Diana Shipping acquires Genco Shipping & Trading

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

This page summarizes publicly available information about the transaction as of 2026-01-16. Figures and status may change as filings and press coverage update.

Diana Shipping Inc. , a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, that owns approximately 14.8% of the outstanding shares of common stock of Genco Shipping & Trading Limited , today announced its intention to nominate a slate of six highly qualified director candidates for election to Genco Board of Directors at its upcoming 2026 Annual Meeting of Shareholders