Diana cuts Genco stake below 10%

Diana Shipping has cut its stake in Genco Shipping & Trading below 10%, continuing a rapid unwind of the position following the collapse of its takeover attempt last month. Fresh SEC filing shows Diana sold another 275,000 Genco shares on September 1 and 2 for about $7.26m. The Athens-based owner offloaded 125,000 shares at an … Read full article →