• Genco Shipping & Trading filed definitive proxy materials ahead of June 18 annual meeting amid a board challenge tied to takeover efforts by rival Diana Shipping.
• Board urged holders to vote FOR reelection of its six director nominees on white proxy card, withhold votes from Diana nominees.
• Company framed contest as decision on board control rather than direct vote on Diana acquisition proposals, citing Diana offer of USD 23.5 per share as inadequate and below net asset value.
• Shareholders also asked to vote FOR ratification of shareholder rights plan adopted in response to Diana rapid stakebuilding.

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: 202605070630PRIMZONEFULLFEED9715397) on May 07, 2026, and is solely responsible for the information contained therein.