Security
Genco Shipping & Trading · GNKWF
GNKWFNASDAQWarrantHistorical · closed Jul 9, 2021CIK 1326200Updated Oct 6, 2026
Current security for this SEC filerGNK · NYSE
GNKWF price & chart
Historical security
This listing closed Jul 9, 2021. Live provider charts are shown only for current listings.
Current security: GNK
About the company
Genco Shipping & Trading Limited is a U.S. based drybulk ship owning company focused on the seaborne transportation of commodities globally. We transport key cargoes such as iron ore, coal, grain, steel products, bauxite, cement, nickel ore among other commodities along worldwide shipping routes. Our wholly owned high quality, modern fleet of dry cargo vessels consists of the larger Newcastlemax and Capesize vessels (major bulk) and the medium-sized Ultramax and Supramax vessels (minor bulk), enabling us to carry a wide range of cargoes. Genco’s fleet consists of 44 vessels with an average age of 12.9 years and an aggregate capacity of approximately 5,117,000 dwt:
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Recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q2 2024 | Q1 2026 | Q1 2025 | Q1 2024 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||||||
| AssetsUSD | 1,107,601,000Source | 1,044,498,000Source | 1,261,351,000Source | 1,040,250,000Source | 1,057,974,000Source | 1,251,988,000Source | 1,038,530,000Source | 1,117,806,000Source | 1,138,108,000Source | 1,056,602,000Source | 1,141,902,000Source | 1,173,866,000Source |
| Property, Plant and Equipment, NetUSD | 7,969,000Source | 7,227,000Source | 7,135,000Source | 7,524,000Source | 7,127,000Source | 6,993,000Source | 7,230,000Source | 7,211,000Source | 7,492,000Source | 7,184,000Source | 7,071,000Source | 8,556,000Source |
| Current assets: | ||||||||||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 89,951,000Source | 46,665,000Source | 73,587,000Source | 35,439,000Source | 42,033,000Source | 54,770,000Source | 30,243,000Source | 48,364,000Source | 55,540,000Source | 43,690,000Source | 46,542,000Source | 58,142,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 13,941,000Source | 20,434,000Source | 26,719,000Source | 14,094,000Source | 29,669,000Source | 20,273,000Source | 18,211,000Source | 21,888,000Source | 14,284,000Source | 21,376,000Source | 17,815,000Source | 25,333,000Source |
| Inventory, NetUSD | 21,547,000Source | 24,918,000Source | 25,549,000Source | 20,474,000Source | 24,407,000Source | 22,859,000Source | 23,337,000Source | 30,638,000Source | 25,187,000Source | 22,234,000Source | 26,749,000Source | 21,601,000Source |
| Assets, CurrentUSD | 133,262,000Source | 127,471,000Source | 136,328,000Source | 78,972,000Source | 135,920,000Source | 120,691,000Source | 81,538,000Source | 146,184,000Source | 109,064,000Source | 97,990,000Source | 157,272,000Source | 125,430,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 7,823,000Source | 10,860,000Source | 10,473,000Source | 8,650,000Source | 8,304,000Source | 14,204,000Source | 9,432,000Source | 9,076,000Source | 14,053,000Source | 10,375,000Source | 10,154,000Source | 8,399,000Source |
| Operating Lease, Right-of-Use AssetUSD | 5,351,000Source | 1,516,000Source | 5,054,000Source | 5,688,000Source | 1,889,000Source | 5,152,000Source | 6,024,000Source | 2,260,000Source | 5,251,000Source | 6,358,000Source | 2,628,000Source | 4,078,000Source |
| LIABILITIES AND EQUITY | ||||||||||||
| LiabilitiesUSD | 220,298,000Source | 112,879,000Source | 371,094,000Source | 147,208,000Source | 134,659,000Source | 365,010,000Source | 133,879,000Source | 201,176,000Source | 240,288,000Source | 128,374,000Source | 227,256,000Source | 205,557,000Source |
| Stockholders’ equity: | ||||||||||||
