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10-Q Filing

GENCO SHIPPING & TRADING LTD CIK: 1326200 Q1 2024
Filing Information
Form Type 10-Q
Accession Number 0001558370-24-007375
Period End Date 20240331
Filing Date 20240508
Fiscal Year 2024
Fiscal Period Q1
XBRL Instance gnk-20240331x10q_htm.xml
Balance Sheet 158 line items
Line Item Tag Value Unit Period
Due from charterers, reserve AllowanceForDoubtfulAccountsReceivableCurrent $3.26M USD Point-in-time
Due from charterers, reserve AllowanceForDoubtfulAccountsReceivableCurrent $3.26M USD Point-in-time
Due from charterers, reserve AllowanceForDoubtfulAccountsReceivableCurrent $2.30M USD Point-in-time
Due from charterers, reserve AllowanceForDoubtfulAccountsReceivableCurrent $2.30M USD Point-in-time
Vessels, accumulated depreciation AccumulatedDepreciationVessels $308.63M USD Point-in-time
Vessels, accumulated depreciation AccumulatedDepreciationVessels $308.63M USD Point-in-time
Vessels, accumulated depreciation AccumulatedDepreciationVessels $296.45M USD Point-in-time
Vessels, accumulated depreciation AccumulatedDepreciationVessels $296.45M USD Point-in-time
Deferred drydock, accumulated amortization AccumulatedDepreciationOfDeferredDrydockCosts $27.48M USD Point-in-time
Deferred drydock, accumulated amortization AccumulatedDepreciationOfDeferredDrydockCosts $27.48M USD Point-in-time
Deferred drydock, accumulated amortization AccumulatedDepreciationOfDeferredDrydockCosts $23.05M USD Point-in-time
Deferred drydock, accumulated amortization AccumulatedDepreciationOfDeferredDrydockCosts $23.05M USD Point-in-time
Fixed assets, accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $8.06M USD Point-in-time
Fixed assets, accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $8.06M USD Point-in-time
Fixed assets, accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $8.13M USD Point-in-time
Fixed assets, accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $8.13M USD Point-in-time
Deferred financing costs, noncurrent DeferredFinanceCostsNoncurrentNet $9.33M USD Point-in-time
Deferred financing costs, noncurrent DeferredFinanceCostsNoncurrentNet $9.33M USD Point-in-time
Deferred financing costs, noncurrent DeferredFinanceCostsNoncurrentNet $9.83M USD Point-in-time
Deferred financing costs, noncurrent DeferredFinanceCostsNoncurrentNet $9.83M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $46.54M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $46.54M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $48.36M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $48.36M USD Point-in-time
Due from charterers, net of a reserve of $2,299 and $3,257, respectively AccountsReceivableNetCurrent $21.89M USD Point-in-time
Due from charterers, net of a reserve of $2,299 and $3,257, respectively AccountsReceivableNetCurrent $21.89M USD Point-in-time
Due from charterers, net of a reserve of $2,299 and $3,257, respectively AccountsReceivableNetCurrent $17.82M USD Point-in-time
Due from charterers, net of a reserve of $2,299 and $3,257, respectively AccountsReceivableNetCurrent $17.82M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $9.08M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $9.08M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $10.15M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $10.15M USD Point-in-time
Inventories InventoryNet $26.75M USD Point-in-time
Inventories InventoryNet $26.75M USD Point-in-time
Inventories InventoryNet $30.64M USD Point-in-time
Inventories InventoryNet $30.64M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 500.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 500.00M shares Point-in-time
Vessels held for sale AssetsHeldForSaleNotPartOfDisposalGroupCurrent $55.44M USD Point-in-time
Vessels held for sale AssetsHeldForSaleNotPartOfDisposalGroupCurrent $55.44M USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 500.00M shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 500.00M shares Point-in-time
Vessels held for sale AssetsHeldForSaleNotPartOfDisposalGroupCurrent $36.22M USD Point-in-time
Vessels held for sale AssetsHeldForSaleNotPartOfDisposalGroupCurrent $36.22M USD Point-in-time
Total current assets AssetsCurrent $146.18M USD Point-in-time
Total current assets AssetsCurrent $146.18M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 42.75M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 42.75M shares Point-in-time
Total current assets AssetsCurrent $157.27M USD Point-in-time
Total current assets AssetsCurrent $157.27M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 42.55M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 42.55M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 42.55M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 42.55M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 42.75M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 42.75M shares Point-in-time
