Name | Value |
---|---|
Revenues | 107.0M |
Cost of Revenue | 76.8M |
Gross Profit | 30.2M |
Operating Expense | 7.9M |
Operating I/L | 22.4M |
Other Income/Expense | -2.8M |
Interest Income | 0.7M |
Pretax | 23.5M |
Income Tax Expense | 0.0M |
Net Income/Loss | 23.5M |
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.