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.

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Genco Shipping & Trading excels in Q4 2022 earnings call

Genco Shipping & Trading delivered robust financial results, prioritizing debt reduction, dividend sustainability, and strategic fleet management.
The company's strong performance, prudent financial decisions, and market-aligned strategies position it well for growth and value creation.
While challenges persist in market dynamics, Genco Shipping & Trading remains focused on leveraging opportunities and navigating industry trends effectively.

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.

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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. The company was founded on September 27, 2004 and is headquartered in New York, NY.

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Genco Shipping & Trading Limited (GNK) CEO John Wobensmith on Q1 2021 Results - Earnings Call Transcript

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Does Genco Shipping & Trading (GNK) have what it takes to be a top stock pick for momentum investors? Let's find out.

Genco Shipping & Trading (GNK) is a Great Momentum Stock: Should You Buy?

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Genco Shipping (GNK) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in Genco Shipping (GNK): Can Its 10.4% Jump Turn into More Strength?

NEW YORK, April 21, 2021 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco”) today announced that it has entered into an agreement to acquire a 2016-built 64,000 dwt Ultramax vessel constructed at Zhejiang Yangfan shipyard in China. The vessel, to be renamed Genco Enterprise, is expected to be delivered to Genco between May and July 2021.

Genco Shipping & Trading Limited to Acquire Modern, Fuel-Efficient Ultramax Vessel

NEW YORK, April 20, 2021 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that John C. Wobensmith, Chief Executive Officer; Apostolos Zafolias, Chief Financial Officer; and Peter Allen, Senior Vice President, Strategy & Finance, are scheduled to present to investors as part of a Global Investor Call hosted by Clarksons Platou Securities on Wednesday, April 21, 2021 at 9:00 am Eastern Time.

Genco Shipping & Trading Limited to Participate in Global Investor Call Hosted by Clarksons Platou Securities

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Genco Shipping & Trading Limited Announces New Comprehensive Value Strategy Drawing on its Robust Balance Sheet

NEW YORK, April 12, 2021 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company's results for the first quarter of 2021 on Thursday, May 6, 2021 at 9:00 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the first quarter ended March 31, 2021 on Wednesday, May 5, 2021 after the close of market trading.

Genco Shipping & Trading Limited Announces First Quarter 2021 Conference Call and Webcast

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NEW YORK, March 01, 2021 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that John C. Wobensmith, Chief Executive Officer, is scheduled to present at the 15th Annual Capital Link International Shipping Forum as part of the Dry Bulk Shipping: Sector Trends & Outlook panel on Tuesday, March 2 at 8:40 a.m. EST. Management will also be participating in 1x1 meetings with investors.

Genco Shipping & Trading Limited to Participate in Capital Link International Shipping Forum and Deutsche Bank's Shipping Summit

Genco Shipping & Trading Ltd (GNK) CEO John Wobensmith on Q4 2020 Results - Earnings Call Transcript

Genco Shipping (GNK) delivered earnings and revenue surprises of 57.14% and 6.73%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Genco Shipping & Trading (GNK) Q4 Earnings and Revenues Beat Estimates

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Leading Dry Bulk and Container Shipping Companies Presenting at Capital Link's 15th Annual International Shipping Forum Tuesday & Wednesday, March 2 & 3, 2021

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NEW YORK, Feb. 08, 2021 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that John C. Wobensmith, Chief Executive Officer, is scheduled to present at the Stifel 2021 Virtual Transportation & Logistics Conference on Wednesday, February 10 at 12:40 p.m.

Genco Shipping & Trading Limited to Participate in Stifel 2021 Transportation & Logistics Conference

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Genco Shipping & Trading (GNK) a Great Value Stock Right Now?

NEW YORK, Feb. 04, 2021 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company's results for the fourth quarter of 2020 on Thursday, February 25, 2021 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the fourth quarter ended December 31, 2020 on Wednesday, February 24, 2021 after the close of market trading.

Genco Shipping & Trading Limited Announces Fourth Quarter 2020 Conference Call and Webcast

NEW YORK, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK), the largest U.S. headquartered drybulk shipowner focused on the transportation of major and minor bulk commodities globally, announced today that it has signed The Neptune Declaration on Seafarer Wellbeing and Crew Change to address the unprecedented crew change crisis caused by COVID-19. The Neptune Declaration is a commitment signed by more than 300 leading organizations and companies from across the shipping industry to work together to support global seafarers and build a more resilient maritime supply chain.

Genco Shipping & Trading Limited Signs the Neptune Declaration on Seafarer Wellbeing and Crew Change

NEW YORK, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK), the largest U.S. headquartered drybulk shipowner focused on the transportation of major and minor bulk commodities globally, announced today that John C. Wobensmith, Chief Executive Officer, is scheduled to present at NobleCon17 - Noble Capital Markets' Seventeenth Annual Investor Conference today, Wednesday, January 20 at 10:30 a.m. Eastern Time.

Genco Shipping & Trading Limited to Participate in NobleCon17 - Noble Capital Markets' Seventeenth Annual Investor Conference

Asset Swap Transaction Grows Genco's Presence in Minor Drybulk Trades while Preserving Leadership in the Capesize Sector Asset Swap Transaction Grows Genco's Presence in Minor Drybulk Trades while Preserving Leadership in the Capesize Sector

Genco Shipping & Trading to Acquire Three Modern, Fuel-Efficient Ultramax Vessels in Exchange for Six Older Non-Core Handysize Vessels

2021 dry bulk market conditions are forecasted to be strong albeit volatile. Risk is skewed to the upside for the company's equity currency.

News for Genco Shipping & Trading Stock (GNK)