Genco Shipping & Trading Limited Announces Second Quarter Financial Results
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
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US:NYSE Investor Relations:
gencoshipping.com
Company Research
Source: GlobeNewswire
NEW YORK, Aug. 07, 2019 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the transportation of major and minor bulk commodities globally, today reported its financial results for the three months and six months ended June 30, 2019. The following financial review discusses the results for the three and six months ended June 30, 2019 and June 30, 2018. Second Quarter 2019 and Year-to-Date Highlights Commenced the installation of exhaust gas cleaning systems (“scrubbers”) as part of our comprehensive IMO 2020 strategy- Four of our Capesize vessels have had scrubbers successfully installed to date, and we anticipate our remaining Capesize vessels to be scrubber-equipped by the end of 2019In August 2019, we agreed to sell the Genco Challenger, a 2003-built Handysize vessel for a gross price of $5.3 millionRecorded a net loss of $34.5 million for the second quarter of 2019- Basic and
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News
- George Economou Files Definitive Proxy Statement and Sends Letter to Genco Shareholders [Yahoo! Finance]Yahoo! Finance
- George Economou Files Definitive Proxy Statement and Sends Letter to Genco ShareholdersBusiness Wire
- Genco Shipping & Trading Limited (NYSE: GNK) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Genco Shipping & Trading Limited Files Definitive Proxy Materials and Mails Letter to Shareholders [Yahoo! Finance]Yahoo! Finance
- Genco Shipping & Trading Limited Files Definitive Proxy Materials and Mails Letter to ShareholdersGlobeNewswire
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- GNK's page on the SEC website