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Diana Shipping Claims Genco Shipping & Trading Adopts Valuation Methodology To Avoid Proposed $24.80/Share Takeover Discussions

Benzinga·06/04/2026 20:02:24
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Diana Shipping Inc. (NYSE:DSX) ("Diana" or "the Company"), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited (NYSE:GNK) ("Genco"), today addressed Genco's continued use of shifting valuation standards as a pretext for avoiding engagement with Diana's fully financed, all-cash offer of $24.80 per share.