Genco Shipping & Trading Limited (GNK) Tops Q1 EPS by 4c

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Genco Shipping & Trading Limited Announces First Quarter Financial Results

May 5, 2021 4:44 PM EDT

Further Steps Taken Towards Implementation of New Comprehensive Value Strategy

Increases quarterly cash dividend to $0.05 per share

NEW YORK, May 05, 2021 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) (Genco or the Company), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months ended March 31, 2021.

The following financial review discusses the results for the three months ended March 31, 2021 and March 31, 2020.

First Quarter 2021 and... More