Vessels, net of accumulated depreciation of $308,626 and $296,452, respectively VesselsNet $934.57M USD Point-in-time
Vessels, net of accumulated depreciation of $308,626 and $296,452, respectively VesselsNet $934.57M USD Point-in-time
Vessels, net of accumulated depreciation of $308,626 and $296,452, respectively VesselsNet $945.11M USD Point-in-time
Vessels, net of accumulated depreciation of $308,626 and $296,452, respectively VesselsNet $945.11M USD Point-in-time
Deferred drydock, net of accumulated amortization of $27,480 and $23,047 respectively DeferredDrydockCostsNet $29.50M USD Point-in-time
Deferred drydock, net of accumulated amortization of $27,480 and $23,047 respectively DeferredDrydockCostsNet $29.50M USD Point-in-time
Deferred drydock, net of accumulated amortization of $27,480 and $23,047 respectively DeferredDrydockCostsNet $27.26M USD Point-in-time
Deferred drydock, net of accumulated amortization of $27,480 and $23,047 respectively DeferredDrydockCostsNet $27.26M USD Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $8,134 and $8,063, respectively PropertyPlantAndEquipmentNet $7.21M USD Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $8,134 and $8,063, respectively PropertyPlantAndEquipmentNet $7.21M USD Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $8,134 and $8,063, respectively PropertyPlantAndEquipmentNet $7.07M USD Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $8,134 and $8,063, respectively PropertyPlantAndEquipmentNet $7.07M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $2.26M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $2.26M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $2.63M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $2.63M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsNoncurrent $315.00K USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsNoncurrent $315.00K USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsNoncurrent $315.00K USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsNoncurrent $315.00K USD Point-in-time
Total noncurrent assets AssetsNoncurrent $971.62M USD Point-in-time
Total noncurrent assets AssetsNoncurrent $971.62M USD Point-in-time
Total noncurrent assets AssetsNoncurrent $984.63M USD Point-in-time
Total noncurrent assets AssetsNoncurrent $984.63M USD Point-in-time
Total assets Assets $1.14B USD Point-in-time
Total assets Assets $1.14B USD Point-in-time
Total assets Assets $1.12B USD Point-in-time
Total assets Assets $1.12B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $31.30M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $31.30M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $24.25M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $24.25M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $8.75M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $8.75M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $5.68M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $5.68M USD Point-in-time
Current operating lease liabilities OperatingLeaseLiabilityCurrent $2.33M USD Point-in-time
Current operating lease liabilities OperatingLeaseLiabilityCurrent $2.33M USD Point-in-time
Current operating lease liabilities OperatingLeaseLiabilityCurrent $2.29M USD Point-in-time
Current operating lease liabilities OperatingLeaseLiabilityCurrent $2.29M USD Point-in-time
Total current liabilities: LiabilitiesCurrent $39.30M USD Point-in-time
Total current liabilities: LiabilitiesCurrent $39.30M USD Point-in-time
Total current liabilities: LiabilitiesCurrent $35.29M USD Point-in-time
Total current liabilities: LiabilitiesCurrent $35.29M USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $1.21M USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $1.21M USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $1.80M USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $1.80M USD Point-in-time
Long-term debt, net of deferred financing costs of $9,332 and $9,831, respectively LongTermDebtNoncurrent $190.17M USD Point-in-time
Long-term debt, net of deferred financing costs of $9,332 and $9,831, respectively LongTermDebtNoncurrent $190.17M USD Point-in-time
Long-term debt, net of deferred financing costs of $9,332 and $9,831, respectively LongTermDebtNoncurrent $160.67M USD Point-in-time
Long-term debt, net of deferred financing costs of $9,332 and $9,831, respectively LongTermDebtNoncurrent $160.67M USD Point-in-time
Total noncurrent liabilities LiabilitiesNoncurrent $161.88M USD Point-in-time
Total noncurrent liabilities LiabilitiesNoncurrent $161.88M USD Point-in-time
