Evermore Global Advisors has taken an interest in Genco Shipping & Trading, having bought more than two million shares as of last year's close.

The US-based financial services firm holds a 5.3% stake in the bulker owner, according to a filing with the Securities and Exchange Commission (SEC).

The SEC requires investors who take an at least 5% position in a listed company to enter a public filing.

Evermore on 31 December acquired 2.22m common shares of John Wobensmith-led Genco, which has 41.8m