| Common Stock, Value, IssuedUSD | 432,000Source | 427,000Source | 436,000Source | 429,000Source | 427,000Source | 435,000Source | 429,000Source | 427,000Source | 432,000Source | 427,000Source | 425,000Source | 423,000Source |
| Retained Earnings (Accumulated Deficit)USD | -584,493,000Source | -577,393,000Source | -543,124,000Source | -583,440,000Source | -598,852,000Source | -559,773,000Source | -576,639,000Source | -622,319,000Source | -569,082,000Source | -564,716,000Source | -641,117,000Source | -628,247,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 0Source | — | — | — | — | — | — | — | 0Source | 0Source | 527,000Source | 6,480,000Source |
| Stockholders' Equity Attributable to ParentUSD | 885,890,000Source | 929,943,000Source | 888,567,000Source | 891,604,000Source | 921,754,000Source | 885,376,000Source | 903,205,000Source | 915,095,000Source | 896,484,000Source | 926,743,000Source | 913,256,000Source | 967,433,000Source |
| Additional Paid in Capital, Common StockUSD | 1,469,951,000Source | 1,506,909,000Source | 1,431,255,000Source | 1,474,615,000Source | 1,520,179,000Source | 1,444,714,000Source | 1,479,415,000Source | 1,536,987,000Source | 1,465,134,000Source | 1,491,032,000Source | 1,553,421,000Source | 1,588,777,000Source |
| Liabilities and EquityUSD | 1,107,601,000Source | 1,044,498,000Source | 1,261,351,000Source | 1,040,250,000Source | 1,057,974,000Source | 1,251,988,000Source | 1,038,530,000Source | 1,117,806,000Source | 1,138,108,000Source | 1,056,602,000Source | 1,141,902,000Source | 1,173,866,000Source |
| Current liabilities: | ||||||||||||
| Liabilities, CurrentUSD | 56,357,000Source | 41,209,000Source | 45,893,000Source | 48,547,000Source | 37,885,000Source | 40,515,000Source | 45,595,000Source | 39,300,000Source | 45,669,000Source | 40,660,000Source | 35,286,000Source | 36,540,000Source |
| Operating Lease, Liability, CurrentUSD | — | 2,386,000Source | — | 303,000Source | 2,355,000Source | — | 907,000Source | 2,325,000Source | — | 1,503,000Source | 2,295,000Source | 2,107,000Source |
| Accounts Payable, CurrentUSD | 20,307,000Source | 13,994,000Source | 22,404,000Source | 17,504,000Source | 11,525,000Source | 15,867,000Source | 16,407,000Source | 14,498,000Source | 18,642,000Source | 17,480,000Source | 10,650,000Source | 16,162,000Source |
| Operating Lease, Liability, NoncurrentUSD | 5,463,000Source | — | 5,693,000Source | 5,693,000Source | 608,000Source | 5,616,000Source | 5,616,000Source | 1,208,000Source | 5,539,000Source | 5,539,000Source | 1,801,000Source | 4,096,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 1,413,000Source | 1,676,000Source | 1,690,000Source | 1,438,000Source | 1,561,000Source | 1,602,000Source | 1,446,000Source | 1,535,000Source | 1,336,000Source | 1,485,000Source | 1,390,000Source | 876,000Source |
| Additional Financial Items | ||||||||||||
| Long-term Debt, Excluding Current MaturitiesUSD | 158,478,000Source | 71,670,000Source | 319,508,000Source | 92,968,000Source | 96,166,000Source | 318,879,000Source | 82,668,000Source | 160,668,000Source | 189,080,000Source | 82,175,000Source | 190,169,000Source | 164,921,000Source |
cash flow · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | -1,078,000Source | 21,574,000Source | 16,737,000Source | -6,809,000Source | 9,575,000Source | -11,962,000Source | -4,500,000Source | 76,496,000Source | -12,356,000Source | 159,364,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Depreciation, Depletion and AmortizationUSD | — | — | 19,298,000Source | 16,620,000Source | 22,367,000Source | 18,133,000Source | 21,038,000Source | 17,665,000Source | 76,230,000Source | 68,666,000Source | 66,465,000Source | 60,190,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | — | 1,919,000Source | 