Genco Shipping & Trading Limited operates in the Deep sea foreign trans. of freight sector. Genco Shipping & Trading Limited (GS&T) is engaged in transporting iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. As of March 9, 2011, the Company's fleet consists of 49 drybulk carriers, including nine Capesize, eight Panamax, 16 Supramax, six Handymax and ten Handysize drybulk carriers, with an aggregate carrying capacity of approximately 3,649,000 deadweight (dwt). As of December 31, 2010, the majority of the vessels in its fleet was on time charter contracts, and had an average remaining life of approximately 9.7 months as of December 31, 2010. As of December 31, 2010, the Company's wholly owned subsidiary Genco Investments LLC owned 25.24% ownership interest in Baltic Trading. In November 2011, the Company completes acquisition of five Handy size vessels. In
our complete report available for purchase the company is compared to: Hornbeck Offshore Services, Incorporated, General Maritime Corporation New and International Shipholding Corporation.