Genco Shipping & Trading and Diana Shipping intensified their public dispute following Genco’s rejection of Diana’s revised, non-binding $23.50 per-share cash proposal. On March 19, 2026, Genco’s Board unanimously rejected Diana’s offer after review by a special committee of independent directors and external advisors. The Board said the bid substantially undervalues Genco, lacks an appropriate […] The post Genco–Diana Shipping takeover clash: $23.50 offer rejected, financing disputed appeared first on Container News .