Diana Shipping becomes one of largest Genco shareholders after acquiring stake

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Crane unloads iron ore at the harbor. Trade in raw materials. Work at a port in the Baltic Sea.

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Genco Shipping (NYSE:GNK) +2.1% in Friday's trading after disclosing it took a 7.7% equity stake in Diana Shipping (NYSE:DSX), making it one of Diana's largest shareholders alongside BlackRock and Berge Bulk.

A 13-D filing with SEC - used when an investor does

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