Genco Shipping urges shareholders to back board, reject Diana nominees ahead of June 18 vote

Genco Shipping & Trading Ltd
Diana Shipping Inc.

Genco Shipping & Trading Ltd

GNK

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Diana Shipping Inc.

DSX

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  • Genco faces a proxy fight ahead of its June 18 annual meeting, urging votes for its full board and against Diana Shipping’s two nominees.
  • ISS, Glass Lewis, and Egan-Jones backed Genco’s directors, advised withholding support for Diana’s nominees, and said board change is not warranted.
  • Genco also urged shareholders not to tender into Diana’s USD 24.80-per-share offer, calling it below NAV and below analyst NAV estimates.
  • Voting deadline set for June 17 at 11:59 p.m. ET.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genco Shipping & Trading Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606150645PRIMZONEFULLFEED9746849) on June 15, 2026, and is solely responsible for the information contained therein.