Genco Shipping & Trading Limited (GNK) Reports Q2 Loss Per Share of $0.67

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Genco Shipping & Trading Limited Announces Second Quarter Financial Results

August 4, 2015 5:01 PM EDT

NEW YORK, Aug. 4, 2015 /PRNewswire/ -- Genco Shipping & Trading Limited (NYSE: GNK) ("Genco" or the "Company") today reported its financial results for the three and six months ended June 30, 2015.

The following financial review discusses the results for the three and six months ended June 30, 2015 and June 30, 2014.

Second Quarter 2015 and Year-to-Date Highlights

Recorded a net loss attributable to Genco Shipping & Trading Limited of $40.3 million for the second quarter of 2015 Basic and diluted loss per share of $0.67;  Completed its merger with Baltic... More