Industry
Diana Shipping Sells $32m of Genco Stock After Takeover Bid Collapses
Diana Shipping has sold 1.2m Genco Shipping & Trading shares for just over $32m following the collapse of its nine-month takeover campaign, cutting its stake to 11.62%.
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Vessel sales
Star Bulk Walks Away From 470 Million Dollar Genco Fleet Deal
Star Bulk has terminated its 470.5 million dollar agreement to buy sixteen bulk carriers, removing a central component from a long-running takeover attempt by another Greek owner.
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Industry
Diana keeps pressure on Genco with tender extension
Diana Shipping has extended its hostile $27.34-per-share tender offer for Genco Shipping & Trading to July 18, prolonging a closely watched dry bulk takeover battle.
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