{"filings":[{"id":2080997,"accession_number":"0001140361-26-031442","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2026-08-05T21:01:58+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco Q2 net income $16.6M, dividend $0.80/share (+433% YoY); projects Q3 dividend >$1","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net income $16.6M ($0.38 basic EPS) vs net loss $6.8M in Q2 2025; adjusted net income $29.2M ($0.67 adjusted EPS).","Voyage revenues $136.4M, up 69% YoY; average TCE $24,273/day vs $13,631/day.","Adjusted EBITDA $56.7M, up 297% YoY; net loan-to-value 18% at June 30, 2026.","Declared Q2 dividend $0.80/share (payable Aug 24, record Aug 17); projects Q3 dividend >$1/share.","Acquiring Genco Volunteer (Capesize) for delivery Aug 2026; drew $50M on revolver; pro forma debt $380M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1223079,"accession_number":"0001140361-26-026099","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2026-06-23T20:30:30+00:00","items":["5.07","9.01"],"status":"ready","headline":"Genco shareholders elect directors, approve equity plan, reject strategic alternatives proposal","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Elected 6 director nominees; highest votes for Arthur Regan (24.96M for), lowest for Paul Cornell (8.23M for).","Advisory say-on-pay approved with 22.23M for (66.7%) vs 10.87M against.","Amendment to 2015 Equity Incentive Plan (increase by 1.67M shares) approved with 19.59M for (59.1%).","Shareholders ratified Deloitte as auditor (33.02M for, 94.9%) and ratified Shareholder Rights Agreement (17.98M for).","Two shareholder proposals rejected: bylaw repeal (9.72M for, 29.3%) and strategic alternatives (8.90M for, 26.8%)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":787004,"accession_number":"0001140361-26-023619","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2026-06-02T10:01:31+00:00","items":["1.01","3.03","9.01"],"status":"ready","headline":"Genco Shipping amends shareholder rights plan, eliminates 'Acting in Concert' definition","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["On June 2, 2026, Genco entered a Third Amendment to its Shareholder Rights Agreement (poison pill) removing the 'Acting in Concert' definition.","Elimination based on shareholder feedback; other concerted-activity protections (e.g., 13d-5(b)(1) group formation) remain unchanged.","Rights Agreement still aims to prevent open-market accumulation or control without paying all shareholders a control premium.","Board states amendment does not deter consideration of fair offers and does not prevent fulfilling fiduciary duties.","Amendment effective June 2, 2026; full text filed as Exhibit 4.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92139,"accession_number":"0001140361-26-019316","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco Q1 net income $9.3M; dividend $0.35/share, up 133% YoY; Q2 dividend projected $0.70/share","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 net income $9.3M ($0.21 EPS); adjusted net income $11.3M ($0.26 adj. EPS).","Voyage revenues $114.4M (up 60% YoY); fleet TCE $19,346/day (up 63% YoY).","Declared $0.35/share dividend for Q1, payable May 26; Q2 projected $0.70/share based on current fixtures.","Acquired two Newcastlemax vessels (Mar 2026); agreed to buy 2019-built Capesize for $65M; sold two Supramaxes for $21.2M.","Refinanced revolver to $680M; net debt low with 20% loan-to-value; liquidity $404.8M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":114429000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92138,"accession_number":"0001140361-26-018601","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2026-05-01T23:59:59+00:00","items":["1.01","3.03","9.01"],"status":"ready","headline":"Genco Shipping amends poison pill, raising ownership trigger to 15% for all shareholders","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Second Amendment to Shareholder Rights Agreement dated May 1, 2026 rescinds the earlier First Amendment.","Beneficial ownership threshold to become an Acquiring Person raised to 15% for all shareholders.","Board acted based on shareholder feedback; Rights Agreement otherwise remains in full force and effect."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102744,"accession_number":"0001140361-26-011782","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2026-03-27T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Genco Shipping files Employee Retention Plan with severance upon change in control","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Plan covers Tier 1, 2, 3 employees; severance triggered by qualifying termination after a Change in Control.","Tier 1: lump sum of CIC Severance Multiple times base salary plus avg bonus; vesting acceleration; COBRA; outplacement.","Tier 2: similar benefits but COBRA Payment capped; outplacement capped at $25,000.","Tier 3 benefits set in individual Participation Agreements; all must sign release to receive payments.","Plan supersedes prior severance arrangements; automatically renews daily unless Committee terminates."