Diana Shipping Inc. Calls on Genco Shipping & Trading to Stop Delaying 2026 Annual Meeting

Diana Shipping Inc. (DSX), which owns a 14.8% stake in Genco Shipping & Trading Limited (GNK), has publicly urged Genco’s Board to immediately announce the date of its 2026 Annual Meeting. Diana Shipping asserts that Genco is deliberately delaying the meeting and manipulating proxy procedures to prevent shareholders from voting on important matters, including Diana’s acquisition offer and proposed director nominees. Diana’s CEO, Semiramis Paliou, condemned Genco’s actions as a strategy to entrench the current board and called for Genco to stop using procedural tactics to disenfranchise shareholders.

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