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SCHEDULE 13D/A
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0000919574-26-002215
Stake: 14.80%
Shares: 6,413,151
CUSIP: Y2685T131
Class: Common Stock, par value $0.01 per share
AI Analyst Brief
conf: low
Diana Shipping filed a 13D/A on Genco Shipping with a 6.4M share stake (~6% range), but purpose field is blank and this is Diana's first 13D/G activity in 90 days with no disclosed agenda — two dry bulk shipping peers where consolidation or a strategic push is plausible but unconfirmed. Short interest ticked up 8.3% recently, suggesting the market is not pricing in a clear catalyst.
Item 4 — Purpose of Transaction
Item 4 of the Current Schedule 13D is hereby amended and supplemented to add the following: As previously disclosed in Amendment No. 6 and Amendment No. 7, on March 6, 2026, the Reporting Person submitted an updated non-binding proposal (the "Revised Proposal") to the Issuer's Board of Directors to acquire all of the issued and outstanding Shares not already owned by the Reporting Person for cash consideration of US$23.50 per share (the "Proposed Transaction"), and on March 19, 2026, the Issuer issued a press release stating that its Board of Directors had rejected the Revised Proposal. On April 13, 2026, the Reporting Person delivered to the Issuer a draft merger agreement in respect of the Proposed Transaction (the "Proposed Merger Agreement"). A copy of the Proposed Merger Agreement is attached hereto as Exhibit N.
Cross-References
Insider Activity (last 365d)
8 transactions
6 buys · 0 sales · 2 awards/exercises
Issuer Cluster
26 13D/G filings on this issuer
25 other filings besides this one
Filer Track Record
14 filings by this filer
13 other filings in the data moat
Short Interest · settle 2026-08-31
DTC 1.44
1,022,340 shares short · +0.3% vs prior
Post-Filing Returns · since 2026-04-13 on GNK
Anchor price 23.95 on closest trading day on/after 2026-04-13. Source: Yahoo Finance daily adj_close (split + dividend adjusted).
Form 4 Insider Transactions · last 365d
| Date | Insider | Role | Type | Shares | Price | Value |
| 2026-06-18 |
Orsel Karin Y |
director |
Award |
5,545 |
— |
— |
| 2026-06-18 |
HAINES KATHLEEN C |
director |
Award |
2,054 |
— |
— |
| 2026-06-18 |
HAINES KATHLEEN C |
director |
Award |
5,545 |
— |
— |
| 2026-06-18 |
Das Paramita |
director |
Option exercise |
9,554 |
— |
— |
| 2026-06-18 |
Das Paramita |
director |
Option exercise |
9,554.27 |
— |
— |
| 2026-06-18 |
Das Paramita |
director |
Award |
5,545 |
— |
— |
| 2026-06-18 |
REGAN ARTHUR L |
director |
Award |
5,545 |
— |
— |
| 2026-06-18 |
MAVROLEON BASIL G |
director |
Award |
5,545 |
— |
— |
Other 13D/G Filings on GENCO SHIPPING & TRADING LTD
| Filed | Form | Filer | Stake | Shares | |
| 2026-09-09 |
SCHEDULE 13D/A |
DIANA SHIPPING INC. |
— |
2,383,585 |
view → |
| 2026-08-27 |
SCHEDULE 13D/A |
DIANA SHIPPING INC. |
— |
4,416,292 |
view → |
| 2026-08-25 |
SCHEDULE 13D/A |
DIANA SHIPPING INC. |
— |
5,064,548 |
view → |
| 2026-08-17 |
SCHEDULE 13D/A |
DIANA SHIPPING INC. |
— |
6,264,548 |
view → |
| 2026-08-10 |
SCHEDULE 13D/A |
DIANA SHIPPING INC. |
14.40% |
6,264,548 |
view → |
| 2026-01-13 |
SCHEDULE |
DIANA SHIPPING INC. |
14.80% |
6,413,151 |
view → |
| 2025-11-24 |
SCHEDULE |
DIANA SHIPPING INC. |
14.80% |
6,413,151 |
view → |
| 2025-09-30 |
SCHEDULE |
DIANA SHIPPING INC. |
14.93% |
6,413,151 |
view → |
| 2025-07-31 |
SCHEDULE |
DIANA SHIPPING INC. |
9.99% |
4,291,292 |
view → |
| 2024-01-10 |
SC |
GK Investor LLC |
— |
— |
view → |
| 2022-10-04 |
SC |
CCP II Cayman GP Ltd. |
— |
— |
view → |
| 2022-08-12 |
SC |
CCP II Cayman GP Ltd. |
— |
— |
view → |
| 2021-08-19 |
SC |
Centerbridge Credit Partners, L.P. |
— |
— |
view → |
| 2021-08-16 |
SC |
Centerbridge Credit Partners, L.P. |
— |
— |
view → |
| 2021-05-20 |
SC |
Centerbridge Credit Partners, L.P. |
— |
— |
view → |
| 2021-05-12 |
SC |
Centerbridge Credit Partners, L.P. |
— |
— |
view → |
| 2021-03-29 |
SC |
Centerbridge Credit Partners, L.P. |
— |
— |
view → |
| 2021-03-11 |
SC |
Apollo Management Holdings GP, LLC |
— |
— |
view → |
| 2021-02-03 |
SC |
Centerbridge Credit Partners, L.P. |
— |
— |
view → |
| 2021-01-13 |
SC |
Strategic Value Partners, LLC |
— |
— |
view → |
Showing 20 of 25
Other Filings by DIANA SHIPPING INC.
| Filed | Form | Issuer | Stake | Shares | |
| 2026-09-09 |
SCHEDULE 13D/A |
GENCO SHIPPING & TRADING LTD |
— |
2,383,585 |
view → |
| 2026-08-27 |
SCHEDULE 13D/A |
GENCO SHIPPING & TRADING LTD |
— |
4,416,292 |
view → |
| 2026-08-25 |
SCHEDULE 13D/A |
GENCO SHIPPING & TRADING LTD |
— |
5,064,548 |
view → |
| 2026-08-17 |
SCHEDULE 13D/A |
GENCO SHIPPING & TRADING LIMITED |
— |
6,264,548 |
view → |
| 2026-08-10 |
SCHEDULE 13D/A |
GENCO SHIPPING & TRADING LIMITED |
14.40% |
6,264,548 |
view → |
| 2026-01-13 |
SCHEDULE |
GENCO SHIPPING & TRADING LTD GNK |
14.80% |
6,413,151 |
view → |
| 2025-11-24 |
SCHEDULE |
GENCO SHIPPING & TRADING LTD GNK |
14.80% |
6,413,151 |
view → |
| 2025-09-30 |
SCHEDULE |
GENCO SHIPPING & TRADING LTD GNK |
14.93% |
6,413,151 |
view → |
| 2025-08-01 |
SCHEDULE |
OceanPal Inc. SVRN |
3.29% |
4,551,434 |
view → |
| 2025-07-31 |
SCHEDULE |
GENCO SHIPPING & TRADING LTD GNK |
9.99% |
4,291,292 |
view → |
| 2023-10-17 |
SC |
OceanPal Inc. SVRN |
— |
— |
view → |
| 2023-10-06 |
SC |
OceanPal Inc. SVRN |
— |
— |
view → |
| 2023-03-02 |
SC |
OceanPal Inc. SVRN |
— |
— |
view → |
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