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GNK| Name | Value |
|---|---|
| Revenues | 83.4M |
| Cost of Revenue | 78.1M |
| Gross Profit | 5.3M |
| Operating Expense | 7.6M |
| Operating I/L | -30.4M |
| Other Income/Expense | -28.2M |
| Interest Income | 0.6M |
| Pretax | -31.9M |
| Income Tax Expense | 2.0M |
| Net Income/Loss | -32.0M |
Genco Shipping & Trading Limited and its subsidiaries specialize in global ocean transportation of dry bulk cargoes. The company owns and operates a fleet of 44 dry bulk carrier vessels, including Capesize, Ultramax, and Supramax vessels, with a combined capacity of approximately 4,636,000 deadweight tons. Their vessels transport a range of dry-bulk cargoes such as iron ore, coal, grains, and steel products. Genco charters its vessels to various entities, including commodities traders, producers, and government-owned organizations, generating revenue through vessel chartering for the transportation of dry bulk cargoes worldwide.
