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Stock impact report

Genco Shipping & Trading Limited Announces Further Fleet Renewal and Growth as Part of Comprehensive Value Strategy

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK) 
Last genco shipping & trading limited ordinary shares new (marshall islands) earnings: 2/25 04:30 pm Check Earnings Report
US:NYSE Investor Relations: gencoshipping.com
Company Research Source: GlobeNewswire
Divests Older, Less Fuel-Efficient Vessels and Agrees to Acquire High Specification Scrubber-Fitted Capesize Vessel Increased Exposure to Premium Earning Capesize Vessels Further Enhances Earnings Power and Dividend Capacity  NEW YORK, April 20, 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, has agreed to acquire a 2019 Imabari built 182,000 dwt scrubber-fitted Capesize vessel with prompt delivery expected in June 2026. Genco also announced today that it has sold two 2005-built 55,000 dwt Supramax vessels, the Genco Picardy and the Genco Predator, which delivered to buyers on March 30, 2026 and April 15, 2026, respectively. John C. Wobensmith, Chairman and Chief Executive Officer, commented, “We are pleased to have capitalized on the strong and liquid sale and purchase market to divest older, non-core vessels at levels above recent Show less Read more
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