Shipping & Freight #shipping#bulk carriers
Star Bulk walks away from $470.5m Genco fleet deal
Star Bulk Carriers has terminated its $470.5m agreement to acquire 16 Genco Shipping & Trading bulkers from Diana Shipping, according to Splash247. The move removes a key fleet component from Diana's takeover bid, though Diana said its offer and $1.411bn financing remain unaffected.
Aug 11, 2026 1 source