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Stock impact report

Genco Shipping to buy Capesize vessel for $47.5M [Seeking Alpha]

Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK) 
Last genco shipping & trading limited ordinary shares new (marshall islands) earnings: 2/25 04:30 pm Check Earnings Report
US:NYSE Investor Relations: gencoshipping.com
Company Research Source: Seeking Alpha
The acquisition will be funded with cash on hand and a drawdown from Genco's revolving credit facility. Genco expects to take delivery of the 180,000 dwt vessel, to be named the Genco Intrepid, within the next 30 days. Since implementing its value strategy in 2021, the company has invested approximately $285M in fleet expansion and modernization, including this latest acquisition. More on Genco Shipping Genco's Unique Dividend Structure May Hold Promise For Income Investors Genco Shipping & Trading Limited 2024 Q2 - Results - Earnings Call Presentation Genco Shipping & Trading Limited (GNK) Q2 2024 Earnings Call Transcript Genco Shipping Q2 2024 Earnings Preview Seeking Alpha's Quant Rating on Genco Shipping Recommended For You Comments More Trending News Recommended For You More Trending News Show less Read more
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