• Genco’s board is reviewing Diana Shipping’s revised, unsolicited $24.8-per-share cash tender offer for the remaining shares.
• Activism pressure escalates into the 2026 annual meeting, with Genco urging holders to back its WHITE proxy card.
• Board recommendation: vote “FOR” Genco’s nominees, “WITHHOLD” on Diana’s nominees, vote “AGAINST” Diana’s shareholder proposals.
• Genco previously rejected Diana approaches priced at $20.6 and $23.5 per share, including a $23.5 tender offer.

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 on May 27, 2026, and is solely responsible for the information contained therein.