Diana Shipping Inc. (“Diana”), a global dry bulk shipping company, issued a statement following the response from the Board of Directors of Genco Shipping & Trading Limited (“Genco”). Firstly, Diana owns approximately 14.8% of Genco’s outstanding common shares. The Company confirmed it received a letter from Genco’s Board rejecting Diana’s non-binding proposal to acquire all […] The post Update – Diana Shipping responds to Genco’s rejection of acquisition proposal appeared first on Container News .