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Story summary
- Star Bulk Carriers Corp. agreed, conditionally, to acquire 16 vessels from Diana Shipping Inc. for $470.5 million, pending Diana's acquisition of Genco Shipping & Trading Ltd.
- Diana Shipping raised its cash offer for Genco to $23.50 per share, from $20.60, a 31% premium.
- The deal would lift Star Bulk's fleet to 157 ships and 15.9 million deadweight tons.
- Diana Shipping secured a charter for m/v Crystalia at $16,200, effective March 11, 2026.
