---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-26-031442"
form_type: "8-K"
ticker: "GNK"
cik: "0001326200"
company_name: "GENCO SHIPPING & TRADING LTD"
filed_at: "2026-08-05T21:01:58+00:00"
generated_at: "2026-08-05T21:04:08.584439+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Genco Q2 net income $16.6M, dividend $0.80/share (+433% YoY); projects Q3 dividend >$1

## Summary
- Q2 net income $16.6M ($0.38 basic EPS) vs net loss $6.8M in Q2 2025; adjusted net income $29.2M ($0.67 adjusted EPS).
- Voyage revenues $136.4M, up 69% YoY; average TCE $24,273/day vs $13,631/day.
- Adjusted EBITDA $56.7M, up 297% YoY; net loan-to-value 18% at June 30, 2026.
- Declared Q2 dividend $0.80/share (payable Aug 24, record Aug 17); projects Q3 dividend >$1/share.
- Acquiring Genco Volunteer (Capesize) for delivery Aug 2026; drew $50M on revolver; pro forma debt $380M.

## SEC filing metadata
- accession: 0001140361-26-031442
- form_type: 8-K
- ticker: GNK
- cik: 0001326200
- company_name: GENCO SHIPPING & TRADING LTD
- filed_at: 2026-08-05T21:01:58+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1326200/000114036126031442/0001140361-26-031442-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1326200/000114036126031442/ef20079211_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-26-031442
- JSON: https://secwatch.observer/filing/0001140361-26-031442.json
- Plain text: https://secwatch.observer/filing/0001140361-26-031442.txt

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