MarketPulse

drybulk shipping

2 articles
GlobeNewswire Inc.GlobeNewswire Inc.··Genco Shipping & Trading Limited

Genco Shipping Defends Board Against Diana Bid, Hikes Dividend 133% YoY

Genco Shipping urges shareholders to reject Diana's takeover attempt, citing below-market valuation. Company raises Q1 dividend to $0.35/share, up 133% year-over-year.
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GlobeNewswire Inc.GlobeNewswire Inc.··Genco Shipping & Trading Limited

Genco Shipping Faces $23.50 Revised Bid from Diana as Takeover Pressure Mounts

Genco Shipping evaluates Diana's revised $23.50 per-share acquisition bid, a 14% improvement over January's rejected $20.60 offer, as maritime consolidation pressures intensify.
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