Genco Shipping takes delivery of new Capesize vessel

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Genco Shipping & Trading Limited Announces Delivery of High Specification Capesize Vessel

August 12, 2026 4:20 PM EDT

Further Expands Fleet of Premium Earning Assets, Including 20 Capesize/Newcastlemax Vessels

Highly Accretive Capesize/Newcastlemax Acquisitions Have Generated ~30% IRR and Meaningfully Contributed to Dividend Growth

NEW YORK, Aug. 12, 2026 (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 announced that it has taken delivery of the Genco Volunteer, a 2019 Imabari built 182,000 dwt scrubber-fitted Capesize vessel.

John C. Wobensmith, Chairman and Chief Executive... More