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10-Q Filing

GENCO SHIPPING & TRADING LTD CIK: 1326200 Q1 2025
Filing Information
Form Type 10-Q
Accession Number 0001558370-25-006766
Period End Date 20250331
Filing Date 20250507
Fiscal Year 2025
Fiscal Period Q1
XBRL Instance gnk-20250331x10q_htm.xml
Balance Sheet 152 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $43.69M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $43.69M USD Point-in-time
Due from charterers, reserve AllowanceForDoubtfulAccountsReceivableCurrent $1.62M USD Point-in-time
Due from charterers, reserve AllowanceForDoubtfulAccountsReceivableCurrent $1.62M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $30.24M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $30.24M USD Point-in-time
Due from charterers, reserve AllowanceForDoubtfulAccountsReceivableCurrent $1.71M USD Point-in-time
Due from charterers, reserve AllowanceForDoubtfulAccountsReceivableCurrent $1.71M USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $315.00K USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $315.00K USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $315.00K USD Point-in-time
Restricted cash RestrictedCashAndCashEquivalentsAtCarryingValue $315.00K USD Point-in-time
Vessels, accumulated depreciation AccumulatedDepreciationVessels $334.88M USD Point-in-time
Vessels, accumulated depreciation AccumulatedDepreciationVessels $334.88M USD Point-in-time
Due from charterers, net of a reserve of $1,706 and $1,620, respectively AccountsReceivableNetCurrent $21.38M USD Point-in-time
Due from charterers, net of a reserve of $1,706 and $1,620, respectively AccountsReceivableNetCurrent $21.38M USD Point-in-time
Vessels, accumulated depreciation AccumulatedDepreciationVessels $322.81M USD Point-in-time
Vessels, accumulated depreciation AccumulatedDepreciationVessels $322.81M USD Point-in-time
Due from charterers, net of a reserve of $1,706 and $1,620, respectively AccountsReceivableNetCurrent $18.21M USD Point-in-time
Due from charterers, net of a reserve of $1,706 and $1,620, respectively AccountsReceivableNetCurrent $18.21M USD Point-in-time
Deferred drydock, accumulated amortization AccumulatedDepreciationOfDeferredDrydockCosts $34.11M USD Point-in-time
Deferred drydock, accumulated amortization AccumulatedDepreciationOfDeferredDrydockCosts $34.11M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $9.43M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $9.43M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $10.38M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $10.38M USD Point-in-time
Deferred drydock, accumulated amortization AccumulatedDepreciationOfDeferredDrydockCosts $33.61M USD Point-in-time
Deferred drydock, accumulated amortization AccumulatedDepreciationOfDeferredDrydockCosts $33.61M USD Point-in-time
Fixed assets, accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $9.81M USD Point-in-time
Fixed assets, accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $9.81M USD Point-in-time
Fixed assets, accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $10.47M USD Point-in-time
Fixed assets, accumulated depreciation and amortization AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $10.47M USD Point-in-time
Inventories InventoryNet $23.34M USD Point-in-time
Inventories InventoryNet $23.34M USD Point-in-time
Inventories InventoryNet $22.23M USD Point-in-time
Inventories InventoryNet $22.23M USD Point-in-time
Total current assets AssetsCurrent $81.54M USD Point-in-time
Total current assets AssetsCurrent $81.54M USD Point-in-time
Deferred financing costs, noncurrent DeferredFinanceCostsNoncurrentNet $7.83M USD Point-in-time
Deferred financing costs, noncurrent DeferredFinanceCostsNoncurrentNet $7.83M USD Point-in-time
Deferred financing costs, noncurrent DeferredFinanceCostsNoncurrentNet $7.33M USD Point-in-time
Deferred financing costs, noncurrent DeferredFinanceCostsNoncurrentNet $7.33M USD Point-in-time
Total current assets AssetsCurrent $97.99M USD Point-in-time
Total current assets AssetsCurrent $97.99M USD Point-in-time
Vessels, net of accumulated depreciation of $334,881 and $322,807, respectively VesselsNet $907.21M USD Point-in-time
Vessels, net of accumulated depreciation of $334,881 and $322,807, respectively VesselsNet $907.21M USD Point-in-time
Vessels, net of accumulated depreciation of $334,881 and $322,807, respectively VesselsNet $915.02M USD Point-in-time
Vessels, net of accumulated depreciation of $334,881 and $322,807, respectively VesselsNet $915.02M USD Point-in-time
Deferred drydock, net of accumulated amortization of $34,107 and $33,610, respectively DeferredDrydockCostsNet $30.05M USD Point-in-time
Deferred drydock, net of accumulated amortization of $34,107 and $33,610, respectively DeferredDrydockCostsNet $30.05M USD Point-in-time
Deferred drydock, net of accumulated amortization of $34,107 and $33,610, respectively DeferredDrydockCostsNet $36.53M USD Point-in-time
Deferred drydock, net of accumulated amortization of $34,107 and $33,610, respectively DeferredDrydockCostsNet $36.53M USD Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $10,469 and $9,811, respectively PropertyPlantAndEquipmentNet $7.18M USD Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $10,469 and $9,811, respectively PropertyPlantAndEquipmentNet $7.18M 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