Total noncurrent liabilities LiabilitiesNoncurrent $191.97M USD Point-in-time
Total noncurrent liabilities LiabilitiesNoncurrent $191.97M USD Point-in-time
Total liabilities Liabilities $201.18M USD Point-in-time
Total liabilities Liabilities $201.18M USD Point-in-time
Total liabilities Liabilities $227.26M USD Point-in-time
Total liabilities Liabilities $227.26M USD Point-in-time
Commitments and contingencies (Note 14) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 14) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 14) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 14) CommitmentsAndContingencies - USD Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 42,751,752 and 42,546,959 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively CommonStockValue $425.00K USD Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 42,751,752 and 42,546,959 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively CommonStockValue $425.00K USD Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 42,751,752 and 42,546,959 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively CommonStockValue $427.00K USD Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 42,751,752 and 42,546,959 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively CommonStockValue $427.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.54B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.54B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.55B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.55B USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $527.00K USD Point-in-time
Accumulated other comprehensive income AccumulatedOtherComprehensiveIncomeLossNetOfTax $527.00K USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-641.12M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-641.12M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-622.32M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-622.32M USD Point-in-time
Total Genco Shipping & Trading Limited shareholders' equity StockholdersEquity $913.26M USD Point-in-time
Total Genco Shipping & Trading Limited shareholders' equity StockholdersEquity $913.26M USD Point-in-time
Total Genco Shipping & Trading Limited shareholders' equity StockholdersEquity $915.10M USD Point-in-time
Total Genco Shipping & Trading Limited shareholders' equity StockholdersEquity $915.10M USD Point-in-time
Noncontrolling interest MinorityInterest $1.39M USD Point-in-time
Noncontrolling interest MinorityInterest $1.39M USD Point-in-time
Noncontrolling interest MinorityInterest $1.53M USD Point-in-time
Noncontrolling interest MinorityInterest $1.53M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $949.58M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $949.58M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $968.31M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $968.31M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $916.63M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $916.63M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $914.65M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $914.65M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.14B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.14B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.12B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.12B USD Point-in-time
Income Statement 88 line items
Line Item Tag Value Unit Period
Nonvested stock amortization expense ShareBasedCompensation $1.56M USD 1 Quarter
Nonvested stock amortization expense ShareBasedCompensation $1.56M USD 1 Quarter
Nonvested stock amortization expense ShareBasedCompensation $1.38M USD 1 Quarter
Nonvested stock amortization expense ShareBasedCompensation $1.38M USD 1 Quarter
Total revenues Revenues $117.44M USD 1 Quarter
Total revenues Revenues $117.44M USD 1 Quarter
Total revenues Revenues $94.39M USD 1 Quarter
Total revenues Revenues $94.39M USD 1 Quarter
Voyage expenses VoyageExpenses $37.44M USD 1 Quarter
Voyage expenses VoyageExpenses $37.44M USD 1 Quarter
Voyage expenses VoyageExpenses $37.20M USD 1 Quarter
Voyage expenses VoyageExpenses $37.20M USD 1 Quarter
Vessel operating expenses DirectOperatingCosts $24.39M USD 1 Quarter
Vessel operating expenses DirectOperatingCosts $24.39M USD 1 Quarter
Vessel operating expenses DirectOperatingCosts $25.93M USD 1 Quarter
Vessel operating expenses DirectOperatingCosts $25.93M USD 1 Quarter
Charter hire expenses CharterHireExpense $3.66M USD 1 Quarter
Charter hire expenses CharterHireExpense $3.66M USD 1 Quarter
Charter hire expenses CharterHireExpense $3.51M USD 1 Quarter
