---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-029174"
form_type: "8-K"
ticker: "GNK"
cik: "0001326200"
company_name: "GENCO SHIPPING & TRADING LTD"
filed_at: "2025-08-06T23:59:59+00:00"
generated_at: "2026-05-17T18:59:08.876096+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Genco Q2 net loss $6.8M; declares $0.15 dividend; acquires Capesize for $63.6M

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-25-029174
- form_type: 8-K
- ticker: GNK
- cik: 0001326200
- company_name: GENCO SHIPPING & TRADING LTD
- filed_at: 2025-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326200/000114036125029174/0001140361-25-029174-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326200/000114036125029174/ef20053197_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-029174
- JSON: https://secwatch.observer/filing/0001140361-25-029174.json
- Plain text: https://secwatch.observer/filing/0001140361-25-029174.txt

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