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102743,"accession_number":"0001140361-26-008085","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2026-03-05T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Genco Shipping upsizes credit facility by $80M to $680M to fund vessel acquisitions","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolving credit facility increased from $600M to $680M via sixth amendment effective Feb 27, 2026.","Proceeds will partially finance two previously disclosed Newcastlemax vessels.","Lenders include Nordea Bank Abp, Skandinaviska Enskilda Banken, DNB Capital, ING Capital, and First-Citizens Bank.","Amendment utilizes accordion feature; vessels serve as additional collateral.","No default or event of default on the effective date per officer's certificate."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102742,"accession_number":"0001140361-26-005832","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2026-02-17T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco declares $0.50/share Q4 dividend; Q4 adj. EBITDA $42M, highest since 2022","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Declared $0.50/share dividend for Q4 2025, highest since Q4 2022; payable March 18, 2026, record March 11, 2026.","Q4 2025 adjusted EBITDA $42.0M, highest quarterly since Q4 2022; TCE $20,064/day, best since Q3 2022.","Agreed to acquire two 2020-built Newcastlemax vessels for $145.5M total; delivery expected in March 2026.","Estimated Q1 2026 TCE to date $17,966 for 80% of owned fleet available days, up over 50% YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":342054000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":102741,"accession_number":"0001140361-26-005186","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2026-02-13T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Genco Shipping adopts Employee Retention Plan with double-trigger severance for key executives","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Plan approved Feb 13, 2026 by Board on Compensation Committee recommendation.","Severance triggered only by involuntary termination or resignation for good reason within 2 years after a Change in Control.","For CEO Wobensmith, CFO Allen, CCO Christensen, and CAO Adamo, severance formulas mirror existing employment/equity agreements.","Other employees receive base salary payout, prorated bonus, accelerated equity vesting (performance RSUs at target), medical benefits, outplacement.","Named executives subject to non-competition and non-solicitation covenants for 6-12 months post-termination."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118976,"accession_number":"0001140361-25-044558","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2025-12-05T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Genco Shipping estimates Q4 2025 TCE at approx $20,000/day for 95% of available days","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimated TCE ~$20,000/day for ~95% of owned available days in Q4 2025.","Total owned fleet available days estimated at ~3,830 for Q4 2025.","Capesize fleet entirely spot/index; eight Capesizes expected open in December.","Revenue from certain Q4 voyages may be recognized in Q1 2026 due to ballast periods."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118975,"accession_number":"0001140361-25-041418","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2025-11-10T23:59:59+00:00","items":["1.01","3.03","9.01"],"status":"ready","headline":"Genco Shipping amends poison pill to 10% trigger; grandfathers Diana Shipping","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Acquiring Person threshold reduced to 10% (15% for 13G filers).","Diana Shipping grandfathered at ~15% ownership; loses status if exceeds 15% or buys after a drop to 10%+.","Board cites rapid accumulation by a competitor (Diana Shipping) as rationale.","Amendment preserves existing rights plan structure; no other material changes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118974,"accession_number":"0001140361-25-040550","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2025-11-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco posts Q3 net loss $1.1M, declares $0.15/share dividend; Q4 TCE estimate >$20k","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss $1.1M ($0.02/sh) vs net income $21.5M ($0.50/sh) in Q3 2024; adjusted net loss $0.4M.","Revenue fell to $79.9M from $99.3M; fleet TCE dropped to $15,959/day from $19,260/day.","Declared $0.15/share dividend (25th consecutive), payable Nov 24; cumulative dividends $7.065/share.","Acquired 2020-built Capesize Genco Courageous for $63.6M in Oct 2025.","Q4 2025 TCE to date estimated $20,101/day for 72% of owned fleet days; Capesize at $27,077/day."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.46,"consensus_revenue_estimate":null,"consensus_revenue_actual":232130000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":118973,"accession_number":"0001140361-25-036920","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2025-10-01T23:59:59+00:00","items":["1.01","3.03","5.03","7.01","9.01"],"status":"ready","headline":"Genco Shipping adopts one-year shareholder rights plan expiring Sep 30, 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Rights plan triggers at 15% beneficial ownership; exercise price $107 per right.","Flip-in provision: holders (excluding acquiring person) can buy shares worth 2x exercise price.","Board may redeem rights for $0.001 each prior to trigger; no shareholder vote required for adoption.","Rights dividend payable Oct 13, 2025 to shareholders of record; one right per common share.","Plan similar to other public companies; intended to prevent coercive takeover tactics."