On April 16, 2024, Genco Shipping & Trading Limited announced that it has sent a letter to shareholders, urging 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, to the Company board and vote against the GK Investor LLC nominee Robert Pons, at the annual meeting of shareholders scheduled to be held on May 23, 2024. In addition, the Company mentioned that GK Investor withdrew Randee Day?s nomination without giving a reason for doing so in his preliminary proxy materials.