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acquisitionAnnounced · Mar 9, 2026Shipping transportation servicesSource · CredibleArticle · Factual
Genco Shipping & Trading
Diana Shipping
Genco Shipping & Trading · Diana Shipping

Diana Shipping acquires Genco Shipping & Trading

David Najork
David Najork · Founding Software Engineer
Published · Updated · 1 min read
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Deal value
Target
Genco Shipping & Trading
Genco Shipping & Trading
NYSE: GNK · New York City, New York
Acquirer
Diana Shipping
Diana Shipping
Full Acquisition
Status
Pending

Diana Shipping agreed to acquire Genco Shipping & Trading. Reported deal value: Undisclosed. Status: Pending. Sector: Shipping transportation services. Target headquarters context: New York City, New York, United States.

This page summarizes publicly available information about the transaction as of 2026-03-09. Figures and status may change as filings and press coverage update.

Diana increases offer to acquire Genco Published on 2026-03-09 at 10:22 Diana Shipping Diana Shipping has increased its all-cash offer to acquire all issued and outstanding shares of Genco Shipping & Trading not already owned by the company to US$23.50 per share

Deal timeline

Announced
Mar 9, 2026 · worldcargonews.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Shipping transportation services. Figures and status may change as sources update.

Sources: worldcargonews.com · Primary article · FireStrike proprietary index