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11 August 2026

Star Bulk walks away from Genco fleet deal

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Source reporting: Splash247

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Star Bulk walks away from Genco fleet deal

Star Bulk Carriers has pulled out of a $470. 5m agreement to acquire 16 Genco Shipping & Trading bulkers from Diana Shipping, removing a key fleet component from Diana’s long-running takeover attempt. The two Greek owners mutually terminated the sale and purchase agreement at Star Bulk’s request. The deal, signed in March, was conditional on Diana …

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