Genco Shipping Issues Open Letter Rebutting Diana Shipping's Withdrawn Offer And Misleading $36.91 Per Share Valuation Claim, Reaffirms $27.50 NAV Framework And Projects Over $2.00 Per Share In Combined Q3-Q4 2026 Dividends

Genco Shipping & Trading Ltd

GNK

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Diana Shipping Inc.

DSX

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Genco Board Provided Diana Clear Criteria for a Transaction Reflecting Fair Value and in the Best Interests of All Genco Shareholders

Genco Sets the Record Straight on Diana’s Misleading Characterization of the Negotiations and Genco’s Transaction Framework

Genco Is Firing on All Cylinders with Increased and Compelling Dividends Projected for 2026

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