Charter hire expenses CharterHireExpense $3.51M USD 1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $1,382 and $1,559, respectively) GeneralAndAdministrativeExpense $7.75M USD 1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $1,382 and $1,559, respectively) GeneralAndAdministrativeExpense $7.75M USD 1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $1,382 and $1,559, respectively) GeneralAndAdministrativeExpense $7.66M USD 1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $1,382 and $1,559, respectively) GeneralAndAdministrativeExpense $7.66M USD 1 Quarter
Technical management expenses TechnicalManagementFees $1.03M USD 1 Quarter
Technical management expenses TechnicalManagementFees $1.03M USD 1 Quarter
Technical management expenses TechnicalManagementFees $762.00K USD 1 Quarter
Technical management expenses TechnicalManagementFees $762.00K USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $15.94M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $15.94M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $17.22M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $17.22M USD 1 Quarter
Loss on sale of vessels GainLossOnDispositionOfAssets $-978.00K USD 1 Quarter
Loss on sale of vessels GainLossOnDispositionOfAssets $-978.00K USD 1 Quarter
Other operating expense OtherCostAndExpenseOperating $1.80M USD 1 Quarter
Other operating expense OtherCostAndExpenseOperating $1.80M USD 1 Quarter
Total operating expenses CostsAndExpenses $89.95M USD 1 Quarter
Total operating expenses CostsAndExpenses $89.95M USD 1 Quarter
Total operating expenses CostsAndExpenses $95.34M USD 1 Quarter
Total operating expenses CostsAndExpenses $95.34M USD 1 Quarter
Operating income OperatingIncomeLoss $4.44M USD 1 Quarter
Operating income OperatingIncomeLoss $4.44M USD 1 Quarter
Operating income OperatingIncomeLoss $22.09M USD 1 Quarter
Operating income OperatingIncomeLoss $22.09M USD 1 Quarter
Other income (expense) OtherNonoperatingIncomeExpense $66.00K USD 1 Quarter
Other income (expense) OtherNonoperatingIncomeExpense $66.00K USD 1 Quarter
Other income (expense) OtherNonoperatingIncomeExpense $-324.00K USD 1 Quarter
Other income (expense) OtherNonoperatingIncomeExpense $-324.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $824.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $824.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $770.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $770.00K USD 1 Quarter
Interest expense InterestExpense $2.03M USD 1 Quarter
Interest expense InterestExpense $2.03M USD 1 Quarter
Interest expense InterestExpense $4.04M USD 1 Quarter
Interest expense InterestExpense $4.04M USD 1 Quarter
Other expense, net NonoperatingIncomeExpense $-1.58M USD 1 Quarter
Other expense, net NonoperatingIncomeExpense $-1.58M USD 1 Quarter
Other expense, net NonoperatingIncomeExpense $-3.15M USD 1 Quarter
Other expense, net NonoperatingIncomeExpense $-3.15M USD 1 Quarter
Net income ProfitLoss $2.86M USD 1 Quarter
Net income ProfitLoss $2.86M USD 1 Quarter
Net income ProfitLoss $18.94M USD 1 Quarter
Net income ProfitLoss $18.94M USD 1 Quarter
Less: Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $145.00K USD 1 Quarter
Less: Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $145.00K USD 1 Quarter
Less: Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $226.00K USD 1 Quarter
Less: Net income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $226.00K USD 1 Quarter
Net income attributable to Genco Shipping & Trading Limited NetIncomeLoss $2.63M USD 1 Quarter
Net income attributable to Genco Shipping & Trading Limited NetIncomeLoss $2.63M USD 1 Quarter
Net income attributable to Genco Shipping & Trading Limited NetIncomeLoss $18.80M USD 1 Quarter
Net income attributable to Genco Shipping & Trading Limited NetIncomeLoss $18.80M USD 1 Quarter
Earnings per share-basic EarningsPerShareBasic $0.06 USD 1 Quarter
Earnings per share-basic EarningsPerShareBasic $0.06 USD 1 Quarter
Earnings per share-basic EarningsPerShareBasic $0.44 USD 1 Quarter
Earnings per share-basic EarningsPerShareBasic $0.44 USD 1 Quarter
Earnings per share-diluted EarningsPerShareDiluted $0.43 USD 1 Quarter
Earnings per share-diluted EarningsPerShareDiluted $0.43 USD 1 Quarter
Earnings per share-diluted EarningsPerShareDiluted $0.06 USD 1 Quarter
Earnings per share-diluted EarningsPerShareDiluted $0.06 USD 1 Quarter
Weighted average common shares outstanding-basic WeightedAverageNumberOfSharesOutstandingBasic 42.63M shares 1 Quarter
Weighted average common shares outstanding-basic WeightedAverageNumberOfSharesOutstandingBasic 42.63M shares 1 Quarter
Weighted average common shares outstanding-basic WeightedAverageNumberOfSharesOutstandingBasic 42.92M shares 1 Quarter
Weighted average common shares outstanding-basic WeightedAverageNumberOfSharesOutstandingBasic 42.92M shares 1 Quarter
