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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 31)*
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GENCO SHIPPING & TRADING LIMITED (Name of Issuer) |
Common Stock, par value $0.01 per share (Title of Class of Securities) |
(CUSIP Number) |
Mr. Ioannis Zafirakis Pendelis 16, Palaio Faliro, Athens, J3, 175 64 30-210-947-0100 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
08/10/2026 (Date of Event Which Requires Filing of This Statement) |
SCHEDULE 13D
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| CUSIP No. |
| 1 |
Name of reporting person
Diana Shipping Inc. | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b) | ||||||||
| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
BK, WC | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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| 6 | Citizenship or place of organization
MARSHALL ISLANDS
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 11 | Aggregate amount beneficially owned by each reporting person
6,264,548.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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| 13 | Percent of class represented by amount in Row (11)
14.4 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
CO |
SCHEDULE 13D
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| Item 1. | Security and Issuer | |
| (a) | Title of Class of Securities:
Common Stock, par value $0.01 per share | |
| (b) | Name of Issuer:
GENCO SHIPPING & TRADING LIMITED | |
| (c) | Address of Issuer's Principal Executive Offices:
299 PARK AVENUE, 12TH FLOOR, New York,
NEW YORK
, 10171. | |
Item 1 Comment:
This Amendment No. 31 (this "Amendment") amends and supplements, to the extent set forth herein, the statement on Schedule 13D originally filed by Diana Shipping Inc. ("Diana" or the "Reporting Person") with the Securities and Exchange Commission (the "SEC") on July 17, 2025 (and amended on July 31, 2025, September 30, 2025, November 24, 2025, January 13, 2026, January 16, 2026, March 10, 2026, March 23, 2026, April 13, 2026, May 4, 2026, May 7, 2026, May 12, 2026, May 18, 2026, May 19, 2026, May 27, 2026, May 28, 2026, June 1, 2026, June 2, 2026, June 4, 2026, June 8, 2026, June 11, 2026, June 12, 2026, June 15, 2026, June 16, 2026, June 17, 2026, June 18, 2026, June 29, 2026, June 30, 2026, July 8, 2026, July 13, 2026, and July 27, 2026) in respect of the Common Shares of the Company. Except as expressly provided herein, this Amendment does not modify the information previously reported on the Current Schedule 13D. Capitalized terms not otherwise defined in this Amendment shall have the meaning ascribed to them in the Current Schedule 13D. This Amendment relates to the shares of common stock (the "Shares"), par value $0.01 per share, of Genco Shipping & Trading Limited, a Marshall Islands corporation (the "Issuer"). | ||
| Item 3. | Source and Amount of Funds or Other Consideration | |
Item 3 of the Current Schedule 13D is hereby amended and supplemented to add the following:
The information set forth in Item 4 of this Amendment is incorporated herein by reference in its entirety. | ||
| 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, on March 6, 2026, Reporting Person entered into a definitive agreement with Star Bulk Carriers Corp. ("Star Bulk" and the "Star Bulk Agreement") (Nasdaq: SBLK) for Star Bulk to acquire 16 vessels of the Issuer for $470.5 million cash upon, and subject to, the consummation of a transaction providing for the Reporting Person's acquisition of all of the issued and outstanding Shares not already owned by the Reporting Person. Effective as of August 10, 2026, the Star Bulk Agreement was terminated with no further commitments or obligations on the part of the Reporting Person or Star Bulk. A termination letter is attached as Exhibit A to this Amendment. | ||
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer | |
Item 6 of the Current Schedule 13D is hereby amended and supplemented to add the following:
The description set forth in Item 4 of this Amendment is incorporated herein by reference in its entirety. | ||
| Item 7. | Material to be Filed as Exhibits. | |
Exhibit A: Termination Letter, dated August 10, 2026, submitted by the Reporting Person to Star Bulk.
Exhibit B: Joint Press Release, dated August 10, 2026, issued by the Reporting Person and Star Bulk. | ||
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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