The aggregate purchase price for the sixteen-vessel acquisition is $470.5 million in cash (“Purchase Price”). The SPA is subject to (i) an agreement being entered between Diana and Genco and ...

The latest listed dry bulk shipping company consolidation tale takes a new turn with a revised offer for Genco by Diana ...

Diana Shipping (DSX) said Friday it increased its offer to acquire dry bulk shipping peer Genco Shipping & Trading (GNK), and Star Bulk Carriers (SBLK) agreed to acquire 16 of Genco's vessels if the ...

Diana Shipping Inc. DSX shares are down on Friday as the company is increasing its offer to acquire Genco Shipping & Trading ...

February typically represents a seasonal low point in dry bulk shipping markets due Chinese or Lunar New Year, which is widely celebrated across the Asian demand epicenter. But this February witnessed ...

Star Bulk Carriers Corp. specializes in global dry bulk shipping with a fleet of 155 vessels, offering a diverse range of cargo capacities. The company faces earnings volatility tied to global ...

Genco Shipping & Trading Limited (NYSE:GNK) is one of the best marine shipping stocks to buy right now. On February 19, Alliance Global Partners downgraded Genco Shipping & Trading Limited from Buy to ...

The tariff increases by the US and China in effect as of April 25 are estimated to directly affect 4% of dry bulk ton mile demand. They are expected to impact the growth of minor bulk cargo volumes, ...