$GNK News
Last published 1w ago
- 1w agoGNKGENCO SHIPPING & TRADING LTD - EXHIBIT 99.1Earnings ReleasesForm 8-K - Current report - Item 2.02 Item 9.01
- 1w agoGNKGenco Shipping & Trading Limited Announces Q3 2026 Financial ResultsGlobeNewswireDeclares Record Dividend of $1.05 per Share for Q3 2026 Projects Another Dividend of Greater Than $1 Per Share in Q4 2026 NEW YORK, Nov. 04, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK)
- 4w agoGNKGenco Shipping & Trading Limited Announces Third Quarter 2026 Conference Call and WebcastGlobeNewswireNEW YORK, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) announced today that it will hold a conference call to discuss the Company’s results for the third quarter of 2026 on
- 2mo agoGNKGenco Shipping & Trading Limited Issues Open Letter to Shareholders Following Withdrawal by Diana Shipping Inc. of its OfferGlobeNewswireGenco Board Provided Diana Clear Criteria for a Transaction Reflecting Fair Value and in the Best Interests of All Genco Shareholders Genco Sets the Record Straight on Diana’s Misleading Characterization of the
- 2mo agoDSXGNKDiana Shipping Inc. Withdraws Offer to Acquire Genco Shipping & Trading Following Genco Board's Outrageous DemandsGlobeNewswireFollowing Nine Months of Avoiding Engagement, Genco Board Demands Consideration Valued at Approximately $36.91 Per Share — a 57% Premium to Genco’s Undisturbed Share Price at the Time of Diana’s Last Offer Genco’s
- 3mo agoGNKGenco Shipping & Trading Limited Announces Delivery of High Specification Capesize VesselGlobeNewswireFurther Expands Fleet of Premium Earning Assets, Including 20 Capesize/Newcastlemax Vessels Highly Accretive Capesize/Newcastlemax Acquisitions Have Generated ~30% IRR and Meaningfully Contributed to Dividend Growth
- 3mo agoDSXGNKSBLKDiana Shipping Inc. and Star Bulk Carriers Announce Mutual Agreement to Terminate Vessel Sale and Purchase AgreementGlobeNewswireDiana's Offer to Acquire All Outstanding Shares of Genco Remains on the Table Termination of Agreement Has No Impact on Diana’s $1.411 Billion in Committed Financing Nearly Eight Weeks Have Passed Since Diana
- 3mo agoGNKGenco Shipping & Trading Limited Announces Q2 2026 Financial ResultsGlobeNewswireDeclares Dividend of $0.80 per Share for Q2 2026, a Record Value Strategy Dividend Projects Another Record Dividend in Q3 2026 NEW YORK, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited
- 3mo agoDSXGNKDiana Shipping Inc. Highlights Decline in Genco Shipping & Trading Fleet Values and Urges Board to Act Before Further Value is ErodedGlobeNewswireVesselsValue Data Shows That Fleet Values Are Subject to Meaningful Fluctuation and Do Not Uniformly Support Genco's Claims Genco Abandoned the Valuation Methodology It Published for More Than Five Years,
- 3mo agoGNKGenco Shipping & Trading Limited Issues Statement in Response to Expiration of Diana Shipping’s Tender OfferGlobeNewswireGenco Will Continue to Engage in Good Faith Discussions with Diana and Act in the Best Interests of Genco Shareholders Genco’s Board Continues to Review Diana’s Separate Non-Binding Indicative Proposal NEW YORK, July
- 3mo agoDSXGNKDiana Shipping Inc. Urges Genco Shipping & Trading to Stop Misleading Investors and Engage in Good Faith NegotiationsGlobeNewswireOffer of $27.34 Per Share, Comprised of $24.80 in Cash and One Diana Share, Remains on the Table Genco's Characterization of Advisor Engagement to Discuss the Price, Terms and Structure of Diana’s Proposal Is False
- 3mo agoGNKGenco Shipping & Trading Limited Board of Directors Provides Update on Review of Diana Shipping’s Revised, Non-Binding Indicative ProposalGlobeNewswireGenco’s Advisors Engaged with Diana’s Advisors as Part of the Board’s Ongoing Review Genco’s Board is Committed to Maximizing Shareholder Value NEW YORK, July 23, 2026 (GLOBE NEWSWIRE) -- Genco Shipping &
- 3mo agoGRMLGNKRPAYCMRC+1This Greenland Rare Earth and Precious Metals Company Just Put Up a Takeover Defense, and It Says Something About How It Views Its Own ValuePR NewswireAmerican News Group News Commentary - When a company adopts a shareholder rights plan, the immediate question investors tend to ask is not "who is...
