Genco Shipping & Trading

Genco Shipping & Trading Ltd. is an international ship owning company, which engages in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It operates through the ocean transportation of drybulk cargoes worldwide through the ownership and operation of drybulk carrier vessels segment. The company was founded on September 27, 2004 and is headquartered in New York, NY.

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Earnings data Q1 2026

Genco Shipping & Trading posts solid Q1 results amid market optimism

Genco Shipping & Trading delivered strong financial performance in Q1 2023, with a positive outlook for the drybulk market.
The company's focus on debt reduction, dividend payments, and market dynamics positions it well for future growth.
While challenges like market uncertainties persist, Genco's strategic initiatives and market expertise offer avenues for success.

Genco Shipping & Trading reports robust Q2 earnings and strategic growth plans

Genco Shipping & Trading's Q2 2023 performance reflects financial strength and operational resilience, supported by a robust cash position and sustainable dividend policy. While facing challenges such as debt obligations and market uncertainties, the company is well-positioned to leverage market opportunities and enhance operational efficiency.

Genco Shipping & Trading Limited reports Q3 loss, focuses on sustainability and growth opportunities

Genco Shipping & Trading Limited's Q3 2023 performance reflects a net loss, but the company remains committed to returning capital to shareholders and enhancing its borrowing capacity. The acquisition of the Genco Ranger and participation in emissions reduction initiatives position Genco for potential improvements in Q4. However, the company faces challenges in achieving financial stability and managing its debt.

Genco Shipping & Trading reports stellar Q4 performance and strategic growth outlook

Genco Shipping & Trading's Q4 performance reflects robust growth and operational efficiency, supported by strategic initiatives and a strong financial position. While challenges exist in the industry's volatility, the company's focus on value creation and fleet optimization presents opportunities for sustained success.

Genco Shipping & Trading reports robust Q3 earnings and growth strategies

Genco Shipping & Trading delivered strong financial performance in Q3 2024, with notable achievements in fleet growth, earnings power, and shareholder returns. The company's focus on efficiency, financial strength, and market opportunities positions it well for future growth and success.

Genco Shipping & Trading reports strong Q4 earnings and growth strategies

Genco Shipping & Trading delivered a robust performance in Q4 2024, focusing on earnings growth and shareholder value. The company showcased financial strength with solid EBITDA, increased distributions, and prudent debt management. Opportunities lie in leveraging market insights, financial flexibility, and strategic initiatives for sustained growth and profitability.

Genco Shipping & Trading reports solid Q2 performance and growth opportunities

Genco Shipping & Trading's Q2 performance reflects a balanced approach to capital allocation and operational efficiency. While facing challenges from market volatility, the company's focus on growth opportunities and financial prudence bodes well for its future. Investors can be optimistic about Genco's strategic initiatives, strong corporate governance, and potential for revenue expansion in key drybulk trades.

Genco Shipping declares dividends, anticipates strong Q4 performance

Genco Shipping & Trading demonstrated resilience with consistent dividend payouts and a positive Q4 outlook. Despite challenges like a net loss in Q3, the company's strong financial position and strategic focus on value creation are notable. Opportunities lie in leveraging market conditions for growth and optimizing operational efficiency for enhanced profitability.

Genco Shipping & Trading reports record Q4 performance and growth outlook

Genco Shipping & Trading delivered strong financial performance in Q4 2025. With a diverse fleet and solid financials, Genco is well-positioned for growth. While facing industry challenges, the company remains focused on value creation. Opportunities for expansion and strategic investments lie ahead for Genco.

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Genco Shipping & Trading Ltd. is an international ship owning company, which engages in the transportation of iron ore, coal, grain, bauxite, steel products, and other drybulk cargoes. It operates through the Major Bulk and Minor Bulk segments. The Major Bulk segment focuses on Capesize vessels. The Minor Bulk segment consists of Ultramax and Supramax vessels. The company was founded on September 27, 2004 and is headquartered in New York, NY.