Genco Shipping & Trading Limited & Diana Shipping Inc.

Genco Shipping & Trading Limited: Genco Shipping & Trading Limited is the target of a hostile takeover attempt by Diana Shipping Inc. and is defending its current board and strategy, while also considering a counter-acquisition of Diana Shipping Inc.

Diana Shipping Inc.: Diana Shipping Inc. is attempting a hostile takeover of Genco Shipping & Trading Limited through a tender offer and proxy contest, facing resistance and accusations of self-dealing from Genco Shipping & Trading Limited.

Genco Shipping & Trading Limited: Genco Shipping & Trading Limited is the target of an unsolicited tender offer from Diana Shipping Inc., which its Board of Directors unanimously rejected, stating the offer undervalues the company.

Diana Shipping Inc.: Diana Shipping Inc. initiated an unsolicited tender offer to acquire Genco Shipping & Trading Limited, which was rejected. Diana Shipping Inc. has also nominated directors to replace Genco Shipping & Trading Limited's board.

Genco Shipping & Trading Limited: Genco Shipping & Trading Limited is the target of a hostile takeover attempt by Diana Shipping Inc. and is actively defending against it, urging shareholders to vote for its current Board of Directors.

Diana Shipping Inc.: Diana Shipping Inc. is attempting a hostile takeover of Genco Shipping & Trading Limited, making acquisition proposals and nominating its own directors, which Genco Shipping & Trading Limited claims are undervalued and misleading.