logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Genco Shipping & Trading Ltd announced it raised $125 Million in an initial filing from an offering of $125 Million

Oct 19, 2016about 9 years ago

Amount Raised

$125 Million

New YorkOther

Company Information

Company

Genco Shipping & Trading Limited

Location

299 PARK AVENUE

New York, New York, United States

About

Genco Shipping & Trading Limited is a U.S. based drybulk ship owning company focused on the seaborne transportation of commodities globally. We provide a full-service logistics solution to our customers utilizing our in-house commercial operating platform, as we transport key cargoes such as iron ore, grain, steel products, bauxite, cement, nickel ore among other commodities along worldwide shipping routes. Our wholly owned high quality, modern fleet of dry cargo vessels consists of the larger Capesize (major bulk) and the medium-sized Ultramax and Supramax vessels (minor bulk) enabling us to carry a wide range of cargoes. We make capital expenditures from time to time in connection with vessel acquisitions. As of December 4, 2023, Genco Shipping & Trading Limited’s fleet consists of 19 Capesize, 15 Ultramax and 12 Supramax vessels with an aggregate capacity of approximately 4,997,000 dwt and an average age of 11.5 years.

Related People

10 contacts

Sign in to view contact details

Sign in to view contact details

Sign in to view contact details

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech