Genco Shipping estimates Q3 2023 TCE rate of ~$11,200/day for ~95% of owned available days

GENCO SHIPPING & TRADING LTD

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.

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