Genco Shipping & Trading Responds to Diana Shipping's Board Nomination Bid
ByAinvest
Friday, Jan 16, 2026 10:48 am ET1min read
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Genco Shipping & Trading has responded to Diana Shipping Inc.'s intent to nominate directors to replace its entire board. Genco reiterates its commitment to enhancing shareholder value and the benefits of acquiring Diana. The company emphasizes that no shareholder action is required at this time and that its board is dedicated to upholding high corporate governance standards. Genco's board has a rigorous process for reviewing director candidates and has a diverse and qualified board with five independent directors.
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