{"id":949433,"date":"2026-04-07T09:33:52","date_gmt":"2026-04-07T13:33:52","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/genco-shipping-trading-launches-website-for-shareholders\/"},"modified":"2026-04-07T09:33:52","modified_gmt":"2026-04-07T13:33:52","slug":"genco-shipping-trading-launches-website-for-shareholders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/genco-shipping-trading-launches-website-for-shareholders\/","title":{"rendered":"Genco Shipping &amp; Trading Launches Website for Shareholders"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <em>Learn More at\u00a0<\/em><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=r-EJTOiwpM6imPr_5p6wXxoEPzZUm0oMpuawDwBKk3nmtspqsDu3IG_DR3S6olm8IjCrAqCpy2sUj8cXSiyOm1geOg9cdtYpmKfbD2s7cJ31HuuwErmO5jtoeckb-kCNJJV3tD26H-5FZvvOkeUvcA==\" rel=\"nofollow\" target=\"_blank\"><br \/>\n          <em>www.GencoDrivesSuperiorReturns.com<\/em><br \/>\n        <\/a>\n      <\/p>\n<p>NEW YORK, April  07, 2026  (GLOBE NEWSWIRE) &#8212; Genco Shipping &amp; Trading Limited (NYSE:GNK) (\u201cGenco\u201d or the \u201cCompany\u201d), the largest U.S.-headquartered drybulk shipowner focused on the global transportation of commodities, today announced it has launched\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=r-EJTOiwpM6imPr_5p6wXxoEPzZUm0oMpuawDwBKk3myCvZsLkNxv8706j9gYxheGOm1NQczoIglBPuSnoQ0JS_Ux12mhN2qFeHmm8-tsZQZLLC3n2EawpbQ6bZFF8VN9yGw-ozFHgUx0uuWJ__0dw==\" rel=\"nofollow\" target=\"_blank\">www.GencoDrivesSuperiorReturns.com<\/a> to provide shareholders with important information on Genco\u2019s comprehensive value strategy, the Company\u2019s strong corporate governance practices and the risks associated with the attempt by Diana Shipping Inc. (\u201cDiana\u201d) to take over Genco.<\/p>\n<p>The website provides clear and compelling information, including:<\/p>\n<ul type=\"disc\">\n<li>Details on <strong>Genco\u2019s comprehensive value strategy<\/strong>, which has returned $292 million to shareholders in dividends\u00a0since April 2021 and generated total shareholder returns (TSR) of 247% over the past five years, more than triple the S&amp;P 500 TSR of 76% and far exceeding Diana\u2019s TSR of 53% over the same period;<sup>1<\/sup><\/li>\n<li>Highlights of <strong>Genco\u2019s strong and leading governance practices<\/strong>, including being the only U.S.-listed drybulk company with no related party transactions;<\/li>\n<li>Background of <strong>Genco\u2019s qualified and engaged Board of Directors<\/strong>, whose extensive industry and leadership experience are critical to the continued successful execution of the Company\u2019s low-leverage, high dividend strategy;<\/li>\n<li>Analysis of the <strong>significant risks to Genco shareholders of Diana\u2019s attempt to takeover Genco<\/strong> through an inadequate acquisition proposal and proxy fight to replace the Board; and<\/li>\n<li>Actions shareholders can take to <strong>protect their Genco investment<\/strong>.<\/li>\n<\/ul>\n<p>Genco will file its proxy statement in connection with its 2026 annual meeting of shareholders, which has not yet been scheduled, in due course. The Board of Directors recommends that shareholders disregard any proxy materials they may receive from Diana ahead of the Annual Meeting. Shareholders do not need to take any action at this time.