Diana Shipping has announced plans to nominate six director candidates to the board of Genco Shipping & Trading. The move follows Genco’s rejection of Diana’s $20.60-per-share cash offer to acquire the shares it does not already own. Diana owns about 14.8% of Genco and is its largest shareholder. The company said Genco’s board failed to […] The post Diana Shipping moves to reshape Genco Board as takeover dispute escalates appeared first on Container News .