Weighted average common shares outstanding-diluted WeightedAverageNumberOfDilutedSharesOutstanding 43.10M shares 1 Quarter
Weighted average common shares outstanding-diluted WeightedAverageNumberOfDilutedSharesOutstanding 43.10M shares 1 Quarter
Weighted average common shares outstanding-diluted WeightedAverageNumberOfDilutedSharesOutstanding 43.61M shares 1 Quarter
Weighted average common shares outstanding-diluted WeightedAverageNumberOfDilutedSharesOutstanding 43.61M shares 1 Quarter
Cash Flow Statement 110 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $2.86M USD 1 Quarter
Net income ProfitLoss $2.86M USD 1 Quarter
Net income ProfitLoss $18.94M USD 1 Quarter
Net income ProfitLoss $18.94M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $15.94M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $15.94M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $17.22M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $17.22M USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $418.00K USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $418.00K USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $499.00K USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $499.00K USD 1 Quarter
Right-of-use asset amortization OperatingLeaseRightOfUseAssetAmortizationExpense $368.00K USD 1 Quarter
Right-of-use asset amortization OperatingLeaseRightOfUseAssetAmortizationExpense $368.00K USD 1 Quarter
Right-of-use asset amortization OperatingLeaseRightOfUseAssetAmortizationExpense $360.00K USD 1 Quarter
Right-of-use asset amortization OperatingLeaseRightOfUseAssetAmortizationExpense $360.00K USD 1 Quarter
Amortization of nonvested stock compensation expense ShareBasedCompensation $1.56M USD 1 Quarter
Amortization of nonvested stock compensation expense ShareBasedCompensation $1.56M USD 1 Quarter
Amortization of nonvested stock compensation expense ShareBasedCompensation $1.38M USD 1 Quarter
Amortization of nonvested stock compensation expense ShareBasedCompensation $1.38M USD 1 Quarter
Loss on sale of vessels GainLossOnDispositionOfAssets $-978.00K USD 1 Quarter
Loss on sale of vessels GainLossOnDispositionOfAssets $-978.00K USD 1 Quarter
Amortization of premium on derivatives PremiumOnDerivativeExcludedAndRecognizedOnAmortizedBasis $45.00K USD 1 Quarter
Amortization of premium on derivatives PremiumOnDerivativeExcludedAndRecognizedOnAmortizedBasis $45.00K USD 1 Quarter
Amortization of premium on derivatives PremiumOnDerivativeExcludedAndRecognizedOnAmortizedBasis $59.00K USD 1 Quarter
Amortization of premium on derivatives PremiumOnDerivativeExcludedAndRecognizedOnAmortizedBasis $59.00K USD 1 Quarter
Insurance proceeds for protection and indemnity claims ProceedsFromInsuranceProtectionAndIndemnityClaims $34.00K USD 1 Quarter
Insurance proceeds for protection and indemnity claims ProceedsFromInsuranceProtectionAndIndemnityClaims $34.00K USD 1 Quarter
Insurance proceeds for protection and indemnity claims ProceedsFromInsuranceProtectionAndIndemnityClaims $117.00K USD 1 Quarter
Insurance proceeds for protection and indemnity claims ProceedsFromInsuranceProtectionAndIndemnityClaims $117.00K USD 1 Quarter
(Increase) decrease in due from charterers IncreaseDecreaseInAccountsReceivable $4.07M USD 1 Quarter
(Increase) decrease in due from charterers IncreaseDecreaseInAccountsReceivable $4.07M USD 1 Quarter
(Increase) decrease in due from charterers IncreaseDecreaseInAccountsReceivable $-8.64M USD 1 Quarter
(Increase) decrease in due from charterers IncreaseDecreaseInAccountsReceivable $-8.64M USD 1 Quarter
Decrease (increase) in prepaid expenses and other current assets IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets $2.26M USD 1 Quarter
Decrease (increase) in prepaid expenses and other current assets IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets $2.26M USD 1 Quarter
Decrease (increase) in prepaid expenses and other current assets IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets $-651.00K USD 1 Quarter
Decrease (increase) in prepaid expenses and other current assets IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets $-651.00K USD 1 Quarter
Increase in inventories IncreaseDecreaseInInventories $3.89M USD 1 Quarter
Increase in inventories IncreaseDecreaseInInventories $3.89M USD 1 Quarter
Increase in inventories IncreaseDecreaseInInventories $3.43M USD 1 Quarter
Increase in inventories IncreaseDecreaseInInventories $3.43M USD 1 Quarter
Increase (decrease) in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-97.00K USD 1 Quarter
Increase (decrease) in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-97.00K USD 1 Quarter
