Genco Shipping & Trading urged shareholders to vote for its directors, withhold support from Diana Shipping's nominees, and back the board's other recommendations ahead of the June 17, 2026 deadline. The company said Diana's offer is not in the best interests of shareholders, indicating an ongoing governance and proxy contest. The article is primarily a shareholder-vote update and is unlikely to have a broad market impact.
Genco Shipping & Trading urged shareholders to vote for its directors, withhold support from Diana Shipping's nominees, and back the board's other recommendations ahead of the June 17, 2026 deadline. The company said Diana's offer is not in the best interests of shareholders, indicating an ongoing governance and proxy contest. The article is primarily a shareholder-vote update and is unlikely to have a broad market impact.
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