GNK News and Press, Genco Shipping & Trading Limited New From 01/31/24

2024-01-31 15:38:33 ET More on Eagle Bulk Shipping and Euronav Danaos: Eagle Bulk Stake Pays Off Big Amid Merger With Star Bulk, Red Sea Blockade Star Bulk Carriers And Eagle Bulk Shipping Form Dry Bulk Shipping Behemoth Frontline And Euronav Deal: Good Deal For Fron...

2024-01-27 09:00:00 ET Summary The GNK stock has been temporarily downgraded to a Hold now, with the growing optimism embedded in its stock valuations/ prices likely offering minimal returns ahead. With expenses rising and contracted TCE rates falling, it is understandable why the...

NEW YORK, Jan. 22, 2024 (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, today issued a letter to shareholders highlight...

Nominees Randee Day and Robert M. Pons Would Bring Valuable Maritime, Technology, Senior Leadership and Corporate Governance Experience to Genco Board GK Investor LLC (“ GK ”), an affiliate of George Economou that is an approximately 5.4% shareholder of Genco Shipping ...

2024-01-10 05:43:05 ET Shipping rates continue to rise steeply, while vessels face weekslong delays on account of diversions from the Red Sea around the Horn of Africa to avoid attacks by Iran-backed Houthi rebels. The average shipping costs for 40-foot containers have nearly doubled si...

2024-01-08 21:17:25 ET Summary Genco Shipping has the best balance sheet among similar-sized bulk carrier companies, with a strong liquidity position and low total debt-to-equity ratio. The company's fleet composition follows a barbell strategy, with a mix of Capesize and Ultra/Pa...

2024-01-08 09:53:51 ET More on A.P. Møller Maersk Maersk Q3: A Long-Term Winner With A Short-Term Downward Potential A.P. Møller Maersk Q3 2023 Earnings Call Transcript A.P. Møller Maersk Q3 2023 Results - Earnings Call Presentation For further...

2024-01-05 08:48:56 ET More on A.P. Møller Mærsk Maersk Q3: A Long-Term Winner With A Short-Term Downward Potential A.P. Møller Mærsk Q3 2023 Earnings Call Transcript A.P. Møller Mærsk Q3 2023 Results - Earnings Call Presentation ...

2024-01-03 20:15:50 ET More on ZIM Integrated Shipping ZIM Integrated Shipping: Fade The Houthi Induced Rally ZIM Integrated Shipping: War Fueled Short Squeeze - Will It Continue? ZIM Integrated Shipping: Solvency Is Key For Now For further details see: R...

2023-12-18 10:39:33 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Shipping stocks are up on Monday after BP (NYSE: BP ) announced that it will pause on using shipping routes that travel through the Red Sea. This announcement comes alongsid...