{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-25-017722","form_type":"8-K","ticker":"GNK","cik":"0001326200","company_name":"GENCO SHIPPING & TRADING LTD","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.937882+00:00","generated_at":"2026-05-22T07:17:29.688428+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Genco Shipping Q1 net loss $11.9M; launches $50M buyback program","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)."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-25-017722","json":"https://secwatch.observer/filing/0001140361-25-017722.json","markdown":"https://secwatch.observer/filing/0001140361-25-017722.md","text":"https://secwatch.observer/filing/0001140361-25-017722.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1326200/000114036125017722/0001140361-25-017722-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1326200/000114036125017722/ef20048530_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T07:17:29.688428+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}