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":135520,"accession_number":"0001140361-25-033218","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2025-08-28T23:59:59+00:00","items":["5.02","5.03","8.01","9.01"],"status":"ready","headline":"Chairman Dolphin resigns; CEO Wobensmith appointed Chairman, new Lead Independent Director named","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["James G. Dolphin resigned as Chairman and Board member on Aug 26, 2025; no disagreement over strategy/operations.","CEO John C. Wobensmith appointed additional role of Chairman of the Board effective Aug 26.","Kathleen C. Haines appointed as Lead Independent Director under newly adopted charter.","Bylaws amended to allow Lead Independent Director to call special board meetings.","Arthur L. Regan appointed Chair of Nominating and Corporate Governance Committee; Basil G. Mavroleon added to Audit Committee."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":135519,"accession_number":"0001140361-25-029174","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco Q2 net loss $6.8M; declares $0.15 dividend; acquires Capesize for $63.6M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net loss of $6.8M ($0.16/sh) vs net income of $23.5M ($0.54/sh) year ago; revenue down 24% to $80.9M.","Declared $0.15/sh dividend for Q2, 24th consecutive quarterly payout; record date Aug 18, payable Aug 25.","Agreed to buy a 2020-built scrubber-fitted Capesize (Genco Courageous) for $63.6M; delivery Sep-Oct 2025.","Closed $600M revolving credit facility (up from $400M) with improved pricing & no commitment cuts until Mar 2027.","Estimated Q3 2025 TCE of $15,926/day for 70% of fleet; Capesize TCE $20,951/day."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.43,"consensus_revenue_estimate":null,"consensus_revenue_actual":152208000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":135518,"accession_number":"0001140361-25-025736","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2025-07-14T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Genco Shipping upsizes credit facility to $600M, extends maturity to July 2030","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Revolver increased to $600M from $400M (50% raise); total facility moves from $500M to $600M.","Maturity extended from November 2028 to July 2030; 20-year repayment profile with no commitment reductions until March 2027.","Interest rate: 1.75%–2.15% + SOFR, with a ±0.05% margin tied to emissions performance.","Collateral maintenance covenant lowered from 140% to 135%; all 42 current vessels remain in collateral package.","Dividend declarations permitted if no default and pro forma covenant compliance; commitment fees 35% of applicable margin."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152510,"accession_number":"0001140361-25-022460","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2025-06-13T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Genco Shipping estimates Q2 2025 TCE rate of ~$13,800/day for 95% of fleet available days","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimated Q2 2025 TCE rate of ~$13,800/day, inclusive of scrubber premium, covering ~95% of owned available days.","Estimated total owned fleet available days for Q2 2025 is ~3,430 days.","TCE is a non-GAAP measure; actual results may vary based on voyage timing and fixture recognition.","Company provides this operational update under Regulation FD; no reconciliation to GAAP provided."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152509,"accession_number":"0001140361-25-019916","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2025-05-20T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Genco Shipping shareholders elect directors, approve say-on-pay, ratify auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All seven director nominees elected; votes for ranged from 15.7M to 22.3M.","Advisory say-on-pay approved: 19,989,549 for, 2,381,589 against (89.4% of votes cast).","Ratification of Deloitte & Touche as FY2025 auditor passed: 27,846,042 for, 568,510 against.","66.44% of outstanding shares (28.5M of 42.96M) represented at the meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":152508,"accession_number":"0001140361-25-017722","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco Shipping Q1 net loss $11.9M; launches $50M buyback program","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 net loss of $11.9M ($0.28 per share) vs net income of $18.8M ($0.44) a year ago.","Voyage revenues fell to $71.3M from $117.4M; fleet TCE dropped to $11,884/day from $19,219.","Declares $0.15/share dividend, 23rd consecutive quarterly payout; record date May 22, payable May 30.","Board authorizes $50M share repurchase program, incremental to dividend policy.","EBITDA declined to $7.9M from $39.2M; Q2 TCE-to-date estimated at $14,042/day (+18% QoQ)."