Source-grounded facts extracted from GENCO SHIPPING & TRADING LTD's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
GENCO SHIPPING & TRADING LTD amended Third Amendment with Computershare Inc. (effective 2026-06-02).
“On June 2, 2026, Genco Shipping & Trading Limited (the “ Company ”) entered into the Third Amendment to Shareholders Rights Agreement (the “ Third Amendment ”) to amend the Shareholder Rights Agreement, dated as of October 1, 2025 between the Company and Computershare Inc., as amended to date (the “ Rights Agreement ”).”
GENCO SHIPPING & TRADING LTD updated its Q2 2026 guidance (raised).
“projections show a Q2 dividend of $0.70 per share, a 367% increase year-over-year”
GENCO SHIPPING & TRADING LTD reported three months ended March 31, 2026 results: revenue $114.4 million.
“diluted earnings per share of $0.21 o Adjusted net income of $11.3 million or basic and diluted earnings per share of $0.26 2 o Adjusted EBITDA: $36.2 million o Voyage revenues: $114.4 million ■ Net revenue 2 : $72.0 million 1 ■ Average daily fleet-wide TCE 2 : $19,346 per day, strongest Q1 since 2022 • Estimated Q2 2026 TCE to date o $23,939 for 66% of our owned fleet”
GENCO SHIPPING & TRADING LTD amended revolving credit of $600 million revolving credit facility by $80 million for total borrowing capacity of $680 million with Nordea Bank Abp, New York Branch as Administrative Agent and Collateral Agent and Nordea Bank Apb, New York Branch, Skandinaviska Enskilda Banken AB (PUBL), DNB Capital LLC, ING Capital LLC, and First-Citizens Bank & Trust Company.
“On February 27, 2026, Genco Shipping & Trading Limited (the “Company”) and certain of its vessel-owning and other subsidiaries acting as guarantors entered into a Sixth Amendment to Credit Agreement (the “Amendment”) with Nordea Bank Abp, New York Branch as Administrative Agent and Collateral Agent and Nordea Bank Apb, New York Branch, Skandinaviska Enskilda Banken AB (PUBL), DNB Capital LLC, ING Capital LLC, and First-Citizens Bank & Trust Company as participating and consenting lenders to amend and upsize its $600 million revolving credit facility by $80 million for total borrowing capacity of $680 million through the existing accordion feature of the facility.”
GENCO SHIPPING & TRADING LTD amended Sixth Amendment to Credit Agreement with Nordea Bank Abp, New York Branch, Skandinaviska Enskilda Banken AB (PUBL), DNB Capital LLC, ING Capital LLC, and First-Citizens Bank & Trust Company valued at Upsize of $600 million revolving credit facility by $80 million for total borrowing capacity of $680 (effective 2026-02-27).
“On February 27, 2026, Genco Shipping & Trading Limited (the “Company”) and certain of its vessel-owning and other subsidiaries acting as guarantors entered into a Sixth Amendment to Credit Agreement (the “Amendment”) with Nordea Bank Abp, New York Branch as Administrative Agent and Collateral Agent and Nordea Bank Apb, New York Branch, Skandinaviska Enskilda Banken AB (PUBL), DNB Capital LLC, ING Capital LLC, and First-Citizens Bank & Trust Company as participating and consenting lenders to amend and upsize its $600 million revolving credit facility by $80 million for total borrowing capacity of $680 million through the existing accordion feature of the facility.”
GENCO SHIPPING & TRADING LTD: Filed Statement of Designations designating 60,000 Series B Preferred Shares, effective October 1, 2025 (effective 2025-10-01).
“In connection with the adoption of the Rights Agreement, the Board approved a Statement of Designations of Series B Preferred Stock designating 60,000 Preferred Shares. The Company filed the Statement of Designations for the Preferred Shares on October 1 , 2025 with the Registrar of Corporations of the Republic of the Marshall Islands and the Statement of Designations became effective on such date.”
