Genco Shipping & Trading Limited (GNK) Tops Q3 EPS by 4c

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Genco Shipping & Trading Limited Announces Third Quarter Financial Results

November 7, 2018 4:30 PM EST

Completed Acquisitions of Six High Specification, Fuel Efficient Capesize and Ultramax Vessels

Entered into a $108 Million Credit Facility with Favorable Terms

NEW YORK, Nov. 07, 2018 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) (Genco or the Company), the largest U.S. headquartered drybulk shipowner focused on the transportation of major and minor bulk commodities globally, today reported its financial results for the three months and nine months ended September 30, 2018.

The following financial review discusses the results for the three and nine months... More