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.28,"consensus_revenue_estimate":null,"consensus_revenue_actual":71269000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":171330,"accession_number":"0001140361-25-008829","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2025-03-14T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Genco Shipping estimates Q1 2025 TCE at ~$11,700/day on 95% of owned days","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimated TCE rate for Q1 2025: ~$11,700 per day for ~95% of owned available days (~3,450 total days).","Daily vessel operating expenses (DVOE) estimated at ~$6,500 per day based on 3,780 ownership days.","Freight rates in March 2025 have risen meaningfully, especially for Capesize vessels; company benefits from spot exposure.","Some Q1 fixture revenue (e.g., Brazil-China voyages) will be recognized in Q2 due to long ballast periods."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":171329,"accession_number":"0001140361-25-005143","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2025-02-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco Shipping Q4 net income $12.7M ($0.29 EPS); declares $0.30 dividend; full-year adj EBITDA $151.2M up 49%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net income $12.7M ($0.29 EPS) vs $4.9M in Q4 2023; adjusted net income $12.8M.","Declared $0.30 per share dividend for Q4 2024, 22nd consecutive quarterly dividend; payable March 18, 2025.","Full-year 2024 net income $76.4M ($1.77 EPS) vs net loss $12.9M in 2023; adj EBITDA $151.2M, up 49% YoY.","Fleet TCE $18,007/day in Q4 2024; FY 2024 TCE $19,107/day (up 29% YoY).","Acquired Genco Intrepid (Capesize) for $47.5M; sold Genco Hadrian for $25M. Debt $90M, net LTV 5%."],"consensus_eps_estimate":null,"consensus_eps_actual":1.75,"consensus_revenue_estimate":null,"consensus_revenue_actual":423016000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188321,"accession_number":"0001140361-24-050110","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2024-12-20T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Genco Shipping estimates Q4 2024 TCE rate of ~$18,300/day for ~95% of owned available days","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Fleet-wide estimated TCE rate of approximately $18,300/day for Q4 2024.","Approximately 3,675 total owned fleet available days for Q4 2024.","Estimate covers roughly 95% of owned available days; based on period and spot fixtures booked to date.","TCE is a non-GAAP measure; actual Q4 results may differ due to voyage timing and GAAP recognition.","Company does not update or revise estimates; forward-looking statements are subject to risks."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188320,"accession_number":"0001140361-24-045426","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2024-11-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco posts Q3 net income $21.5M, declares $0.40 dividend; TCE up 59% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $21.5M ($0.50 basic EPS) vs net loss $32.0M ($0.75 loss) in Q3 2023.","Q3 dividend $0.40/share payable Nov 25, 2024; 21st consecutive quarterly dividend. Enhanced policy excludes drydocking capex.","TCE $19,260/day vs $12,082/day YoY; estimated Q4 TCE $18,786 for 65% of owned fleet days.","Acquired Genco Intrepid (2016-built Capesize) for $47.5M; sold Genco Warrior ($11.95M) and Genco Hadrian ($25.0M).","Adjusted EBITDA $36.9M; liquidity $380M; net loan-to-value 5%; total debt $80M at Sep 30."],"consensus_eps_estimate":null,"consensus_eps_actual":1.46,"consensus_revenue_estimate":null,"consensus_revenue_actual":323814000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":204795,"accession_number":"0001140361-24-036227","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2024-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco Shipping Q2 net income $23.5M ($0.54 EPS); declares $0.34 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $23.5M, up from $11.6M YoY; adjusted net income $19.9M ($0.46 adjusted EPS).","Voyage revenues $107.0M vs $90.6M YoY; fleet-wide TCE $19,938/day vs $15,556/day.","Declared $0.34/share dividend for Q2, payable Aug 26 to record Aug 19; 20th consecutive quarterly dividend.","Paid down $65M debt in Q2; total debt reduced to $105M or 78% since 2021 value strategy.","Agreed sales of Genco Warrior ($11.95M) and Genco Hadrian ($25M); fleet renewal ongoing."],"consensus_eps_estimate":null,"consensus_eps_actual":0.97,"consensus_revenue_estimate":null,"consensus_revenue_actual":224482000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":204794,"accession_number":"0001140361-24-032418","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K/A","filed_at":"2024-07-03T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Genco Shipping amends 8-K to disclose board committee assignments effective July 1, 2024","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Audit Committee: Kathleen C. Haines (Chair), James G. Dolphin, Arthur L. Regan.","Compensation Committee: Basil G. Mavroleon (Chair), Paramita Das, Kathleen C. Haines.","Nominating and Corporate Governance Committee: James G. Dolphin (Chair), Basil G. Mavroleon, Karin Y. Orsel.","ESG Committee: Karin Y. Orsel (Chair), Paramita Das, Arthur L. Regan.","Paramita