Transports iron ore, coal, grain, steel products and other drybulk cargoes
Genco Shipping & Trading Ltd. is an international ship owning company.
It engages in transporting iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes through the ownership and operation of drybulk carrier vessels.
It operates in two segments: GS&T and Baltic Trading segment.
The GS&T segment seeks to deploy its vessels on time charters, spot market-related time charters or in vessel pools trading in the spot market.
The Baltic Trading segment seeks to deploy its vessel charters in the spot market, which represents immediate chartering of a vessel, usually for single voyages, or employing vessels on spot market related time charters.
The company was founded on September 27, 2004 and is headquartered in New York, NY.