Genco Shipping & Trading Limited (GNK) Posts Smaller-than-Expected Q2 Loss

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Genco Shipping & Trading Limited Announces Second Quarter Financial Results

August 3, 2016 4:45 PM EDT

NEW YORK, Aug. 03, 2016 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) (Genco or the Company) today reported its financial results for the three and six months ended June 30, 2016.

The following financial review discusses the results for the three and six months ended June 30, 2016 and June 30, 2015.

Second Quarter 2016 and Year-to-Date Highlights

Recorded a net loss attributable to Genco Shipping & Trading Limited of $110.7 million for the... More