Genco Shipping & Trading Board of Directors to Review Revised, Unsolicited Tender Offer from Diana Shipping

NEW YORK, May 27, 2026 (GLOBE NEWSWIRE) -- Genco Shipping and Trading Limited (NYSE: GNK) ("Genco" or the "Company"), the largest U. S. headquartered drybulk shipowner focused on the global transportation of commodities, today confirmed that Diana Shipping, Inc. (NYSE: DSX) has announced a revised tender offer to acquire all outstanding common shares of Genco not already owned by Diana at a price of $24.