- 3mo agoLMTLDOSGNKContracts for July 15, 2026U.S. Department of WarU.S. SPECIAL OPERATIONS COMMAND Lockheed Martin Corp., Lexington, Kentucky, has been awarded an indefinite-delivery/indefinite-quantity 12-year contract (H92254-26-DE-001) with a ceiling value of up to $10,530,000,010. This contract will provide non-personal, global logistics support services and expertise to maintain program support and Enterprise management functions for U.S. Special Operations ...
- 4mo agoGNKGenco Shipping & Trading Limited Announces Second Quarter 2026 Conference Call and WebcastGlobeNewswireNEW YORK, July 14, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) announced today that it will hold a conference call to discuss the Company’s results for the second quarter of 2026 on
- 4mo agoGNKGenco Shipping & Trading Limited Comments on Extension of $24.80 Per Share Tender Offer by Diana ShippingGlobeNewswireDiana Still Has Not Updated Its Tender Offer Materials to Align Terms with Indicative, Non-Binding Proposal NEW YORK, July 13, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco"
- 4mo agoDSXGNKDiana Shipping Inc. Announces Extension of Tender Offer for All Outstanding Shares of Genco Shipping & TradingGlobeNewswire11.1 Million, or 29.7% of Outstanding Shares Not Owned by Diana, Tendered into Offer as of July 10 Latest Direct Proposal of $27.34 Per Share, Comprised of $24.80 in Cash and One Diana Share, Remains on the Table
- 4mo agoDSXGNKDiana Shipping Inc. Asks: Why is Genco So Afraid of Diana’s Tender Offer?GlobeNewswireThe Answer: Because the Genco Board Can’t Take the Heat That Comes with Shareholders Expressing Their Views Genco Board Has Resorted to Arguing Petty Technicalities Instead of Engaging with Diana Keeps Making Hollow
- 4mo agoGNKGenco Shipping & Trading Limited Comments on Diana Shipping Inc.’s Misleading Tender Offer DisclosuresGlobeNewswireTender Offer is For Only $24.80 Per Share in Cash Cautions Shareholders Not to Tender into $24.80 Per Share Tender Offer NEW YORK, July 08, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK)
- 4mo agoDSXGNKDiana Shipping Inc. Urges Genco Shipping & Trading Shareholders to Tender Their Shares by Friday, July 10GlobeNewswire10,583,484 Shares, or 28.4% of Outstanding Shares Not Owned by Diana, Tendered into Offer as of June 26, 2026 Diana’s $27.34 Per Share Offer Made Directly to Genco Board — Comprised of $24.80 in Cash and One Diana
- 4mo agoDSXGNKDiana Shipping Inc. Announces Extension of Financing to Support Acquisition of All Outstanding Shares of Genco Shipping & TradingGlobeNewswireFully Underwritten Commitment Arranged by DNB Carnegie and Nordea, with Participation from Leading International Banks $27.34 Per Share Offer Made to Genco Board — Comprised of $24.80 in Cash and One Diana Share Valued
- 4mo agoGNKGenco Shipping & Trading Limited Responds to Diana Shipping Extending its Inadequate $24.80 Unsolicited Tender OfferGlobeNewswireDiana’s $24.80 Tender Offer Continues to Undervalue Genco and its Assets and Fails to Provide a Control Premium NEW YORK, June 29, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK)
- 4mo agoDSXGNKDiana Shipping Inc. Announces Extension of Tender Offer for All Outstanding Shares of Genco Shipping & TradingGlobeNewswire10.6 Million, or 28.4% of Outstanding Shares Not Owned By Diana, Tendered into Offer as of June 26 $27.34 Per Share Offer Made to Genco Board — Comprised of $24.80 in Cash and One Diana Share Valued at $2.541 — Remains
- 4mo agoDSXGNKDiana Shipping Inc. Reaffirms Offer to Acquire Genco Shipping & TradingGlobeNewswireThe Genco Board Has a Responsibility to Deliver on its Commitments to Create Value for Shareholders Urges the Genco Board to Engage in Good Faith with Respect to Diana's Offer of $27.34 Per Share, Comprised of
- 4mo agoGNKGenco Shipping & Trading Limited Shareholders Overwhelmingly Re-Elect All Genco Director Nominees at 2026 Annual MeetingGlobeNewswireResults Reflect Strong Support for Genco Board of Directors and Ongoing Execution of Genco's Comprehensive Value Strategy NEW YORK, June 18, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK)
- 4mo agoGNKGenco Shipping & Trading Limited Confirms Receipt of Revised Offer from Diana Shipping Inc.GlobeNewswireGenco's Annual Meeting to Convene as Scheduled on June 18, 2026 NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered
