other_material
confidence high
sentiment neutral
materiality 0.50
Genco Shipping estimates Q2 2025 TCE rate of ~$13,800/day for 95% of fleet available days
GENCO SHIPPING & TRADING LTD
- 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.
item 7.01