Das joined Compensation and ESG Committees following her March 2024 board appointment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":221643,"accession_number":"0001140361-24-027459","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2024-05-24T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Genco updates vessel sale gain of ~$13M and provides Q2 fleet TCE estimate of $19k/day","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Received $3.7M in deposits from prior vessel buyers; expects ~$13M gain on sale of Genco Claudius and Genco Maximus in Q2 2024.","Estimates fleet-wide TCE rate for Q2 2024 at ~$19,000/day for ~85% of owned available days (~3,800 days).","Daily vessel operating expenses estimated at ~$6,500/day for Q2 2024 based on 3,937 ownership days.","Long-haul Capesize voyages to Brazil-China will shift revenue recognition largely to Q3 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":221642,"accession_number":"0001140361-24-027305","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2024-05-23T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Genco Shipping shareholders elect all seven directors, approve say-on-pay, ratify auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All seven director nominees elected; vote totals from 22.99M to 23.48M for, broker non-votes ~75.8K.","Advisory say-on-pay approved: 22,565,614 for, 3,139,838 against, 503,668 abstentions.","Ratification of Deloitte & Touche as auditor for FY2024: 23,273,153 for, 2,620,942 against.","Turnout: 26,249,993 shares voted (61.4% of 42,751,752 outstanding)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":221641,"accession_number":"0001140361-24-024967","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2024-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco Q1 net income $18.8M, TCE $19,219/day, declares $0.42 dividend, reduces debt by $85M YTD","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $18.8M ($0.44 basic EPS); adjusted net income $21.4M ($0.50 adjusted EPS).","Voyage revenues $117.4M; fleet TCE $19,219/day, up 38% YoY from $13,947.","Declared Q1 dividend $0.42/share; 19th consecutive quarterly dividend; payable May 30, record May 22.","Debt reduced $30M in Q1, $85M YTD; net LTV 7%; liquidity $347.6M ($48.7M cash + $298.9M revolver).","Sold three Capesize vessels for $66.5M gross; estimated Q2 TCE $20,126 for 65% of owned fleet days."],"consensus_eps_estimate":null,"consensus_eps_actual":0.43,"consensus_revenue_estimate":null,"consensus_revenue_actual":117435000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":241194,"accession_number":"0001140361-24-012506","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2024-03-11T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Genco Shipping guides Q1 TCE ~$18,900/day, sells two vessels for $47M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimated Q1 2024 fleet-wide TCE rate of ~$18,900/day for 92% of owned available days.","Total owned fleet available days for Q1 2024 estimated at ~4,030.","Reached agreement to sell Genco Claudius and Genco Maximus for $47M aggregate, up from prior $36.5M.","Vessel deliveries expected at end of Q1 or early Q2 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":241193,"accession_number":"0001140361-24-011301","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2024-03-05T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Genco Shipping appoints Paramita Das to Board of Directors","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Paramita Das appointed to the Board, effective March 4, 2024; term expires at the 2024 Annual Meeting.","Das most recently served as Global Head of Marketing, Development & ESG, Metals and Minerals at Rio Tinto (June 2022-Feb 2024).","Previous roles include President of Rio Tinto Nickel Inc. and Chief Strategy Officer for a consortium at Sumitomo Corp, Itochu Corp, UACJ.","She is eligible for Board/committee fees and equity awards under the Amended and Restated 2015 Equity Plan.","No transactions with the Company requiring disclosure under Item 404(a) of Regulation S-K."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":241192,"accession_number":"0001140361-24-008832","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2024-02-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco Q4 net income $4.9M, adj EPS $0.43; declares $0.41/share dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $4.9M ($0.12 diluted EPS) includes $13.6M vessel impairment; adjusted net income $18.6M ($0.43 diluted EPS).","Q4 TCE $17,373/day, up 44% from Q3; FY 2023 TCE $14,766, outperforming benchmark by ~$1,300/day.","Declared Q4 dividend of $0.41/share (18th consecutive), payable March 13, 2024 to holders of record March 6, 2024.","Closed $500M revolver (maturity 2028, margin 1.85%-2.15%); debt cut 55% since 2021; net loan-to-value ~10%.","Acquired two 2016-built scrubber-fitted Capesize vessels for $86.1M; agreed to sell three older Capesize for $56.0M, saving ~$10M in 2024 drydock costs."