Fixed assets, net of accumulated depreciation and amortization of $10,469 and $9,811, respectively PropertyPlantAndEquipmentNet $7.23M USD Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $10,469 and $9,811, respectively PropertyPlantAndEquipmentNet $7.23M 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
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $6.02M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $6.02M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $6.36M USD Point-in-time
Operating lease right-of-use assets OperatingLeaseRightOfUseAsset $6.36M 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
Common stock, shares issued (in shares) CommonStockSharesIssued 42.76M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 42.76M shares Point-in-time
Total noncurrent assets AssetsNoncurrent $956.99M USD Point-in-time
Total noncurrent assets AssetsNoncurrent $956.99M USD Point-in-time
Total noncurrent assets AssetsNoncurrent $958.61M USD Point-in-time
Total noncurrent assets AssetsNoncurrent $958.61M USD Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 42.96M shares Point-in-time
Common stock, shares issued (in shares) CommonStockSharesIssued 42.96M shares Point-in-time
Total assets Assets $1.04B USD Point-in-time
Total assets Assets $1.04B USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 42.96M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 42.96M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 42.76M shares Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 42.76M shares Point-in-time
Total assets Assets $1.06B USD Point-in-time
Total assets Assets $1.06B USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $34.49M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $34.49M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $39.34M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $39.34M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $5.34M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $5.34M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $4.67M USD Point-in-time
Deferred revenue ContractWithCustomerLiabilityCurrent $4.67M USD Point-in-time
Current operating lease liabilities OperatingLeaseLiabilityCurrent $907.00K USD Point-in-time
Current operating lease liabilities OperatingLeaseLiabilityCurrent $907.00K USD Point-in-time
Current operating lease liabilities OperatingLeaseLiabilityCurrent $1.50M USD Point-in-time
Current operating lease liabilities OperatingLeaseLiabilityCurrent $1.50M USD Point-in-time
Total current liabilities: LiabilitiesCurrent $40.66M USD Point-in-time
Total current liabilities: LiabilitiesCurrent $40.66M USD Point-in-time
Total current liabilities: LiabilitiesCurrent $45.59M USD Point-in-time
Total current liabilities: LiabilitiesCurrent $45.59M USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $5.62M USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $5.62M USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $5.54M USD Point-in-time
Long-term operating lease liabilities OperatingLeaseLiabilityNoncurrent $5.54M USD Point-in-time
Long-term debt, net of deferred financing costs of $7,332 and $7,825, respectively LongTermDebtNoncurrent $82.17M USD Point-in-time
Long-term debt, net of deferred financing costs of $7,332 and $7,825, respectively LongTermDebtNoncurrent $82.17M USD Point-in-time
Long-term debt, net of deferred financing costs of $7,332 and $7,825, respectively LongTermDebtNoncurrent $82.67M USD Point-in-time
Long-term debt, net of deferred financing costs of $7,332 and $7,825, respectively LongTermDebtNoncurrent $82.67M USD Point-in-time
Total noncurrent liabilities LiabilitiesNoncurrent $87.71M USD Point-in-time
Total noncurrent liabilities LiabilitiesNoncurrent $87.71M USD Point-in-time
Total noncurrent liabilities LiabilitiesNoncurrent $88.28M USD Point-in-time
Total noncurrent liabilities LiabilitiesNoncurrent $88.28M USD Point-in-time
Total liabilities Liabilities $128.37M USD Point-in-time
Total liabilities Liabilities $128.37M USD Point-in-time
Total liabilities Liabilities $133.88M USD Point-in-time
Total liabilities Liabilities $133.88M USD Point-in-time
Commitments and contingencies (Note 15) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 15) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 15) CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies (Note 15) CommitmentsAndContingencies - USD Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 42,949,464 and 42,757,895 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively CommonStockValue $427.00K USD Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 42,949,464 and 42,757,895 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively CommonStockValue $427.00K USD Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 42,949,464 and 42,757,895 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively CommonStockValue $429.00K USD Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 42,949,464 and 42,757,895 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively CommonStockValue $429.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.48B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.48B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.49B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $1.49B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-564.72M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-564.72M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-576.64M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-576.64M USD Point-in-time