1,508,000Source | 2,245,000Source | 1,780,000Source | 1,830,000Source | 1,496,000Source | 7,046,000Source | 5,850,000Source | 5,530,000Source | 3,242,000Source |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | — | — | — | 5,989,000Source | -3,165,000Source | -7,092,000Source | 3,561,000Source | -7,518,000Source | 5,217,000Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | — | — | — | -2,328,000Source | 1,103,000Source | 2,953,000Source | -4,515,000Source | 5,148,000Source | -2,962,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | — | — | — | — | — | — | 15,692,000Source | 2,902,000Source | 31,890,000Source | 126,849,000Source | 91,784,000Source | 189,323,000Source |
| Cash flows from investing activities: | ||||||||||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | — | — | — | — | — | — | -123,317,000Source | -2,916,000Source | -91,571,000Source | 47,848,000Source | -91,624,000Source | -55,015,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | — | — | — | — | 405,000Source | 652,000Source | 3,182,000Source | 2,999,000Source | 2,707,000Source | 3,566,000Source |
| Cash flows from financing activities: | ||||||||||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | — | — | — | — | — | — | 106,855,000Source | -13,433,000Source | 71,216,000Source | -177,549,000Source | -17,403,000Source | -190,739,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | — | — | — | — | — | 22,598,000Source | 13,433,000Source | 32,807,000Source | 67,511,000Source | 40,910,000Source | 115,728,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | — | — | — | — | — | — | -770,000Source | -13,447,000Source | 11,535,000Source | -2,852,000Source | -17,243,000Source | -56,431,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | — | — | 89,951,000Source | 46,980,000Source | 73,587,000Source | 35,754,000Source | 54,770,000Source | 30,558,000Source | 55,540,000Source | 44,005,000Source | 46,857,000Source | 64,100,000Source |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | — | — | — | — | 3,898,000Source | 2,072,000Source | 10,026,000Source | 11,914,000Source | 13,626,000Source | 9,329,000Source |
| Additional Financial Items | ||||||||||||
| Amortization of Debt Issuance CostsUSD | — | — | — | — | — | — | 612,000Source | 493,000Source | 2,204,000Source | 2,006,000Source | 1,779,000Source | 1,694,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | — | — | 4,465,000Source | 1,942,000Source | — | 2,075,000Source | — | — | 16,468,000Source | — | — |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | -678,000Source | — | — | — | — | — | -678,000Source | — | — | — |
| General and Administrative ExpenseUSD | — | — | 7,584,000Source | 6,831,000Source | 7,903,000Source | 7,399,000Source | 8,109,000Source | 7,494,000Source | 30,755,000Source | 29,136,000Source | 28,268,000Source | 25,708,000Source |
| InterestExpenseNonoperatingUSD | — | — | 3,151,000Source | 2,970,000Source | 5,750,000Source | 2,558,000Source | 4,498,000Source | 2,549,000Source | 12,260,000Source | 13,297,000Source | — | — |
| Investment Income, InterestUSD | — | — | 388,000Source | 749,000Source | 605,000Source | 243,000Source | 665,000Source | 370,000Source | 1,484,000Source | 2,978,000Source | 2,667,000Source | 1,042,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -1,053,000Source | 21,459,000Source | 16,649,000Source | -6,801,000Source | 9,309,000Source | -11,923,000Source | -4,366,000Source | 76,401,000Source | -12,870,000Source | 158,576,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | -25,000Source | 115,000Source | 88,000Source | -8,000Source | 266,000Source | -39,000Source | -149,000Source | 95,000Source | 514,000Source | 788,000Source |
