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GNK| Name | Value |
|---|---|
| Revenues | 115.5M |
| Cost of Revenue | 86.9M |
| Gross Profit | 28.6M |
| Operating Expense | 8.2M |
| Operating I/L | 20.3M |
| Other Income/Expense | -15.2M |
| Interest Income | 0.8M |
| Pretax | 5.1M |
| Income Tax Expense | -4.5M |
| Net Income/Loss | 4.9M |
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.