- 4mo agoDSXGNKDiana Shipping Inc. Raises Offer to Acquire Genco Shipping & Trading to $27.34 Per Share Comprised of $24.80 in Cash and One Diana ShareGlobeNewswireDiana Shares Valued at $2.54 Per Share Based on Diana's Volume-Weighted Average Price for the 30 Days Ended on June 16, 2026 Revised Offer Reflects a 53% Premium to Genco's Undisturbed Share Price and a 6%
- 4mo agoGNKGenco Shipping & Trading Limited Reminds Shareholders to Vote TODAYGlobeNewswireThe Deadline to Vote is Today at 11:59 PM ET Genco Urges Shareholders to Follow Recommendations of All Three Proxy Advisory Firms — ISS, Glass Lewis and Egan-Jones — to Vote FOR Genco's Highly Qualified Director
- 4mo agoDSXGNKDiana Shipping Inc. Reminds Genco Shipping & Trading Shareholders to Cast Their Vote for Independent, Fresh Perspectives in the Boardroom Ahead of Annual Meeting on June 18GlobeNewswireRaises Serious Questions About Governance Changes Designed to Benefit and Protect John Wobensmith Following His Appointment as Chairman Shareholders Have One Last Opportunity to Send a Clear Message to the Genco Board
- 4mo agoGNKGenco Shipping & Trading Limited Urges Shareholders to Vote "FOR" its Highly Qualified Directors at June 18th Annual MeetingGlobeNewswireLeading Proxy Advisory Firms – ISS, Glass Lewis and Egan-Jones – All Support Reelection of Genco's Full Board, Who Continue to Deliver Superior Shareholder Value in a Strengthening Drybulk Market Diana's Handpicked
- 4mo agoDSXGNKDiana Shipping Inc. Addresses Genco Shipping & Trading's Last-Ditch Attempt to Cling to Poison PillGlobeNewswireAmid Growing Opposition from Shareholders, Genco Board Continues to Further Entrench Itself by Refusing to Rescind the Poison Pill Should Shareholders Vote Against the Poison Pill as Recommended by ISS Genco Continues
- 5mo agoGNKGenco Shipping & Trading Limited Board of Directors Provides Firm Commitments for Future Treatment of Shareholders Rights AgreementGlobeNewswireAdditional Information Available at www.GencoDrivesSuperiorReturns.com NEW YORK, June 11, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S.
- 5mo agoDSXGNKDiana Shipping Inc. Urges Genco Shipping & Trading Shareholders to Vote for Jens Ismar and Paul Cornell to the Board, and Vote Against Genco's Poison Pill and Equity Incentive Plan Ahead of Annual Meeting on June 18GlobeNewswireShareholders Have a Critical Opportunity to Send a Strong Message to Genco's Entrenched Board Significant Investor Support Emerging to Defeat Proposals to Ratify Genco's Poison Pill and Equity Incentive Plan — Both
- 5mo agoGNKGenco Shipping & Trading Limited Urges Shareholders to Vote TodayGlobeNewswireVote for All of Genco's Highly Qualified Directors in Line with Recommendations of Three Proxy Advisory Firms Genco's Board of Directors Is Delivering Superior Returns and Value to Shareholders Through Execution of
- 5mo agoDSXGNKDiana Shipping Inc. Alerts Genco Shareholders of Institutional Shareholder Services' Recommendation to Vote Against Genco Shipping & Trading's Poison PillGlobeNewswireISS Recommendation Cites Entrenchment Concerns While Diana's $24.80 Per Share All-Cash Offer is on the Table Glass Lewis Recognizes Diana as a "Serious and Committed Bidder" and Highlights Risks That the
- 5mo agoGNKGenco Shipping & Trading Limited Responds to Diana Shipping's Withdrawal of Director NominationsGlobeNewswireDiana's Latest Actions Represent Last-Ditch Attempt to Gain Influence Over Genco's Board and Acquire Genco on the Cheap Board Urges Shareholders to Vote FOR ALL of Genco's Highly Qualified and Experienced Directors on
- 5mo agoDSXGNKDiana Shipping Inc. Focuses Proxy Contest on Election of Jens Ismar and Paul Cornell to Genco Shipping & Trading BoardGlobeNewswireDecision to Withdraw Four Nominees Reflects Diana's Commitment to Providing Shareholders an Opportunity to Affect Meaningful Change on the Genco Board Ismar and Cornell Bring a Fresh Perspective to the Genco Board
- 5mo agoGNKGenco Shipping & Trading Limited Announces Leading Proxy Advisor ISS Joins Glass Lewis and Egan-Jones in Recommending Shareholders Vote "FOR" ALL of Genco's Director NomineesGlobeNewswireBoard Urges Shareholders to Vote FOR ALL of Genco's Highly Qualified and Experienced Directors on the WHITE Proxy Card TODAY — and WITHHOLD on Diana's Nominees in Line with All Three Independent Proxy Advisors'
