Genco Shipping & Trading Limited (GNK) Misses Q1 EPS by 2c, Revenue Beats

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Genco Shipping & Trading Limited Announces First Quarter Financial Results

May 8, 2019 4:32 PM EDT

NEW YORK, May 08, 2019 (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 ended March 31, 2019.

The following financial review discusses the results for the three months ended March 31, 2019 and March 31, 2018.

First Quarter 2019 and Year-to-Date Highlights

Recorded a net loss of $7.8 million for the... More