencoDrivesSuperiorReturns.com NEW YORK, June 10, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused o

    Globe Newswire ·

  17. Diana Shipping Inc. Alerts Genco Shareholders of Institutional Shareholder Services’ Recommendation to Vote Against Genco Shipping & Trading's Poison Pill

    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 to Evaluate any Current Offer Genco Board Resists Even Limited, Constructive Board Refresh with Two Independent Nominees Diana Urges Genco Shareholders to Vote the GOLD Universal Proxy Card "FOR" Jens Ismar and Paul Cornell, "WITHHOLD" on Basil G. M

    Globe Newswire ·

  18. Genco Shipping & Trading Limited Responds to Diana Shipping’s Withdrawal of Director Nominations

    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 — and WITHHOLD on Diana’s Handpicked Nominees Additional Information Available at www.GencoDrivesSuperiorReturns.com NEW YORK, June 08, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. he

    Globe Newswire ·

  19. Diana Shipping Inc. Focuses Proxy Contest on Election of Jens Ismar and Paul Cornell to Genco Shipping & Trading Board

    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 as Seasoned Drybulk Executives and Board Members Calls on Genco Shareholders to Vote the GOLD Universal Proxy Card "FOR" Jens Ismar and Paul Cornell and "WITHHOLD" on Genco Nominees Basil G. Mavroleon and Arthur L. Regan ATHENS, Greece, June 08, 202

    Globe Newswire ·

  20. Genco Shipping & Trading Limited Announces Leading Proxy Advisor ISS Joins Glass Lewis and Egan-Jones in Recommending Shareholders Vote “FOR” ALL of Genco’s Director Nominees

    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 Information Available at www.GencoDrivesSuperiorReturns.com NEW YORK, June 08, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportatio

    Globe Newswire ·