Genco Shipping (GNK) & Trading has agreed to acquire a 2019 Imabari built 182,000 dwt scrubber-fitted Capesize vessel with prompt delivery expected in June 2026. Genco also announced today that it has sold two 2005-built 55,000 dwt Supramax vessels, the Genco Picardy and the Genco Predator, which delivered to buyers on March 30, 2026 and April 15, 2026, respectively.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GNK:
- Genco Shipping urges shareholders to ignore Diana Shipping’s letter
- Diana Shipping urges Genco shareholders to elect its director nominees
- Genco Shipping sends letter to shareholders regarding Diana Shipping proposal
- Genco Shipping Formalizes Employee Retention Plan Disclosure Update
- Genco Shipping announces delivery of Newcastlemax vessel