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An announcement from Genco Shipping (GNK) is now available.
Genco Shipping & Trading Limited has estimated their first quarter TCE rate at roughly $18,900 per day, covering 92% of their fleet’s available days. This figure, which includes a scrubber premium and may be adjusted when final results are in, is based on existing period and spot fixtures. Additionally, Genco has successfully negotiated the sale of the Genco Claudius and Genco Maximus for $47 million, higher than the previous $36.5 million agreement, expecting to deliver these ships by early Q2 2024. These forward-looking statements are subject to various factors that could impact actual results.
For a thorough assessment of GNK stock, go to TipRanks’ Stock Analysis page.