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":383825000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":258659,"accession_number":"0001140361-23-057663","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2023-12-14T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Genco Shipping estimates Q4 2023 TCE rate of ~$17,200/day; expects $3M charge from vessel sale","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimated Q4 2023 TCE rate of approx. $17,200/day for ~95% of owned available days.","Total owned fleet available days for Q4 estimated at 4,075 days.","Freight rates increased meaningfully since mid-November, benefiting spot market exposure.","Expects non-cash charge of ~$3M in Q4 from sale of Genco Commodus."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":258658,"accession_number":"0001140361-23-055920","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2023-12-04T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"Genco upsizes credit facility to $500M, extends maturity to Nov 2028","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Maximum loan capacity increased to $500M from $344M, a $156M (46%) increase.","Maturity extended from August 2026 to November 2028; quarterly commitment reductions ~$15M.","Borrowings bear SOFR + 1.85%-2.15%, with a ±0.05% margin adjustment for emissions targets.","Facility is a revolving credit line for growth and general corporate purposes.","Collateral includes 45 of 46 vessels; dividend allowed if no default and pro forma compliance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":258657,"accession_number":"0001140361-23-052113","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2023-11-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco Shipping Q3 net loss $32M; declares $0.15 dividend, acquires Capesize for $43.1M, secures $500M revolver","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $32.0M ($0.75 loss/share) includes $28.1M non-cash vessel impairment; adjusted net loss $3.9M.","Revenue $83.4M, TCE $12,082/day vs $23,624/day in Q3 2022.","Declared $0.15 per share dividend for Q3, 17th consecutive quarterly dividend.","Agreed to acquire 2016-built scrubber-fitted Capesize Genco Ranger for $43.1M, delivery expected Q4 2023.","Received commitments for $500M revolving credit facility with reduced margin (1.85%-2.15%+SOFR) and maturity extended to 2028."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.42,"consensus_revenue_estimate":null,"consensus_revenue_actual":268309000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":275963,"accession_number":"0001140361-23-044174","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2023-09-15T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Genco Shipping estimates Q3 2023 TCE rate of ~$11,200/day for ~95% of owned available days","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimated fleet-wide TCE rate of ~$11,200 per day for ~95% of owned available days in Q3 2023.","Total owned fleet available days for Q3 2023 estimated at ~3,930 days.","TCE is non-GAAP; actual results may vary based on voyage duration and other factors.","Estimates based on fixtures booked to date; subject to change upon closing of Q3 financials."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":275962,"accession_number":"0001140361-23-037967","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2023-08-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco Q2 net income $11.6M ($0.27 EPS); declares $0.15 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $11.6M ($0.27 basic EPS) vs $47.4M ($1.12) YoY; revenue $90.6M down 34% from $137.8M.","TCE rate $15,556/day vs $28,756/day YoY; fleet-wide DVOE $5,641/day vs $7,358/day.","Q2 2023 dividend $0.15/share payable Aug 23; 16th consecutive quarterly dividend.","Voluntarily repaid $8.75M debt in Q2; total debt paydown $295.7M (66%) since 2021.","Liquidity $260.9M ($53.9M cash + $207M revolver); net LTV 11% as of Aug 3."],"consensus_eps_estimate":null,"consensus_eps_actual":0.33,"consensus_revenue_estimate":null,"consensus_revenue_actual":184947000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":293594,"accession_number":"0001140361-23-032488","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2023-06-30T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Genco Shipping estimates Q2 2023 TCE rate of ~$15,000/day","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimated Q2 2023 TCE rate of approx. $15,000 per day for owned fleet.","Estimate based on ~3,875 owned fleet available days in Q2 2023.","TCE is a non-GAAP measure; actual results may vary due to voyage timing.","Preliminary estimate subject to change upon closing of Q2 financial results."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":293593,"accession_number":"0001140361-23-025882","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2023-05-22T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Genco Shipping appoints Peter Allen as CFO effective June 16, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Peter Allen appointed CFO of Genco, effective June 16, 2023, succeeding Apostolos Zafolias.","Allen, 36, has been with Genco since 2008, most recently as SVP Strategy & Finance since October 2018.","Base salary of $335,000/year; eligible for annual bonus target of 80% of base; equity award of $125,000.","Allen holds a CFA designation and has 15 years of shipping industry experience focusing on capital allocation, M&A, and drybulk market analysis."