<\/p>\n<p>Jefferies LLC is acting as financial advisor to Genco and Herbert Smith Freehills Kramer (US) LLP and Sidley Austin LLP are serving as legal counsel to Genco. Morgan Stanley &amp; Co. LLC is acting as special advisor to the Board of Directors.<\/p>\n<p>\n        <strong>About Genco Shipping &amp; Trading Limited<\/strong>\n      <\/p>\n<p>Genco Shipping &amp; Trading Limited is a U.S. based drybulk ship owning company focused on the seaborne transportation of commodities globally. We transport key cargoes such as iron ore, coal, grain, steel products, bauxite, cement, nickel ore among other commodities along worldwide shipping routes. Our wholly owned high quality, modern fleet of dry cargo vessels consists of the larger Newcastlemax and Capesize vessels (major bulk) and the medium-sized Ultramax and Supramax vessels (minor bulk), enabling us to carry a wide range of cargoes. Genco\u2019s fleet consists of 45 vessels with an average age of 12.8 years and an aggregate capacity of approximately 5,044,000 dwt.<\/p>\n<p>\n        <strong>&#8220;Safe Harbor&#8221; Statement under the Private Securities Litigation Reform Act of 1995<\/strong>\n      <\/p>\n<p>This release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements use words such as \u201canticipate,\u201d \u201cbudget,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cproject,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201cbelieve,\u201d and other words and terms of similar meaning in connection with a discussion of potential future events, circumstances or future operating or financial performance. These forward-looking statements are based on our management\u2019s current expectations and observations. Included among the factors that, in our view, could cause actual results to differ materially from the forward looking statements contained in this release are the following: (i) the Company\u2019s plans and objectives for future operations; (ii) that any transaction based on Diana\u2019s non-binding indicative proposal or otherwise may not be consummated at all; (iii) the ability of Genco and its shareholders to recognize the anticipated benefits of any such transaction; (iv) the exercise of the discretion of our Board regarding the declaration of dividends, including without limitation the amount that our Board determines to set aside for reserves under our dividend policy; and (v) other factors listed from time to time in our filings with the Securities and Exchange Commission, including, without limitation, our Annual Report on Form 10-K for the year ended December 31, 2025 and subsequent reports on Form 8-K and Form 10-Q. We do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Our ability to pay dividends in any period will depend upon various factors, including the limitations under any credit agreements to which we may be a party, applicable provisions of Marshall Islands law and the final determination by the Board of Directors each quarter after its review of our financial performance, market developments, and the best interests of the Company and its shareholders. The timing and amount of dividends, if any, could also be affected by factors affecting cash flows, results of operations, required capital expenditures, or reserves. As a result, the amount of dividends actually paid may vary.