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acquisitionAnnounced · Mar 19, 2026ShippingSource · CredibleArticle · Factual
Diana Shipping acquires Genco Shipping & Trading
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
—
Target
Genco Shipping & Trading
NYSE: GNK · New York City, New York
Acquirer
Diana Shipping
Full Acquisition
Status
Proposed
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 2026-03-19. Figures and status may change as filings and press coverage update.
Diana Shipping Inc. proposed to acquire the remaining 85 .2% stake in Genco Shipping & Trading Limited for approximately $890 million on November 24, 2025
Deal timeline
Announced
Mar 19, 2026 · in.marketscreener.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Shipping. Figures and status may change as sources update.
Sources: in.marketscreener.com · Primary article · FireStrike proprietary index