GENCO SHIPPING & TRADING LTD: Fifth Amendment to Amended and Restated By-laws gives Lead Independent Director power to call special Board meetings (effective 2025-08-26).
“the Board adopted a Fifth Amendment to the Amended and Restated By-laws of the Company. The amendment provides that the Lead Independent Director has the power to call a special meeting of the Board.”
GENCO SHIPPING & TRADING LTD amended revolving credit of $600 million with Nordea Bank Abp, New York Branch as Administrative Agent, Collateral Agent, and Security Trustee; Nordea Bank Apb, New York Branch; Skandinaviska Enskilda Banken AB (PUBL); DNB Capital LLC; ING Capital LLC; CTBC Bank Co. Ltd.; First-Citizens Bank & Trust Company at 1.75% to 2.15% plus the Secured Overnight Financing Rate (SOFR) maturing July 2030.
“On July 10, 2025, Genco Shipping & Trading Limited, certain of its vessel-owning and other subsidiaries acting as guarantors entered into a Fifth Amendment to Credit Agreement (the “Amendment”) with Nordea Bank Abp, New York Branch as Administrative Agent, Collateral Agent, and Security Trustee and Nordea Bank Apb, New York Branch, Skandinaviska Enskilda Banken AB (PUBL), DNB Capital LLC, ING Capital LLC, CTBC Bank Co. Ltd., and First-Citizens Bank & Trust Company as lenders to amend, extend, and upsize its $500 Million Revolver. The amended structure consists of a $600 million revolving credit facility (the “$600 Million Revolver”)”
GENCO SHIPPING & TRADING LTD reported the first quarter ended March 31, 2024 results: revenue $117.4 million, net income $18.8 million.
“of $1.8 million, a loss on sale of vessels of $1.0 million and unrealized fuel gains of $0.2 million o Adjusted EBITDA of $41.9 million for Q1 2024 2 • Voyage revenues: Totaled $117.4 million in Q1 2024 o Net revenue 2 was $76.7 million during Q1 2024 o Average daily fleet-wide TCE 2 was $19,219 for Q1 2024 • Estimated TCE to date for Q2 2024: $20,126 for 65% of our”
Paramita Das was appointed as director at GENCO SHIPPING & TRADING LTD.
“On March 4, 2024, the Board of Directors (the “Board”) of Genco Shipping & Trading Limited (the “Company”) Board appointed Paramita Das as a director of the Company.”
GENCO SHIPPING & TRADING LTD reported Q4 2023 results: revenue $115.5 million, net income $4.9 million, EPS $0.12 and $0.11.
“Financial performance: Net income of $4.9 million for Q4 2023, including a non-cash vessel impairment charge of $13.6 million, or basic and diluted earnings per share of $0.12 and $0.11, respectively o Adjusted net income of $18.6 million or basic and diluted earnings per share of $0.43, excluding the non-cash vessel impairment charge of $13.6 million 2 o Adjusted EBITDA of $37.1 million for Q4 2023 and $101.5 million for FY 2023 2 1 • Voyage revenues: Totaled $115.5 million in Q4 2023”
GENCO SHIPPING & TRADING LTD incurred revolving credit of $500 million with Nordea Bank Abp, New York Branch as Administrative Agent, Collateral Agent, and Security Trustee and Nordea Bank Abp, New York Branch, Skandinaviska Enskilda Banken AB (PUBL), DNB Capital LLC, First-Citizens Bank & Trust Company, ING Bank N.V., London Branch, CTBC Bank Co. Ltd., and Crédit Agricole at 1.85% to 2.15% plus the Secured Overnight Financing Rate (SOFR) maturing November 2028.