<\/p>\n<p>\n        <strong>Important Additional Information and Where to Find It<\/strong>\n      <\/p>\n<p>The Company intends to file a proxy statement on Schedule 14A, an accompanying <strong><u>WHITE<\/u><\/strong> proxy card, and other relevant documents with the U.S. Securities and Exchange Commission (the \u201cSEC\u201d) in connection with the solicitation of proxies from the Company\u2019s shareholders for the Company\u2019s 2026 Annual Meeting of Shareholders. THE COMPANY\u2019S SHAREHOLDERS ARE STRONGLY ENCOURAGED TO READ THE COMPANY\u2019S DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), THE ACCOMPANYING <strong><u>WHITE<\/u><\/strong> PROXY CARD, AND ANY OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Shareholders may obtain a free copy of the definitive proxy statement, an accompanying <strong><u>WHITE<\/u><\/strong> proxy card, any amendments or supplements to the proxy statement, and other documents that the Company files with the SEC at no charge from the SEC\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=vZZ9BLug3x4GvAkluzuPcctGAOCgSKIsHxTH6jCLlFzWi0GVwBPfr4fldqxA9tfCaHiszGgZHefpLYolB2254CyQ5BIM6UchGg3aQoWIMChHoz4EmueyjK0jRZG2UOBI-Zn2-tAScWG5xoGnMiN605V1WGR18iFuNeQ04p4A9Km6EpW8dpzSyAOs1HM8UPMiVKzqfgMm6rcXjbRp6LmMrhCfNwgZJNBOr4_HIIKkjHfdPSdynhxyojfvRHBBlaLvGddhnv9FHzcERFcLn6UfQKb6wFx7BBMXeT_W-7IxzqWVaPXZJ_qyhgN9aTM6ND9a\" rel=\"nofollow\" target=\"_blank\">www.sec.gov.<\/a>\u00a0Copies will also be available at no charge by clicking the \u201cSEC Filings\u201d link in the \u201cFinancials\u201d section of the Company\u2019s investor relations website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pmECb5NLoAZp0Z6DuWMYPyomy1p54sjge1rM3n4nInx84G4ZbuUe5qBKfI9CH6NfpufTGRitDx9H0p6KP5SKqdkr0wXDdK0_WfD3NIk2a4j_BkYGLxYJTdLWa_xKJgw2M52Ax3C8dmDFQQwElKVHKA==\" rel=\"nofollow\" target=\"_blank\">https:\/\/investors.gencoshipping.com\/<\/a>.<\/p>\n<p>\n        <strong>Certain Information Regarding Participants in the Solicitation<\/strong>\n      <\/p>\n<p>The Company, its independent directors (Paramita Das; Kathleen C. Haines; Basil G. Mavroleon; Karin Y. Orsel; and Arthur L. Regan) and certain of its executive officers (John C. Wobensmith, Chairman of the Board, Chief Executive Officer and President; Peter Allen, Chief Financial Officer; Joseph Adamo, Chief Accounting Officer; and Jesper Christensen, Chief Commercial Officer) and other employees are deemed \u201cparticipants\u201d (as defined in Schedule 14A under the Exchange Act of 1934, as amended) in the solicitation of proxies from the Company\u2019s shareholders in connection with the matters to be considered at the Company\u2019s 2026 Annual Meeting of Shareholders. Information regarding the names of the Company\u2019s directors and executive officers and certain other individuals and their respective interests in the Company, by security holdings or otherwise, is set forth in the sections entitled \u201cDirector Compensation,\u201d \u201cCompensation Discussion and Analysis,\u201d \u201cSummary Compensation Table,\u201d and \u201cSecurity Ownership of Certain Beneficial Owners and Management\u201d of the Company\u2019s Proxy Statement on Schedule 14A in connection with the 2025 Annual Meeting of Shareholders, filed with the SEC on April 9, 2025 (available <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb5bX_-nQFzEMwjKiA-eUGg4tyDGnDtr74Krae08Te8I2cIylVVyLL5ljY4HfUmIJRQuQUD4S8VqinKKsn_GOyHsH-PHl4zgj4VgtD6EyN70AZuVLtDLKlAs4Knce5KIwCAeL5X78cAmOQaE2PtJRphI=\" rel=\"nofollow\" target=\"_blank\">here<\/a>). Supplemental information regarding the participants\u2019 holdings of the Company\u2019s securities can be found in SEC filings on Statements of Change in Ownership on Form 4 filed with the SEC on May 22, 2025, June 3, 2025, August 26, 2025, November 26, 2025, and March 20, 2026 for Ms. Das (available <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBbxO-Ffy6PKmkBuyvTzl0fMiB8HV5YnO9Pjw9dVmAvnYDa9RjIzfBtG7yFzJPKF77_oTR0gpysA284KwyVYTbkCrmiUHPkaGCvVLF_Uu-A2zRg-g0hA3rjDZDqm9tJMQJ_Hxc_jq46zTGjjEJ4CX-uvc=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb38Sk0WGy5cZiC3t-lsA_t3ZV_oP7ilwuI_NNr47XRM4cOL8Ywsaiu9qBBhdjIzPqucRjUatn7jQM810h9Dir_F8h9RkE-6nsFiDFIZY_3uOv4BVgvt0jqXG8WG91tDf1Co9e0c4b6g1woRze2N5YPY=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb5o9svlKcd2gICIjbI27-fRJpx0dvuRvoH0hUcFzKwDT1ZitpXs9l2ui8B5L8AJN8hQDj8lRi-9e1QPzONtvsncHjxBCvqwpzFfvPJLyfdSluTbODQCuAH--9siS6x5IrxwtOtqXrLDU0gc7-GWraRk=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb1c0rZKAigi2CjuYSLnts3h0KyDoEmg2e5Exp4uTV-flNjF2Dhq7yDQl9E58j9aW_RY7Xk5KZhuUnoVJhGmVixg8cfHXj0d7BtUIrJkcP3wH8zpwZ6JHpMyfb4Qw2plURLCBNcHvphuLqov4N4lBPdI=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBbx2o2g-fyHuqRFS3MPhvNXr8bPu9AJR5HvgGIwUUhCnv_qMlpawGsnjXYRQ1Z2E2dC7_yWA7qRUqQrlNqJt5K8AAmUQYb1bW8rRVfw6jfmvz3AOIc7NOiO2ISrvP-VJaBRnjIxXUwQE6oT9Hh4W-qJg=\" rel=\"nofollow\" target=\"_blank\">here<\/a>); on May 22, 2025, June 3, 2025, August 26, 2025, November 12, 2025, November 26, 2025, and March 20, 2026 for Ms. Haines (available <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb6tHpBAXBvtcFtaJiAtKrglii2PbVG2Hft-ZcYCcKiyWYpN1lf1IUsozf_J5IKAIoSY1dCoNinIyBjtdKI4BMvlUYSx-44pLIkFIgOe8ntkzrAO-kTZ_-dW-EPo0RvgZkO8lBQXfLyQV9QwA1LCDdA4=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb_A4uWiUyz1aMjJn5fytLb1OI5MThQi5QEw0zwDeFT8W8dnJl1pf68-Fc8MBac2-7TTj35lEhlD_Ag5UYNnpZCn1ONImBHpLiX6vBx-mBwXvb5Yw9oEIZGy_VU0JDiib4GA-X0Pe4Pg3gw99RHQwItI=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBbxqp4H0dex8RNjrszjS36Y0_2w2ST-_LKZ9n-QKD1K-4lYNH0_3XDHDMoNEDnQCrOi-y_4HGakBPtBe7eshAUbGesdbXfTCxQzYZAya7-roQAW6NjLL3oTb-S5ViZ7r6fE-IHKL7ZNI35yCPpUrftUA=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBbxrDu3AEsf8bnIQV95Oizp19iAvineOn5YhavcGriuxF7MJ2sNt6uBu7c37lEObQR9PX2sHPycPZzYGOwifY7R0D8mm7oxqowkJjFPJKtq3HKlkH-R5Z4oXg6v0Zn4wy_scRpJDOEu-DttkyHApBjfI=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb5v5M9ch5T_U1KPG53ntkRwdkHH0mZPf1oCLFyIU__iGaxV2ObI-Z6A6k7VecsBKsnI1th1tCMycxxP0ldCCtfuPueOt4wQK4phkTbKWfCLMoQJF0qgMNIAasWRVE1B4VtKz5zB6Ga9tEzmTDvRrCGY=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb_Oqivg7azEx90onPEO4-nYLtjnqs1UxT21p9F6Sp0OLu-mFAlv7Bv8q4VEREruXU1FmZnAr5JdSRnFND5lTa917PFJoWEgzU2M8m0stiLtWcFd6HBT4BbTDbl9vY-lOjfgbyuHJWY4rb0GANE7rqO0=\" rel=\"nofollow\" target=\"_blank\">here<\/a>); May 22, 2025, June 3, 2025, August 26, 2025, November 26, 2025, and March 20, 2026 for Mr. Mavroleon (available <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb97NpUdeiuo4OLGA6hF_SqLREkPY0NqhaJEPmpUCKquIKF2wT0A7RVPsbM88pxrxjnUrvnA4ObvQTJwAaOu8906wKWrIwthEww-OgN879U01WbQpz-AMoVJL2blJnj_1QjDWxmo4TrMiBdEph58ACk0=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBbxl1GWad93HwqEAeiYZDWgcNhxX9NuMvmpLLZsp_AFpn3ZLI6xQ2lH-Uss32OUA6ong-STE4598l1-bGGWvM6upENM7XVoQ62aPhpxzRJBlphxz67loUKQNW1UPLGWXs4oEK8reH8Yb3tAs7bdH3fe8=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBbzket_5n7RDamjpwRD3cM4FKxM_TJ3eqBLBmM6zhW0XyUnZLci78UvDsq0mCkihwg_mkHP6LUM5nPQWRIF2Q-oLU3C5juwq4sG-yUAMJDGeRiFSepGiPw4QnYEeA8h657uQvQqW0IzMuMF_7bDgTs9c=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb6MitsEF7_pDmgm0wqcdX49I8capPZLXkisRJyfj80Ld-lOxHY7IvLj_dnQaGTiH2jWbz3XF02tAqKskD9HWrlYBaP_zmR1F4b-uXLt5thw6P7sadzlja68ceJlP7s7oVfw2xJ7kQ7qLJ9yPZ4E0Oo4=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb-6Op4U0m_unh53sKIcfZcl-EKK9LJgV_6ZAlqwkjK0cNd26he0bjrtep03o3tvtFriuams9mkBeHxuTeASPVxY3jumxOBS4SiFjfPhtB2-zrugPgE4gBasNlJHsvHAQunwDFNCubSULmZZETpvuZNU=\" rel=\"nofollow\" target=\"_blank\">here<\/a>); May 22, 2025, June 3, 2025, August 26, 2025, November 26, 2025, and March 20, 2026 for Ms. Orsel (available <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb7CJfmj5kX0qXlyiXVgHaM5GWOZXZji9Q1asrNPJaHoWugrJU-tcywnKPcy68v220QtU3bwQTkPXAwPCg8jqL9L2luOeAWlc8ljCMwxzMB0BQtM9EtlTmKUNuYPkxagGUy0Gj_owzwKcku3JcRpZ8sk=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb0T7c7I5t7X_K3dipIj1TEgfk0Uhuf4-_E6JNb-o-MHUzCwcM6FgOSTnf61emUWNJgfospEFj0gvgN7mRl36LiaU7uytPl3WWOym52gRCZ-sB9iN33NNzWcjZEH9k2cq2xlAUpRtTQ8aH5PekBjDjN0=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb-K7YHN_zsJ_ZgQesVkgsge0GIB-MjbHsqfHqmv9PiKRketZYjecWlmwhVBP99dZGE2nNpk3fL43oMz78r_mcVf2tXxt9W__7F4G7PCxwamveWwVfJag1-gT6O1ESR4w6jYJkxy2HmVGYmdpk49A9Oo=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb_SN8UWSxDarxUEbuNr-Pfap4_0wuu7zmxocnxuPgVtYI7Y5Tm3DCuPWRlN29wyBIT9ylrj5cNTgeyYsLB2v25M4ChT5E9l2QzeEwVoAR0UHCyUQaKLqNLhbheZ2I8npWn7snpOXccuRspTu_Lt1u-U=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb20l9l-q3QTxWtuJgvhP3t8LQ-EnCqSfXxeOf-ScpF28Rw97si_EODoeWLwLrvMmXAqNJH2x3sGXMWN0lPZW-4z4Z1Pw2NiTOt73IVy4pgmiNyRhNLPlD6VdKHPLDviSanpb_Ddxx03Gtao3AmbuGh4=\" rel=\"nofollow\" target=\"_blank\">here<\/a>); on May 22, 2025, June 3, 2025, August 26, 2025, November 26, 2025, and March 20, 2026 for Mr. Regan (available <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb_9e2Tzot3OasWK7ggPMzJgmx6tB9X6v7L4TTi3h410ud0XZpylKPJqUp5KQEEPGnbSy8tVZxCp4p4hcTpf0aCvziJSewKxcrmigp_3POTvQ75BczdwL2jvbNqJfJMAVFjj6LNZHASl9f0CecaG9JKs=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb7aeOoPHtxiUsMzf8F6UwDHNNmRwpopWvQH_Ui_lCiV3T1RPa_ZNG0792u-H2CBA08bBSpsg8H4sybTYZHbjX-Qjq6eESqCfxOzr0kB3hvavZk3qz0STWgD1vgh0c3oXITTOlWIMdKQbBia-NRLkMaU=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBbxn7k-L8LEnEPwjyyp2kQKHVMC46OYBbrsUJ7tDM7veeZePi-wPp3GQJ1mx62KACX7n_VeMlMTpzg2a2xgjVPnaqogp92L5HOOguCJiBTCZVQQTzRI1euNFQhmIy7rJnLXI--ozEtsNYOHUrLPzRmXk=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb5W4SwI_pu-NpTw9Ol1Ss7Jkk4BF3qEEp0ihzO5aeiIfMQACrke5Zz47G-VZFnlAcOjwaAC5RS9djW1qjUBMQebnvTkQJS-Nk-hwv-PiGaDxj-xdY8KSBU5VuTNFSv2a5JFyqnNI2MIyks3KLwc7ubY=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBbzf38xQS4nWQuwMtDDWEPma87AfXsQAiZkbGPZIy8HL-XlEBtMe4_h6RPNW4Jz6Tkeb7eLus8ULv7SMZV98lQVJewMQNxgmlETobDhxaxfgDe9kaWXTSSjDeGefnWbzL46FnH_MD1m7v3L9mQ-XA4D4=\" rel=\"nofollow\" target=\"_blank\">here<\/a>); on September 10, 2025, September 15, 