---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-040550"
form_type: "8-K"
ticker: "GNK"
cik: "0001326200"
company_name: "GENCO SHIPPING & TRADING LTD"
filed_at: "2025-11-05T23:59:59+00:00"
generated_at: "2026-05-17T00:12:47.076969+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Genco posts Q3 net loss $1.1M, declares $0.15/share dividend; Q4 TCE estimate >$20k

## Summary
- Net loss $1.1M ($0.02/sh) vs net income $21.5M ($0.50/sh) in Q3 2024; adjusted net loss $0.4M.
- Revenue fell to $79.9M from $99.3M; fleet TCE dropped to $15,959/day from $19,260/day.
- Declared $0.15/share dividend (25th consecutive), payable Nov 24; cumulative dividends $7.065/share.
- Acquired 2020-built Capesize Genco Courageous for $63.6M in Oct 2025.
- Q4 2025 TCE to date estimated $20,101/day for 72% of owned fleet days; Capesize at $27,077/day.

## SEC filing metadata
- accession: 0001140361-25-040550
- form_type: 8-K
- ticker: GNK
- cik: 0001326200
- company_name: GENCO SHIPPING & TRADING LTD
- filed_at: 2025-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1326200/000114036125040550/0001140361-25-040550-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326200/000114036125040550/ef20058186_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-040550
- JSON: https://secwatch.observer/filing/0001140361-25-040550.json
- Plain text: https://secwatch.observer/filing/0001140361-25-040550.txt

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