“On November 29, 2023, Genco Shipping & Trading Limited and certain of its vessel-owning and other subsidiaries acting as guarantors or security providers entered into a Fourth Amendment to Credit Agreement with Nordea Bank Abp, New York Branch as Administrative Agent, Collateral Agent, and Security Trustee and Nordea Bank Abp, New York Branch, Skandinaviska Enskilda Banken AB (PUBL), DNB Capital LLC, First-Citizens Bank & Trust Company, ING Bank N.V., London Branch, CTBC Bank Co. Ltd., and Crédit Agricole Corporate & Investment Bank as lenders to amend, extend, and upsize its $450 Million Credit Facility as previously announced. The amended structure consists of a $500 million revolving credit facility (the “$500 Million Revolver”), which can be utilized to support growth of the Company’s asset base as well as general corporate purposes.”
GENCO SHIPPING & TRADING LTD amended Fourth Amendment to Credit Agreement with Nordea Bank Abp, New York Branch, Skandinaviska Enskilda Banken AB (PUBL), DNB Capital LLC, First-Citizens Bank & Trust Company, ING Bank N.V., London Branch, CTBC Bank Co. Ltd., and Crédit Agricole Corporate & Investment Bank valued at $500 million (effective 2023-11-29).
“On November 29, 2023, Genco Shipping & Trading Limited and certain of its vessel-owning and other subsidiaries acting as guarantors or security providers entered into a Fourth Amendment to Credit Agreement with Nordea Bank Abp, New York Branch as Administrative Agent, Collateral Agent, and Security Trustee and Nordea Bank Abp, New York Branch, Skandinaviska Enskilda Banken AB (PUBL), DNB Capital LLC, First-Citizens Bank & Trust Company, ING Bank N.V., London Branch, CTBC Bank Co. Ltd., and Crédit Agricole Corporate & Investment Bank as lenders to amend, extend, and upsize its $450 Million Credit Facility as previously announced.”
GENCO SHIPPING & TRADING LTD reported financial results for the three months and nine months ended September 30, 2023.
“Attached and incorporated herein by reference as Exhibit 99.1 is a copy of a press release of Genco Shipping & Trading Limited (the “Company”), dated November 8, 2023, reporting the Company’s financial results for the third quarter ended September 30, 2023.”
GENCO SHIPPING & TRADING LTD reported the three months and six months ended June 30, 2023 results: EPS $0.15 per share.
“Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months and six months ended June 30, 2023.”
Peter Allen was appointed as Chief Financial Officer at GENCO SHIPPING & TRADING LTD.
“On May 18, 2023, Peter Allen was appointed as the Chief Financial Officer of Genco Shipping & Trading Limited (the “Company”), effective June 16, 2023.”
GENCO SHIPPING & TRADING LTD shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent certified public accountants for fiscal year ending December 31, 2023 at the 2023-05-16 meeting.
“The shareholders of the Company ratified the appointment of Deloitte & Touche LLP as the Company's independent certified public accountants for the fiscal year ended December 31, 2023.”
GENCO SHIPPING & TRADING LTD shareholders approved Advisory resolution on compensation of the Company's named executive officers at the 2023-05-16 meeting.
“The shareholders of the Company approved an advisory resolution on compensation of the Company's named executive officers by a non-binding vote.”
GENCO SHIPPING & TRADING LTD shareholders approved Election of six director nominees at the 2023-05-16 meeting.
“The shareholders of the Company elected each of the director nominees proposed by the Board of Directors.”
GENCO SHIPPING & TRADING LTD reported the three months ended March 31, 2023 results: revenue $94.4 million, net income $2.6 million, EPS $0.06.
“Recorded net income of $2.6 million for the first quarter of 2023 o Basic and diluted earnings per share of $0.06 • Voyage revenues totaled $94.4 million and net revenue 2 (voyage revenues minus voyage expenses, charter hire expenses and realized gains or losses on fuel hedges) totaled $53.4 million during Q1 2023”
Apostolos Zafolias departed as Chief Financial Officer and Executive Vice President, Finance at GENCO SHIPPING & TRADING LTD.
“On April 13, 2023, Apostolos Zafolias, the Corporation’s Chief Financial Officer and Executive Vice President, Finance informed the Corporation that he intends to depart from his roles at the Corporation in the near future to pursue an opportunity outside the maritime industry.”