2025, February 18, 2026, and February 23, 2026 for Mr. Wobensmith (available <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb0AlP0JzYp7jQLxytHdoyfV6Md2KpvM_1Z-4d3tcYvss1iNcKf5Yc9UGumF29s3P--eSXqaSgKrkhgdNJVXJcYKgB57B3tx0QmhUOG7wPoF8D5zwQRkGAu2hMFJ__4SaG2XUXSn4KhupYqmU6ljlqfE=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb2mPBvpd7ImpVRm-72Q1OOlKyHM1RyN7tiuCDfX0Aejfu_d_LJDDRd5wsOED67ziK1sco8nGDm1LasgFLVt59ZK0gyS8hDwprj1Z7PWu86O4m7ex4ydm_UMINWiscdcA0A4F1bgRL1_Vk0na0rEi02M=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb1gDzcIZxd0sj9wqpu7STg3d61qLL6MuF5IfgerRpjl5QFzWneHqTne4EWnHyiI71iODwGosVVUvO463auR_4_m5azFJHaitbW1KJ9eK5FpMlprss1BHn5EN_tTK0I_BZvffQuWcTzVk7eTPiSpUBmI=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb7DflxldsZw6W009dVxR72i0mLNb9-gfn3pnPQEQ5Eh4G1Nj7VgJiw5wIUQ3GkQNij4Yqqdwx018xz8wFEBt6bxK4t4r9_HXKj1zKLMcXitcHamvWS-PFIVsUmK08S6Peuqk37xguumGHta8vSrwdOg=\" rel=\"nofollow\" target=\"_blank\">here<\/a>); on February 18, 2026, and February 23, 2026 for Mr. Allen (available <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb0eubnv9ZEutIKJ1gF1fR6svo3fPHD3CyLosWHzLTfTYwUPRNARKG2xkWcLimkS9J3uVZWNZl3etiRuhGerQLrLekSK8qpdAmbkIMT32wmCmhbMC0fi0FC_oZC20w6ZunwVhX7DZv2AheqLOSqETpDA=\" rel=\"nofollow\" target=\"_blank\">here<\/a> and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb5adk--OXrJcz3H0rHQWRNgZr574Whqut7NI1I22iD7tADmKmlgwLdOpR42Xhqe4prvQh1GmySPNzVzl0TZFW5vxLu0w4vO72pkbhMNZulKjgiUIhwBXERewVx4TPWVBwMvbwQF5rA1mXjSy-r8MRiM=\" rel=\"nofollow\" target=\"_blank\">here<\/a>); on February 18, 2026, and February 23, 2026 for Mr. Adamo (available <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBbxm_V2JJlwU9cj-kyPolBmYGRAQhaS8VbJn9fWXwPFtd015-AUqG6KScXZFoa2y4ByoiEjdgMg1TYBWb-e4iYCwoII8soN4xJvFYJ4yAlYE6T7hiiZMb7qIYOHAXowqp-r7-Xr8aMsp9xfA9T_mLdEE=\" rel=\"nofollow\" target=\"_blank\">here<\/a> and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBby4HS7oZNk7_GaOkAYwpKcyWCkUk_Alcm1qB3YZ--v7dz4YBaDxZkSUAEvwZu1vXZxfV1AbXiMpnDKJEqKp0FgW-r5W3ABWitg_iAHylb_6OL0H9dO6vNOq-sIC-dlkf74zm_t0Hndop3noLXSdvp0M=\" rel=\"nofollow\" target=\"_blank\">here<\/a>); and on September 10, 2025, February 18, 2026, and February 23, 2026 for Mr. Christensen (available <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb460ZLhUR5EzupyedTgr0Xk_jMUidbH42jKzp_6Vei41gS0f9SshGf7aHDVTJjWIzEbYSDgJJPEe8H9pCbslYGojm56a750rhRTTb8uOt80oGdAi7Eu5dm8YTdhC5c11JrC6zCApepgyS_ljMLUyfJc=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb13Ujk9dVoqK_fsE7Qh87AsbhV3SXla2O5AnA7KDpRoh5LDgF4aP8QWxFuN8cFxmPKAhJi2Eta08EpcHZv730x8YObI-7fN6lc54fJ12UBsOe0z4IsnR22POJa65iIUNsja_mQHuEyPAFaloTz9K1W4=\" rel=\"nofollow\" target=\"_blank\">here<\/a>, and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Xj5ITB3HwygHPKxMe6mBb8Y32B7O-6aguYA7iseePHK6K9so6Pa1qjTmiAaGS0Sf7FMFc_vjKKC0VZtDIb-IkeXrqCSsqsWLBb0p3OnWGdobt_k8fMr78mEJjMAkiunPj2bTFWcEydnCffgUJ-GHShw3LyTTXalKS-BUSFYmN6Q=\" rel=\"nofollow\" target=\"_blank\">here<\/a>). Such filings will also be available at no charge by clicking the \u201cSEC Filings\u201d link in the \u201cFinancials\u201d section of the Company\u2019s investor relations website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=pmECb5NLoAZp0Z6DuWMYPyomy1p54sjge1rM3n4nInx84G4ZbuUe5qBKfI9CH6NfUjCNZXnc8Im36xqg5Mmx_CF6-iOFVpSVM3J4Z7sPHPTXkLqF1R8tv6eeirvULrFWP3jI1W2gJg6P__STHQkk6g==\" rel=\"nofollow\" target=\"_blank\">https:\/\/investors.gencoshipping.com\/<\/a>.