| Nonoperating Income (Expense)USD | — | — | -3,545,000Source | -2,460,000Source | -5,015,000Source | -2,547,000Source | -3,737,000Source | -2,192,000Source | -11,985,000Source | -10,553,000Source | -6,509,000Source | -7,874,000Source |
| Other Nonoperating Income (Expense)USD | — | — | -104,000Source | -239,000Source | 130,000Source | -232,000Source | 96,000Source | -13,000Source | -531,000Source | -234,000Source | -396,000Source | 178,000Source |
| Payments of Financing CostsUSD | — | — | — | — | — | — | 547,000Source | — | 5,977,000Source | 38,000Source | 5,493,000Source | 11,000Source |
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | —Source | —Source | — | —Source | — | — | — | — | — | — |
income statement · annual statements
| Line item | Q4 2025 | Q4 2024 | Q3 2025 | Q3 2024 | Q2 2026 | Q2 2025 | Q1 2026 | Q1 2025 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total RevenueUSD | — | — | — | — | — | — | — | — | 342,054,000Source | 423,016,000Source | 233,106,000Source | 307,147,000Source |
| Operating Income (Loss)USD | — | — | 2,467,000Source | 24,034,000Source | 21,752,000Source | -4,262,000Source | 13,312,000Source | -9,770,000Source | 7,470,000Source | 87,049,000Source | -5,847,000Source | 167,238,000Source |
| Other Nonoperating Income (Expense)USD | — | — | -104,000Source | -239,000Source | 130,000Source | -232,000Source | 96,000Source | -13,000Source | -531,000Source | -234,000Source | -396,000Source | 178,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | — | -25,000Source | 115,000Source | 88,000Source | -8,000Source | 266,000Source | -39,000Source | -149,000Source | 95,000Source | 514,000Source | 788,000Source |
| Net Income (Loss) Attributable to ParentUSD | — | — | -1,053,000Source | 21,459,000Source | 16,649,000Source | -6,801,000Source | 9,309,000Source | -11,923,000Source | -4,366,000Source | 76,401,000Source | -12,870,000Source | 158,576,000Source |
| Earnings Per Share, BasicUSD per share | — | — | -0.02Source | 0.5Source | 0.38Source | -0.16Source | 0.21Source | -0.28Source | -0.1Source | 1.77Source | -0.3Source | 3.74Source |
| Earnings Per Share, DilutedUSD per share | — | — | -0.02Source | 0.49Source | 0.37Source | -0.16Source | 0.21Source | -0.28Source | -0.1Source | 1.75Source | -0.3Source | 3.7Source |
| Weighted Average Number of Shares Outstanding, Basicshares | — | — | 43,414,340Source | 43,108,844Source | 43,872,514Source | 43,350,232Source | 43,706,069Source | 43,201,941Source | 43,373,304Source | 43,054,459Source | 42,766,262Source | 42,412,722Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | — | — | 43,414,340Source | 43,656,385Source | 44,572,591Source | 43,350,232Source | 44,411,222Source | 43,201,941Source | 43,373,304Source | 43,650,499Source | 42,766,262Source | 42,915,496Source |
| Interest Expense (non-operating)USD | — | — | 3,151,000Source | 2,970,000Source | 5,750,000Source | 2,558,000Source | 4,498,000Source | 2,549,000Source | 12,260,000Source | 13,297,000Source | — | — |
| Additional Financial Items | ||||||||||||
| Common Stock, Dividends, Per Share, DeclaredUSD per share | — | — | 0.15Source | 0.34Source | 0.35Source | 0.15Source | 0.5Source | 0.3Source | 0.75Source | 1.57Source | 0.95Source | 2.74Source |
| Costs and ExpensesUSD | — | — | 77,454,000Source | 75,298,000Source | 114,662,000Source | 85,201,000Source | 101,117,000Source | 81,039,000Source | 334,584,000Source | 335,967,000Source | 389,672,000Source | 369,696,000Source |
| General and Administrative ExpenseUSD | — | — | 7,584,000Source | 6,831,000Source | 7,903,000Source | 7,399,000Source | 8,109,000Source | 7,494,000Source | 30,755,000Source | 29,136,000Source | 28,268,000Source | 25,708,000Source |
| Interest ExpenseUSD | — | — | — | — | — | — | — | — | — | — | 8,780,000Source | 9,094,000Source |
