today announced it has reached an agreement to sell the Genco Glory, a 1984-built Handymax vessel to Cloud Maritime S.A. for $13.15 million less a 1% brokerage commission payable to a third party.
Genco's strategic capital management, including vessel acquisitions during low BDI periods, demonstrates strong operational foresight and resilience. Trade tariffs pose risks, but Genco's ...
today announced that it has taken delivery of the Genco Commander, a 1994-built Handymax vessel, and the Genco Acheron, a 1999-built Panamax vessel. The Company has commenced a previously ...
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Is Genco Shipping & Trading (GNK) One of the Best Marine Shipping Stocks to Buy According to Analysts?Upside Potential: 66.45% Number of Hedge Fund Investors: 22 Genco Shipping & Trading Limited (NYSE:GNK) is a leading dry bulk shipping company, operating a diversified fleet of vessels to ...
“Freight rates in March 2025 to date have increased meaningfully, particularly for capesize vessels, relative to levels seen ...
Growth: Acquired the Genco Intrepid, a high specification 2016-built 180,000 dwt Capesize vessel that delivered in October 2024 Financial performance: Net income of $12.7 million for Q4 2024 ...
U.S. proposals to hit Chinese vessels with high port fees would have a major impact on all firms in a container shipping… Fuel choices are among the most direct means that operators can use to ...
EBITDA represents net income (loss) attributable to Genco Shipping & Trading Limited ... Average number of vessels is the number of vessels that constituted our fleet for the relevant period ...
The actual market value of our vessels may vary. Acquired the Genco Intrepid, a 2016-built 180,000 dwt Capesize vessel, for $47.5 million constructed at Dalian Shipbuilding in China. We took ...
Growth: Acquired the Genco Intrepid, a high specification 2016-built 180,000 dwt Capesize vessel that delivered in October 2024 Financial performance: Net income of $12.7 million for Q4 2024, or basic ...
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