Increase (decrease) in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $5.83M USD 1 Quarter
Increase (decrease) in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $5.83M USD 1 Quarter
(Decrease) increase in deferred revenue IncreaseDecreaseInContractWithCustomerLiability $-3.07M USD 1 Quarter
(Decrease) increase in deferred revenue IncreaseDecreaseInContractWithCustomerLiability $-3.07M USD 1 Quarter
(Decrease) increase in deferred revenue IncreaseDecreaseInContractWithCustomerLiability $71.00K USD 1 Quarter
(Decrease) increase in deferred revenue IncreaseDecreaseInContractWithCustomerLiability $71.00K USD 1 Quarter
Decrease in operating lease liabilities IncreaseDecreaseInOperatingLeaseLiabilities $-563.00K USD 1 Quarter
Decrease in operating lease liabilities IncreaseDecreaseInOperatingLeaseLiabilities $-563.00K USD 1 Quarter
Decrease in operating lease liabilities IncreaseDecreaseInOperatingLeaseLiabilities $-480.00K USD 1 Quarter
Decrease in operating lease liabilities IncreaseDecreaseInOperatingLeaseLiabilities $-480.00K USD 1 Quarter
Deferred drydock costs incurred DeferredDrydockCostsIncurred $2.19M USD 1 Quarter
Deferred drydock costs incurred DeferredDrydockCostsIncurred $2.19M USD 1 Quarter
Deferred drydock costs incurred DeferredDrydockCostsIncurred $4.11M USD 1 Quarter
Deferred drydock costs incurred DeferredDrydockCostsIncurred $4.11M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $32.25M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $32.25M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $19.57M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $19.57M USD 1 Quarter
Purchase of vessels and ballast water treatment systems, including deposits PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits $2.00M USD 1 Quarter
Purchase of vessels and ballast water treatment systems, including deposits PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits $2.00M USD 1 Quarter
Purchase of vessels and ballast water treatment systems, including deposits PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits $930.00K USD 1 Quarter
Purchase of vessels and ballast water treatment systems, including deposits PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits $930.00K USD 1 Quarter
Purchase of other fixed assets PaymentsToAcquirePropertyPlantAndEquipment $1.08M USD 1 Quarter
Purchase of other fixed assets PaymentsToAcquirePropertyPlantAndEquipment $1.08M USD 1 Quarter
Purchase of other fixed assets PaymentsToAcquirePropertyPlantAndEquipment $240.00K USD 1 Quarter
Purchase of other fixed assets PaymentsToAcquirePropertyPlantAndEquipment $240.00K USD 1 Quarter
Net proceeds from sale of vessels ProceedsFromSaleOfVesselAssetsNet $18.50M USD 1 Quarter
Net proceeds from sale of vessels ProceedsFromSaleOfVesselAssetsNet $18.50M USD 1 Quarter
Insurance proceeds for hull and machinery claims ProceedsFromInsuranceForHullAndMachineryClaims $235.00K USD 1 Quarter
Insurance proceeds for hull and machinery claims ProceedsFromInsuranceForHullAndMachineryClaims $235.00K USD 1 Quarter
Insurance proceeds for hull and machinery claims ProceedsFromInsuranceForHullAndMachineryClaims $159.00K USD 1 Quarter
Insurance proceeds for hull and machinery claims ProceedsFromInsuranceForHullAndMachineryClaims $159.00K USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $17.49M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $17.49M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-2.85M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-2.85M USD 1 Quarter
Cash dividends paid PaymentsOfDividendsCommonStock $21.67M USD 1 Quarter
Cash dividends paid PaymentsOfDividendsCommonStock $21.67M USD 1 Quarter
Cash dividends paid PaymentsOfDividendsCommonStock $17.89M USD 1 Quarter
Cash dividends paid PaymentsOfDividendsCommonStock $17.89M USD 1 Quarter
Payment of deferred financing costs PaymentsOfFinancingCosts $38.00K USD 1 Quarter
Payment of deferred financing costs PaymentsOfFinancingCosts $38.00K USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-30.42M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-30.42M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-47.92M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-47.92M USD 1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-13.70M USD 1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-13.70M USD 1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $1.82M USD 1 Quarter
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $1.82M USD 1 Quarter