| Investment Income, InterestUSD | — | — | 388,000Source | 749,000Source | 605,000Source | 243,000Source | 665,000Source | 370,000Source | 1,484,000Source | 2,978,000Source | 2,667,000Source | 1,042,000Source |
| Lease IncomeUSD | — | — | — | — | — | — | — | — | — | — | 150,719,000Source | 229,787,000Source |
| Nonoperating Income (Expense)USD | — | — | -3,545,000Source | -2,460,000Source | -5,015,000Source | -2,547,000Source | -3,737,000Source | -2,192,000Source | -11,985,000Source | -10,553,000Source | -6,509,000Source | -7,874,000Source |
| Other Cost and Expense, OperatingUSD | — | — | — | — | 13,052,000Source | — | 3,826,000Source | — | 1,930,000Source | 5,728,000Source | — | — |
| Total Revenue | — | — | —Source | —Source | —Source | —Source | —Source | —Source | — | — | — | — |
Filing attachments
ef20084815_ex99-1.htm · 8-K · 2026-11-04
Exhibit 99.1 GENCO SHIPPING & TRADING LIMITED ANNOUNCES Q3 2026 FINANCIAL RESULTS Declares Record Dividend of $1.05 per Share for Q3 2026 Projects Another Dividend of Greater Than $1 Per Share in Q4 2026 New York, New York, November 4, 2026 - Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months and nine months ende…
Read attachment ↗ef20082696_ex4-1.htm · 8-K · 2026-09-25
Exhibit 4.1 FOURTH AMENDMENT TO SHAREHOLDERS RIGHTS AGREEMENT This Fourth Amendment to Shareholders Rights Agreement (this “Amendment”) is made and entered into as of September 25, 2026, by and between Genco Shipping & Trading Limited, a Marshall Islands corporation (the “Company”), and Computershare Inc., a Delaware corporation, as rights agent (the “Rights Agent”). WHEREAS, the Company and the Rights Agent entered into that certain Shareholders Rights Agreement, dated as of October 1, 2025…
Read attachment ↗ef20079211_ex99-1.htm · 8-K · 2026-08-05
EX-99.1 2 ef20079211_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 GENCO SHIPPING & TRADING LIMITED ANNOUNCES Q2 2026 FINANCIAL RESULTS Declares Dividend of $0.80 per Share for Q2 2026, a Record Value Strategy Dividend Projects Another Record Dividend in Q3 2026 New York, New York, August 5, 2026 - Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financi…
Read attachment ↗ef20077529_ex107.htm · S-8 · 2026-07-10
Exhibit 107 Calculation of Filing Fee Table Form S-8 (Form Type) Genco Shipping & Trading Limited (Exact Name of Registrant as Specified in its Charter) Table 1: Newly Registered Securities Security Type Security Class Title Fee Calculation Rule Amount Registered Proposed Maximum Offering Maximum Aggregate Fee Rate Amount of Registration Fee …
Read attachment ↗ef20075333_ex4-1.htm · 8-K · 2026-06-02
EX-4.1 2 ef20075333_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 THIRD AMENDMENT TO SHAREHOLDERS RIGHTS AGREEMENT This Third Amendment to Shareholders Rights Agreement (this “Amendment”) is made and entered into as of June 2, 2026, by and between Genco Shipping & Trading Limited, a Marshall Islands corporation (the “Company”), and Computershare Inc., a Delaware corporation, as rights agent (the “Rights Agent”). WHEREAS, the Company and the Rights Agent entered into that certain Shareholders Rights …
Read attachment ↗ef20072625_ex99-1.htm · 8-K · 2026-05-06
EX-99.1 2 ef20072625_ex99-1.htm EXHIBIT 99.1 Exhibit 99.1 GENCO SHIPPING & TRADING LIMITED ANNOUNCES Q1 2026 FINANCIAL RESULTS Declares Dividend of $0.35 per Share for Q1 2026, Marking 133% Increase Year-Over-Year and 27th Consecutive Quarterly Dividend Expects Significantly Higher Q2 2026 Dividend High Specification Scrubber-Fitted Capesize Vessel Expected to Deliver in Q2 2026, Further Enhancing Earnings Power and Dividend Capacity New York, New York, May 6, 2026 - Genco Shipping & T…
Read attachment ↗