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Genco Shipping & Trading Limited Company Snapshot
Business Description:
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.
   
   
 
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Genco Shipping & Trading Limited
  Stock Performance Chart for Genco Shipping & Trading Limited
 
  Stock Data: Recent Stock Performance:
  Current Price (2/3/2012): 7.39
(Figures in U.S. Dollars)
1 Week 2.8%   13 Weeks 11.0%  
4 Weeks -14.3%   52 Weeks -39.1%  
 
Genco Shipping & Trading Limited Key Data:
  Ticker: GNK Country: UNITED STATES
  Exchanges: NAS Major Industry: Transportation
    Sub Industry: Shipping
  2010 Sales 448,687,000
(Year Ending Jan 2011).
Employees: 1,313
  Currency: U.S. Dollars Market Cap: 265,782,074
  Fiscal Yr Ends: December Shares Outstanding: 35,965,098
  Share Type: Common Closely Held Shares: 6,391,645
 
 
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