Page 104 - ΝΑΥΤΙΚΑ ΧΡΟΝΙΚΑ - SEPT 2025

International

Edited by: Spilios Varelas & Pantelis Paidousis

Shipping entrepreneurship

developments

Diana Shipping acquires 10% progression, proudly acquiring its 20 th
stake in Genco vessel. This achievement underscores
According to a filing by New York- the company’s unwavering commit-
based Genco Shipping & Trading with ment to growth and excellence in the
the US Securities and Exchange Com- maritime sector.
mission, Diana Shipping has acquired Seaven’s fleet includes modern, medium-
almost 10% of the former’s shares. The sized oil and chemical tankers as well as
company, led by Ms Semiramis Paliou, cement carriers. Each vessel is double-
paid a total of around $61.7m for 4.29m hulled and outfitted with the latest
of Genco’s shares, corresponding technological advancements, ensuring
to a 9.99% stake. high standards of safety and efficiency.
Earlier, in July, Diana had acquired 7.7% Significantly, fifteen of the twenty ves-
of Genco shares (3.3 million shares). sels now operate under the Greek flag,
As a result, Diana has become the larg- reflecting the company’s dedication
est shareholder of Genco, which has to bolstering the Greek maritime com-
a fleet of more than 40 bulk carriers, munity. The fleet primarily operates
the sizes of which range from Supra- across the Mediterranean, Black Sea,
max to Capesize. and Northern Europe, serving lead-
ing oil majors and esteemed cement
SEAVEN achieves major companies. The company is a proud
milestone with acquisition member of numerous national and
of 20 vessel in fleet international organisations, including
th
Seaven Tanker & Dry Management has INTERTANKO, INTERCARGO, BIMCO,
announced a significant milestone in its the Hellenic Chamber of Greece,

102 NX