On April 11, 2024, Genco Shipping & Trading Limited announced that it has filed a preliminary proxy statement soliciting proxies and urged the shareholders to vote for its board nominees: James G. Dolphin, Paramita Das, Kathleen C. Haines, Basil G. Mavroleon, Karin Y. Orsel, Arthur L. Regan, and John C. Wobensmith at its annual general meeting of shareholders. The Company also urged the shareholders to withhold votes for GK Investor nominees and vote against GK Investor proposal to repeal each provision and amendment of Genco?s By-Laws that were adopted without the approval of Genco?s shareholders subsequent to March 28, 2023.