<\/p>\n<p>Any subsequent updates following the date hereof to the information regarding the identity of potential participants and their direct or indirect interests, by security holdings or otherwise, will be set forth in the Company\u2019s proxy statement on Schedule 14A and other materials to be filed with the SEC in connection with the 2026 Annual Meeting of Shareholders, if and when they become available. These documents will be available free of charge as described above.<\/p>\n<p>\n        <strong>Investor Contact<\/strong>\n      <\/p>\n<p>Peter Allen<br \/>Chief Financial Officer<br \/>Genco Shipping &amp; Trading Limited<br \/>(646) 443-8550<\/p>\n<p>\n        <strong>Media Contact<\/strong>\n      <\/p>\n<p>Leon Berman<br \/>IGB Group<br \/>(212) 477-8438<br \/>lberman@igbir.com<\/p>\n<hr \/>\n<p>\n        <sup>1<\/sup> Represents total shareholder returns as of the closing price on April 2, 2026 for the past five years as per Factset.<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY4NTI0MSM3NTIyMzE1IzIwMDgxOTU=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/OTIxZTY0MGUtMzg2NC00ZTAzLTg1M2YtNTY3NTAwNDFhMjg1LTEwMTk3NjgtMjAyNi0wNC0wNy1lbg==\/tiny\/Genco-Shipping-Trading-Limited.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Learn More at\u00a0 www.GencoDrivesSuperiorReturns.com NEW YORK, April 07, 2026 (GLOBE NEWSWIRE) &#8212; Genco Shipping &amp; Trading Limited (NYSE:GNK) (\u201cGenco\u201d or the \u201cCompany\u201d), the largest U.S.-headquartered drybulk shipowner focused on the global transportation of commodities, today announced it has launched\u00a0www.GencoDrivesSuperiorReturns.com to provide shareholders with important information on Genco\u2019s comprehensive value strategy, the Company\u2019s strong corporate governance practices and the risks associated with the attempt by Diana Shipping Inc. (\u201cDiana\u201d) to take over Genco. The website provides clear and compelling information, including: Details on Genco\u2019s comprehensive value strategy, which has returned $292 million to shareholders in dividends\u00a0since April 2021 and generated total shareholder returns (TSR) of 247% over the past five years, more than triple the S&amp;P 500 TSR of 76% and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/genco-shipping-trading-launches-website-for-shareholders\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Genco Shipping &amp; Trading Launches Website for Shareholders&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-949433","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Genco Shipping &amp; Trading Launches Website for Shareholders - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/genco-shipping-trading-launches-website-for-shareholders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Genco Shipping &amp; Trading Launches Website for Shareholders - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Learn More at\u00a0 www.GencoDrivesSuperiorReturns.com NEW YORK, April 07, 2026 (GLOBE NEWSWIRE) &#8212; Genco Shipping &amp; Trading Limited (NYSE:GNK) (\u201cGenco\u201d or the \u201cCompany\u201d), the largest U.S.