- 5mo agoGNKGenco Shipping & Trading Limited Shares Video Highlighting Diana Shipping's Attempt to Acquire Genco on the CheapGlobeNewswireFeatures Key Commentary from Diana and Star Bulk on Their Proposed Transaction and Market Conditions The Video and Information on How to VOTE the WHITE Proxy Card Are Available at www.GencoDrivesSuperiorReturns.com NEW
- 5mo agoGNKGenco Shipping & Trading Limited Highlights Recommendations from Leading Independent Proxy Advisory Firms Glass Lewis and Egan-Jones that Shareholders Vote "FOR" ALL of Genco's Director NomineesGlobeNewswireBoard Urges Shareholders to Follow Glass Lewis and Egan-Jones' Recommendation and Vote FOR ALL of Genco's Highly Qualified and Experienced Directors on the WHITE Proxy Card TODAY — and WITHHOLD on Diana's Nominees
- 5mo agoDSXGNKDiana Shipping Inc. Challenges Genco Shipping & Trading's Repeated Efforts to Avoid Engagement By Shifting its Own Valuation MethodologyGlobeNewswireDiana Has Consistently Offered Approximately 1.0x NAV Based on the Same Broker Valuation Source Genco Itself Used for Five Years Genco Has Now Moved the Goalposts by Adopting a New Methodology It Has Never Previously
- 5mo agoGNKGenco Shipping & Trading Limited Sends Letter to Shareholders Detailing Genco Board of Directors' Strong Position to Continue Generating Superior ValueGlobeNewswireDiana's Handpicked Nominees Pose Significant Risks for Genco Shareholders' Investment Genco Board Recommends Shareholders NOT Tender Their Shares In Diana's Offer Vote FOR Genco's Highly Qualified Nominees — Proven
- 5mo agoDSXGNKDiana Shipping Inc. Comments on Genco Shipping & Trading's Rejection of $24.80 Per Share All-Cash Tender OfferGlobeNewswireResponse Definitively Confirms the Genco Board Rejects Engagement in Meaningful Negotiations Despite Diana's Repeated Good Faith Efforts Following Third Rejection of Increasingly Compelling Offers, Diana Calls on
- 5mo agoGNKGenco Shipping & Trading Limited Board of Directors Unanimously Rejects Diana Shipping's Revised, Unsolicited Tender OfferGlobeNewswireOffer Continues to Undervalue Genco's Assets and Business and Fails to Provide Control Premium for Its Leading Drybulk Platform Genco Has Strong Momentum and Is Well Positioned to Continue Delivering Superior Value and
- 5mo agoDSXGNKDiana Shipping Inc. Sends Letter to Genco Shipping & Trading Shareholders Making the Case for Electing Six Independent Nominees With Proven Track Records of Creating Shareholder ValueGlobeNewswireDetails Why the Entrenched Genco Board Should Not Be Trusted to Act in Shareholders' Best Interests Contrasts Diana's Six Accomplished, Independent Nominees Against a Board That Has Spent Six Months and Over $13
- 5mo agoDSXGNKGenco Shipping & Trading Board of Directors to Review Revised, Unsolicited Tender Offer from Diana ShippingGlobeNewswireNEW YORK, May 27, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of
- 5mo agoDSXGNKDiana Shipping Inc. Increases All-Cash Offer to Acquire Genco Shipping & Trading to $24.80 Per ShareGlobeNewswireIncrease Reflects Net Asset Value at Cyclically High Asset Values and Diana's Unwavering Commitment to Completing a Value-Maximizing Transaction for All Genco Shareholders Amends Tender Offer Price to $24.80 Per
- 5mo agoGNKGenco Shipping & Trading Limited Sets the Record Straight on Numerous Falsehoods in Diana's Investor PresentationGlobeNewswireDiana Continues to Spread Misinformation to Shareholders in Pursuit of Its Agenda to Take Control of Genco on the Cheap Protect Your Investment and Future Returns — Vote the WHITE Proxy Card FOR Genco's Highly Qualified
- 5mo agoGNKGenco Shipping & Trading Limited Files Investor Presentation and Urges Shareholders to Vote for the Company's Highly Qualified Nominees and Reject Diana's Inadequate Tender OfferGlobeNewswireHighlights Genco's Proven Comprehensive Value Strategy Delivering Superior Returns and Significant Momentum Underway to Capture Upside Diana's Offer Remains Inadequate and its Handpicked Director Nominees Pose
- 5mo agoDSXGNKSBLKDiana Shipping Inc. Releases Investor Presentation Highlighting Need for Change at Genco Shipping & TradingGlobeNewswireOffer of $23.50 Per Share Represents 31% Premium to Undisturbed Share Price and 1.0x NAV — a Price Genco Shareholders Have Almost Never Seen in the Open Market Genco Board Has Refused to Engage with Diana for Five