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":293592,"accession_number":"0001140361-23-025062","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2023-05-16T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Genco Shipping shareholders elect all six director nominees, approve executive pay, ratify auditors","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All six director nominees elected; e.g., John Wobensmith received 20,056,230 votes for, 326,933 withheld.","Advisory vote on executive compensation passed: 19,045,060 for, 994,413 against, 343,690 abstentions.","Ratification of Deloitte & Touche as auditor approved: 29,291,059 for, 174,977 against, 93,877 abstentions.","Shareholder turnout: 29,559,913 shares (69.58%) represented at the meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":293591,"accession_number":"0001140361-23-022725","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2023-05-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco posts Q1 net income $2.6M, EPS $0.06, declares $0.15 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $2.6M ($0.06 diluted EPS) vs $41.7M ($0.97) in Q1 2022; voyage revenues $94.4M, down from $136.2M.","Average TCE $13,947/day vs $24,093/day YoY; Q2 to date TCE estimated at $16,679 for 68% of owned fleet days.","Declared $0.15/share cash dividend, payable May 23, 2023 to record May 16; 15th consecutive quarterly dividend.","Voluntarily prepaid $8.75M debt; total debt $162.3M at March 31; net loan-to-value of 11%.","Liquidity $260.4M (cash + undrawn revolver); management cites improving drybulk rates and positive outlook."],"consensus_eps_estimate":null,"consensus_eps_actual":0.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":94391000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":293590,"accession_number":"0001140361-23-019181","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2023-04-19T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Genco CFO Apostolos Zafolias to depart June 15, 2023; to serve as consultant through Dec 31","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CFO and EVP Finance Apostolos Zafolias intends to leave for an opportunity outside the maritime industry.","Will remain in current roles until June 15, 2023, then as consultant through December 31, 2023.","Separation terms include vesting of 16,588 RSUs and 3,849 options due in Feb 2024, and option extension to Mar 31, 2024.","Consulting arrangement provides $150,000 in total payments for transition assistance."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":293589,"accession_number":"0001140361-23-015835","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2023-04-03T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Genco Shipping appoints Jesper Christensen as Chief Commercial Officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jesper Christensen appointed Chief Commercial Officer effective April 2, 2023, as part of chartering and operations consolidation.","Christensen previously served as Vice President, Head of Chartering since June 2021.","He has over 16 years of experience in dry cargo shipping and will lead consolidated departments.","No family relationships or arrangements with other persons in his selection.","Eligible for awards under 2015 Equity Incentive Plan and other executive compensation plans."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":314223,"accession_number":"0001140361-23-015421","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2023-03-31T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Genco Shipping & Trading adopts bylaw amendments tightening shareholder proposal and director nomination procedures","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Shareholder proposals/nominations must now disclose affiliates, associates, beneficial owners, and solicitation participants.","White proxy card reserved exclusively for board solicitation; shareholder lists may omit email/electronic contacts.","Director nominees must agree to serve full term, disclose compensation/indemnification arrangements, and comply with company policies.","Shareholders must update proposal info as of record date and 10 business days before meeting; D&O questionnaire required.","Company may disregard votes/director nominees if shareholder fails to comply with Rule 14a-19 universal proxy access rules."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":314222,"accession_number":"0001140361-23-010521","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2023-03-07T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Genco COO Robert Hughes resigns effective March 31; gets $250K severance + vested equity","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Robert Hughes resigned as COO on March 6, 2023 due to internal department consolidation.","Separation agreement includes $250,000 lump sum payment in lieu of any cash bonus.","Unvested equity awards fully vest: 29,105 restricted stock units and 3,208 options.","Consulting engagement through Dec 31, 2023 for $100,000; medical benefits continued.","Employment ends March 31, 2023; no replacement COO named in filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":314221,"accession_number":"0001140361-23-008052","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2023-02-22T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco Shipping & Trading Limited Reports Q4 2022 Net Income of $28.7M and Declares $0.50 Dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income of $28.7 million for Q4 2022, or $0.67 per share; FY2022 net income $158.6 million.","Declared a $0.50 per share dividend for Q4 2022, the 14th consecutive quarterly payout.","Fleet-wide TCE of $19,330 per day for Q4 2022; estimated Q1 2023 TCE of $14,217 for 84% of owned fleet days.","Voluntarily prepaid $8.75 million of debt in Q4 2022, reducing total debt to $171.0 million.","Liquidity of $277.0 million as of Dec 31, 2022, including $64.1 million cash and $212.9 million revolver availability."],"consensus_eps_estimate":null,"consensus_eps_actual":3.7,"consensus_revenue_estimate":null,"consensus_revenue_actual":536934000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":332654,"accession_number":"0001140361-22-040715","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2022-11-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco declares $0.78 Q3 dividend (+56% QoQ); net income $40.8M, TCE $23,624/day","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Declared $0.78/share Q3 dividend, 56% increase from Q2; payable Nov 28 to holders of record Nov 21.","Net income $40.8M ($0.96 EPS); adjusted net income $42.7M ($1.00 EPS); voyage revenues $136.0M.","Q3 TCE $23,624/day (sixth straight quarter above $20k); estimated Q4 TCE $20,451 for 77% of fleet days.","Debt reduced to $179.8M after $8.75M prepay; net loan-to-value 11%; liquidity $287.4M.","YTD net income $129.9M; revenues $410.0M; cumulative dividends $2.74/share over last four quarters."],"consensus_eps_estimate":null,"consensus_eps_actual":3.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":409961000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":350114,"accession_number":"0001140361-22-030097","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2022-08-17T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Bao D. Truong resigns from Genco Shipping board; Centerbridge reduces stake","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Bao D. Truong resigned as director effective August 17, 2022.","He cited recent reduction of Centerbridge Partners' ownership in the company.","Truong stated his departure did not reflect any disagreement with Genco.","He had served on the board since July 2014 and is a Senior Managing Director at Centerbridge."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":350113,"accession_number":"0001140361-22-028053","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2022-08-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco Q2 net income $47.4M, EPS $1.12; declares $0.50 dividend, 36% higher TCE YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net income $47.4M ($1.12 basic EPS) vs $32.0M ($0.76) year ago; revenue $137.8M.","Fleet-wide TCE $28,756/day, up 36% YoY; Q3-to-date estimated TCE $25,059 for 79% of days.","Declares $0.50/share dividend (12th consecutive quarterly payout), payable Aug 23 to holders Aug 16.","Prepaid $8.75M debt in Q2; net debt-to-asset value 12%; liquidity $269.5M.","Q2 drydocking capex $22.6M front-loaded; Q3 estimate $6.8M; DVOE budget Q3 $4,950/day."],"consensus_eps_estimate":null,"consensus_eps_actual":2.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":273991000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":367242,"accession_number":"0001140361-22-019391","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2022-05-16T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Genco Shipping shareholders elect 7 directors, approve say-on-pay, ratify auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 7 director nominees elected: For votes ranged from 23.2M to 27.1M; highest withhold 4.2M for Bao D. Truong.","Advisory vote on executive compensation approved: 26.7M For, 0.6M Against, 0.1M Abstentions.","Ratification of Deloitte & Touche as auditor for FY2022: 34.5M For, 0.1M Against, 0.1M Abstentions.","Total shares voted: 34.66M out of 42.10M outstanding (82.33% turnout); broker non-votes on director elections and say-on-pay of 7.26M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":367241,"accession_number":"0001140361-22-017663","cik":1326200,"company_name":"GENCO SHIPPING & TRADING LTD","ticker":"GNK","form_type":"8-K","filed_at":"2022-05-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Genco Shipping Q1 net income $41.7M; declares $0.79 dividend, up 18% QoQ","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $41.7M ($0.99 basic EPS); TCE $24,093/day, +98% YoY.","Declares $0.79/share dividend for Q1 2022, payable May 24 to record May 16; 18% increase over Q4 2021.","Debt prepaid $48.75M in Q1, reducing total debt to $197.3M; net LTV 12%.","EBITDA $58.0M; liquidity $270.9M ($49.1M cash + $221.8M revolver).","Estimated Q2 2022 TCE $27,596 for 68% of owned fleet days; front-loads capex in softer Q2."],"consensus_eps_estimate":null,"consensus_eps_actual":0.97,"consensus_revenue_estimate":null,"consensus_revenue_actual":136227000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1049771102.476415,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-05-04T23:59:59+00:00|367241"}