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Diana Shipping Considering Proxy Contest On Election Of Two Nominees To Genco Shipping & Trading's Board

Benzinga·06/08/2026 13:37:10
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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 announced that it is focusing its proxy contest on the election of two of its nominees to the Genco Board of Directors (the "Genco Board") — Jens Ismar and Paul Cornell — and recommends that shareholders vote "WITHHOLD" on Genco nominees Basil G. Mavroleon and Arthur L. Regan in connection with Genco's 2026 Annual Meeting of Shareholders (the "Annual Meeting") on June 18, 2026.