-headquartered drybulk shipowner focused on the global transportation of commodities, today announced it has launched\u00a0www.GencoDrivesSuperiorReturns.com to provide shareholders with important information on Genco\u2019s comprehensive value strategy, the Company\u2019s strong corporate governance practices and the risks associated with the attempt by Diana Shipping Inc. (\u201cDiana\u201d) to take over Genco. The website provides clear and compelling information, including: Details on Genco\u2019s comprehensive value strategy, which has returned $292 million to shareholders in dividends\u00a0since April 2021 and generated total shareholder returns (TSR) of 247% over the past five years, more than triple the S&amp;P 500 TSR of 76% and &hellip; Continue reading &quot;Genco Shipping &amp; Trading Launches Website for Shareholders&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/genco-shipping-trading-launches-website-for-shareholders\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-07T13:33:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY4NTI0MSM3NTIyMzE1IzIwMDgxOTU=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/genco-shipping-trading-launches-website-for-shareholders\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/genco-shipping-trading-launches-website-for-shareholders\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Genco Shipping &amp; 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Trading Launches Website for Shareholders - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/genco-shipping-trading-launches-website-for-shareholders\/","og_locale":"en_US","og_type":"article","og_title":"Genco Shipping &amp; Trading Launches Website for Shareholders - Market Newsdesk","og_description":"Learn More at\u00a0 www.GencoDrivesSuperiorReturns.com NEW YORK, April 07, 2026 (GLOBE NEWSWIRE) &#8212; Genco Shipping &amp; Trading Limited (NYSE:GNK) (\u201cGenco\u201d or the \u201cCompany\u201d), the largest U.S.-headquartered drybulk shipowner focused on the global transportation of commodities, today announced it has launched\u00a0www.GencoDrivesSuperiorReturns.com to provide shareholders with important information on Genco\u2019s comprehensive value strategy, the Company\u2019s strong corporate governance practices and the risks associated with the attempt by Diana Shipping Inc. (\u201cDiana\u201d) to take over Genco. The website provides clear and compelling information, including: Details on Genco\u2019s comprehensive value strategy, which has returned $292 million to shareholders in dividends\u00a0since April 2021 and generated total shareholder returns (TSR) of 247% over the past five years, more than triple the S&amp;P 500 TSR of 76% and &hellip; Continue reading \"Genco Shipping &amp; Trading Launches Website for Shareholders\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/genco-shipping-trading-launches-website-for-shareholders\/","og_site_name":"Market Newsdesk","article_published_time":"2026-04-07T13:33:52+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY4NTI0MSM3NTIyMzE1IzIwMDgxOTU=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/genco-shipping-trading-launches-website-for-shareholders\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/genco-shipping-trading-launches-website-for-shareholders\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Genco Shipping &amp; 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