Diana Shipping Inc. Highlights Decline in Genco Shipping & Trading Fleet Values and Urges Board to Act Before Further Value is Eroded
Diana Shipping Inc., a major shareholder of Genco Shipping & Trading, publicly disputes Genco's recent fleet valuation claims, highlighting a decline in vessel values per VesselsValue data contrary to Genco's use of more favorable independent broker estimates. Diana urges Genco's board to engage promptly to prevent further shareholder value erosion…