Genco Shipping & Trading Limited (GNK) Misses Q4 EPS by 7c

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Genco Shipping & Trading Limited Announces Fourth Quarter Financial Results

March 10, 2016 4:45 PM EST

NEW YORK, March 10, 2016 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) (Genco or the Company) today reported its financial results for the three and twelve months ended December 31, 2015.

The following financial review discusses the results for the three and twelve months ended December 31, 2015 and December 31, 2014.

Fourth Quarter 2015 and Year-to-Date Highlights

Recorded a net loss attributable to Genco Shipping & Trading Limited of $49.5 million for the fourth quarter of 2015... More