---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-012506"
form_type: "8-K"
ticker: "GNK"
cik: "0001326200"
company_name: "GENCO SHIPPING & TRADING LTD"
filed_at: "2024-03-11T23:59:59+00:00"
generated_at: "2026-06-04T23:42:38.836410+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Genco Shipping guides Q1 TCE ~$18,900/day, sells two vessels for $47M

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-24-012506
- form_type: 8-K
- ticker: GNK
- cik: 0001326200
- company_name: GENCO SHIPPING & TRADING LTD
- filed_at: 2024-03-11T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326200/000114036124012506/0001140361-24-012506-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326200/000114036124012506/ef20023683_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-012506
- JSON: https://secwatch.observer/filing/0001140361-24-012506.json
- Plain text: https://secwatch.observer/filing/0001140361-24-012506.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.