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.

NEW YORK, Sept. 08, 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 at the H.C. Wainwright 23rd Annual Investor Conference.

Genco Shipping & Trading Limited to Participate in the H.C. Wainwright 23rd Annual Global Investment Conference

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If you are looking for stocks that are well positioned to maintain their recent uptrend, Genco Shipping (GNK) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

What Makes Genco Shipping (GNK) a Good Fit for "Trend Investing"

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Genco Shipping & Trading Limited (GNK) CEO John Wobensmith on Q2 2021 Results - Earnings Call Transcript

Optimism surrounding the dry bulk market is a huge impetus for Genco Shipping (GNK) and is likely to have boosted its top line in Q2.

Genco Shipping (GNK) to Report Q2 Earnings: A Beat in Store?

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NEW YORK, July 15, 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 second quarter of 2021 on Thursday, August 5, 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 second quarter ended June 30, 2021 on Wednesday, August 4, 2021 after the close of market trading.

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

Genco Shipping (GNK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why the Earnings Surprise Streak Could Continue for Genco Shipping (GNK)

The company operates in the major and minor dry bulk segment, owning Ultra/Supramax and Capesize vessels.

Genco Is Positioning Itself For The Next Day In The Shipping Market

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Genco Shipping (GNK) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Here's What Could Help Genco Shipping (GNK) Maintain Its Recent Price Strength

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NEW YORK, June 17, 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 at the Sidoti Virtual Investor Conference on Thursday, June 24 at 8:30 am Eastern Time.

Genco Shipping & Trading Limited to Participate in the Sidoti Virtual Investor Conference

As of late, it has definitely been a great time to be an investor in Genco Shipping & Trading Limited (GNK).

Genco Shipping & Trading's (GNK) Shares March Higher, Can It Continue?

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NEW YORK, June 11, 2021 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), today announced that it has entered into an initial framework to jointly study the feasibility of ammonia as an alternative marine fuel as part of the objective to decarbonize the global shipping industry in-line with the targets established by the International Maritime Organization (“IMO”).

Genco Shipping & Trading Limited to Jointly Study Ammonia as an Alternative Marine Fuel

Fixed Two Additional Vessels on Period Time Charters, Securing Cash Flows at Attractive Levels Fixed Two Additional Vessels on Period Time Charters, Securing Cash Flows at Attractive Levels

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

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 suggests that there could be more strength down the road.

Genco Shipping (GNK) Moves 5.7% Higher: Will This Strength Last?

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

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