Jesper Christensen was appointed as Chief Commercial Officer at GENCO SHIPPING & TRADING LTD.
“On April 2, 2023, in connection with the consolidation of the chartering and operations departments of Genco Shipping & Trading Limited (the “Company”), Jesper Christensen was appointed as the Company’s Chief Commercial Officer.”
GENCO SHIPPING & TRADING LTD: Adopted Fourth Amendment to Amended and Restated By-laws, adding enhanced disclosure requirements for shareholder nominations and proposals, reserving white proxy card for Board use, limiting shareholder list contact information, requiring director nominee commitments and questionnaires, and mandati (effective 2023-03-28).
“On March 28, 2023, the Board of Directors of Genco Shipping & Trading Limited (the “Company”) adopted a Fourth Amendment to the Amended and Restated By-laws of the Company (the “By-Laws”).”
Robert Hughes resigned as Chief Operations Officer at GENCO SHIPPING & TRADING LTD.
“On March 6, 2023, Robert Hughes resigned as the Chief Operations Officer of Genco Shipping & Trading Limited (the “Company”) in connection with an internal consolidation of the Company’s business departments”
GENCO SHIPPING & TRADING LTD reported the twelve months ended December 31, 2022 results: net income $158.6 Million.
“Generated $158.6 Million of Net Income and Declared Cumulative Dividends of $2.57 per share in 2022”
GENCO SHIPPING & TRADING LTD reported the fourth quarter ended December 31, 2022 results: net income $28.7 million, EPS $0.67.
“• Recorded net income of $28.7 million for the fourth quarter of 2022 o Basic and diluted earnings per share of $0.67”
GENCO SHIPPING & TRADING LTD reported the three months and nine months ended September 30, 2022 results: net income Net income of $40.8 million, EPS $0.96 and $0.95.
“recorded net income of $40.8 million for the third quarter of 2022 o Basic and diluted earnings per share of $0.96 and $0.95, respectively”
Bao D. Truong resigned as Director at GENCO SHIPPING & TRADING LTD.
“On August 16, 2022, Bao D. Truong, who has served as a director of Genco Shipping & Trading Limited (the “Company”) since July 2014, informed the Company of his intention to resign as a director. The following day, Mr. Truong resigned.”
GENCO SHIPPING & TRADING LTD shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent certified public accountants for fiscal year ending December 31, 2022 at the 2022-05-16 meeting.
“Ratification of Appointment of Independent Certified Public Accountants The shareholders of the Company ratified the appointment of Deloitte & Touche LLP as the Company’s independent certified public accountants for the fiscal year ended December 31, 2022. The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 34,461,628 100,779 101,086 0”
GENCO SHIPPING & TRADING LTD shareholders approved Advisory, non-binding resolution regarding the compensation of the Company's named executive officers at the 2022-05-16 meeting.
“Advisory Vote on Executive Compensation The shareholders of the Company approved an advisory resolution on compensation of the Company’s named executive officers by a non-binding vote. The voting results were as follows: Votes For Votes Against Abstentions Broker Non-Votes 26,672,093 587,734 148,407 7,255,259”
GENCO SHIPPING & TRADING LTD shareholders approved Election of seven director nominees at the 2022-05-16 meeting.
“Election of Directors The shareholders of the Company elected each of the director nominees proposed by the Board of Directors. The voting results were as follows: Name of Nominee Votes For Votes Withheld Abstentions Broker Non-Votes James G. Dolphin 26,555,839 852,395 0 7,255,259 Kathleen C. Haines 27,081,021 327,213 0 7,255,259 Basil G. Mavroleon 26,559,037 849,197 0 7,255,259 Karin Y. Orsel 26,587,031 821,203 0 7,255,259 Arthur L. Regan 24,861,472 2,546,762 0 7,255,259 Bao D. Truong 23,215,849 4,192,385 0 7,255,259 John C. Wobensmith 26,904,592 503,642 0 7,255,259”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.