Company Profile


Genco Shipping (GNK:NYSE)

Genco Shipping  (NYSE:GNK)

Stock data as of
10.76


Last: 10.33
Change: 10.64(1618272000%)
Vol: 359900
Open: Tue April 13, 2021 12:00 AM
Low: 0
High: -0.31
Mkt: 455.169


About Genco Shipping

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 is headquartered in New York City, New York and currently employs 1,215 full-time employees. The company went IPO on 2005-07-22. The firm is engaged in the ocean transportation of drybulk cargoes around the world through the ownership and operation of drybulk carrier vessels. As of December 31, 2016, its fleet consisted of 61 drybulk carriers, including 13 Capesize, six Panamax, four Ultramax, 21 Supramax, two Handymax and 15 Handysize drybulk carriers, with an aggregate carrying capacity of approximately 4,735,000 deadweight tons (dwt). Of the vessels in its fleet, 15 are on spot market-related time charters, and 27 are on fixed-rate time charter contracts. As of December 31, 2016, additionally, 19 of the vessels in its fleet were operating in vessel pools. Its vessels include Genco Augustus, Genco Claudius, Genco Commodus, Genco London, Baltic Lion, Genco Beauty, Genco Raptor, Genco Thunder and Genco Vigour.

Recent News

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

Mon, 12 Apr 2021 12:21:00 -0400 - 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.

Widening Suez Canal May Make Sense: Genco Shipping CEO

Mon, 29 Mar 2021 23:55:05 -0400 - Mar.29 -- John Wobensmith, chief executive officer of New York-listed Genco Shipping & Trading Ltd., which owns 41 vessels according to its website, talks about the nearly week-long saga to dislodge a giant container ship stuck in the Suez Canal, and how it's been affecting the industry.

Full steam ahead for Wall Street's shipping stocks

Fri, 12 Mar 2021 10:42:15 -0500 - After a decade of head fakes and disappointments, investors can be forgiven their skepticism toward shipping stocks. Add to that the pandemic unknowns.

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

Mon, 01 Mar 2021 17:09:00 -0500 - 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 Ltd (GNK) CEO John Wobensmith on Q4 2020 Results - Earnings Call Transcript

Thu, 25 Feb 2021 23:55:56 -0500 - Genco Shipping & Trading Ltd (GNK) CEO John Wobensmith on Q4 2020 Results - Earnings Call Transcript

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

Wed, 24 Feb 2021 20:28:10 -0500 - 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 Limited Announces Fourth Quarter Financial Results

Wed, 24 Feb 2021 16:30:00 -0500 - Completes Ultramax Acquisition and Divestiture Portion of Fleet Renewal Plan, Declares a Regular Quarterly Cash Dividend of $0.02 per Share Completes Ultramax Acquisition and Divestiture Portion of Fleet Renewal Plan, Declares a Regular Quarterly Cash Dividend of $0.02 per Share


Genco Shipping & Trading (GNK) Reports Next Week: Wall Street Expects Earnings Growth

Wed, 17 Feb 2021 13:41:37 -0500 - Genco Shipping (GNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Find Cheap Stocks Under $10 to Buy with the S&P 500 at Records

Wed, 10 Feb 2021 01:31:15 -0500 - Find Cheap Stocks Under $10 to Buy with the S&P 500 at Records

Source:StockNews