SBLK is trading at 4% up now at $25.81 after announcing it will purchase 16 Genco vessels for about $470.5 million if Diana Shipping’s hostile tender offer for Genco succeeds, backing that bid and expanding its fleet.[Hero News ID: 6a46583c42d91b40e7cdad77] Investors appear to be reacting positively to the potential accretive fleet growth and strategic positioning in dry bulk shipping, with shares rebounding from recent declines.