Diana to Nominate Six Directors for Genco's Board, Citing Failure to Engage.
ByAinvest
Friday, Jan 16, 2026 8:44 am ET1min read
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Diana Shipping Inc. plans to nominate six highly qualified director candidates for Genco Shipping & Trading Limited's Board of Directors. Diana, the largest shareholder of Genco, believes meaningful change is needed to ensure the board evaluates its offer and maximizes shareholder value. Diana has failed to engage constructively with Genco's board and have not meaningfully evaluated an attractive premium acquisition proposal. Diana's nominees bring extensive experience in dry bulk shipping, finance, mergers and acquisitions, and corporate governance.
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