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $48.68M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $48.68M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $50.40M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $50.40M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $64.10M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $64.10M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $46.86M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $46.86M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $48.68M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $48.68M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $50.40M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $50.40M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $64.10M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $64.10M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $46.86M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $46.86M USD Point-in-time
Stockholders Equity 36 line items
Line Item Tag Value Unit Period
Dividends declared per share CommonStockDividendsPerShareDeclared $0.41 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.41 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.50 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.50 USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $949.58M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $949.58M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $968.31M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $968.31M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $916.63M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $916.63M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $914.65M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $914.65M USD Point-in-time
Net income ProfitLoss $2.86M USD 1 Quarter
Net income ProfitLoss $2.86M USD 1 Quarter
Net income ProfitLoss $18.94M USD 1 Quarter
Net income ProfitLoss $18.94M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-527.00K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-527.00K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-1.63M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-1.63M USD 1 Quarter
Cash dividends declared DividendsCommonStockCash $17.81M USD 1 Quarter
Cash dividends declared DividendsCommonStockCash $17.81M USD 1 Quarter
Cash dividends declared DividendsCommonStockCash $21.52M USD 1 Quarter
Cash dividends declared DividendsCommonStockCash $21.52M USD 1 Quarter
Nonvested stock amortization AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.56M USD 1 Quarter
Nonvested stock amortization AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.56M USD 1 Quarter
Nonvested stock amortization AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.38M USD 1 Quarter
Nonvested stock amortization AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.38M USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $949.58M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $949.58M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $968.31M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $968.31M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $916.63M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $916.63M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $914.65M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $914.65M USD Point-in-time
Comprehensive Income 20 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $2.86M USD 1 Quarter
Net income ProfitLoss $2.86M USD 1 Quarter
Net income ProfitLoss $18.94M USD 1 Quarter
Net income ProfitLoss $18.94M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-527.00K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-527.00K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-1.63M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-1.63M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.23M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $1.23M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $18.42M USD 1 Quarter
Comprehensive income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $18.42M USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $145.00K USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $145.00K USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $226.00K USD 1 Quarter
Less: Comprehensive income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $226.00K USD 1 Quarter
Comprehensive income attributable to Genco Shipping & Trading Limited ComprehensiveIncomeNetOfTax $1.01M USD 1 Quarter
Comprehensive income attributable to Genco Shipping & Trading Limited ComprehensiveIncomeNetOfTax $1.01M USD 1 Quarter
Comprehensive income attributable to Genco Shipping & Trading Limited ComprehensiveIncomeNetOfTax $18.27M USD 1 Quarter
Comprehensive income attributable to Genco Shipping & Trading Limited ComprehensiveIncomeNetOfTax $18.27M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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