Total Genco Shipping & Trading Limited shareholders' equity StockholdersEquity $903.21M USD Point-in-time
Total Genco Shipping & Trading Limited shareholders' equity StockholdersEquity $903.21M USD Point-in-time
Total Genco Shipping & Trading Limited shareholders' equity StockholdersEquity $926.74M USD Point-in-time
Total Genco Shipping & Trading Limited shareholders' equity StockholdersEquity $926.74M USD Point-in-time
Noncontrolling interest MinorityInterest $1.45M USD Point-in-time
Noncontrolling interest MinorityInterest $1.45M USD Point-in-time
Noncontrolling interest MinorityInterest $1.49M USD Point-in-time
Noncontrolling interest MinorityInterest $1.49M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $914.65M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $914.65M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $928.23M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $928.23M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $904.65M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $904.65M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $916.63M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $916.63M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.06B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.06B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.04B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $1.04B USD Point-in-time
Income Statement 88 line items
Line Item Tag Value Unit Period
Nonvested stock amortization expense ShareBasedCompensation $1.38M USD 1 Quarter
Nonvested stock amortization expense ShareBasedCompensation $1.38M USD 1 Quarter
Nonvested stock amortization expense ShareBasedCompensation $1.50M USD 1 Quarter
Nonvested stock amortization expense ShareBasedCompensation $1.50M USD 1 Quarter
Total revenues Revenues $117.44M USD 1 Quarter
Total revenues Revenues $117.44M USD 1 Quarter
Total revenues Revenues $71.27M USD 1 Quarter
Total revenues Revenues $71.27M USD 1 Quarter
Voyage expenses VoyageExpenses $27.35M USD 1 Quarter
Voyage expenses VoyageExpenses $27.35M USD 1 Quarter
Voyage expenses VoyageExpenses $37.20M USD 1 Quarter
Voyage expenses VoyageExpenses $37.20M USD 1 Quarter
Vessel operating expenses DirectOperatingCosts $25.93M USD 1 Quarter
Vessel operating expenses DirectOperatingCosts $25.93M USD 1 Quarter
Vessel operating expenses DirectOperatingCosts $24.92M USD 1 Quarter
Vessel operating expenses DirectOperatingCosts $24.92M USD 1 Quarter
Charter hire expenses CharterHireExpense $2.29M USD 1 Quarter
Charter hire expenses CharterHireExpense $2.29M 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 $1,496 and $1,382, respectively) GeneralAndAdministrativeExpense $7.49M USD 1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $1,496 and $1,382, respectively) GeneralAndAdministrativeExpense $7.49M USD 1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $1,496 and $1,382, respectively) GeneralAndAdministrativeExpense $7.66M USD 1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $1,496 and $1,382, 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 $1.32M USD 1 Quarter
Technical management expenses TechnicalManagementFees $1.32M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $17.22M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $17.22M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $17.66M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $17.66M USD 1 Quarter
Net loss on sale of vessels GainLossOnDispositionOfAssets $-978.00K USD 1 Quarter
Net 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 $81.04M USD 1 Quarter
Total operating expenses CostsAndExpenses $81.04M USD 1 Quarter
Total operating expenses CostsAndExpenses $95.34M USD 1 Quarter
Total operating expenses CostsAndExpenses $95.34M USD 1 Quarter
Operating (loss) income OperatingIncomeLoss $22.09M USD 1 Quarter
Operating (loss) income OperatingIncomeLoss $22.09M USD 1 Quarter
Operating (loss) income OperatingIncomeLoss $-9.77M USD 1 Quarter
Operating (loss) income OperatingIncomeLoss $-9.77M USD 1 Quarter
Other (expense) income OtherNonoperatingIncomeExpense $-13.00K USD 1 Quarter
Other (expense) income OtherNonoperatingIncomeExpense $-13.00K USD 1 Quarter
Other (expense) income OtherNonoperatingIncomeExpense $66.00K USD 1 Quarter
Other (expense) income OtherNonoperatingIncomeExpense $66.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $824.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $824.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $370.00K USD 1 Quarter
Interest income InvestmentIncomeInterest $370.00K USD 1 Quarter
Interest expense InterestExpenseNonoperating $4.04M USD 1 Quarter
Interest expense InterestExpenseNonoperating $4.04M USD 1 Quarter
Interest expense InterestExpenseNonoperating $2.55M USD 1 Quarter
Interest expense InterestExpenseNonoperating $2.55M USD 1 Quarter
Other expense, net NonoperatingIncomeExpense $-3.15M USD 1 Quarter
Other expense, net NonoperatingIncomeExpense $-3.15M USD 1 Quarter
Other expense, net NonoperatingIncomeExpense $-2.19M USD 1 Quarter
Other expense, net NonoperatingIncomeExpense $-2.19M USD 1 Quarter
Net (loss) income ProfitLoss $18.94M USD 1 Quarter
Net (loss) income ProfitLoss $18.94M USD 1 Quarter
Net (loss) income ProfitLoss $-11.96M USD 1 Quarter
Net (loss) income ProfitLoss $-11.96M USD 1 Quarter
Less: Net (loss) income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-39.00K USD 1 Quarter
Less: Net (loss) income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $-39.00K USD 1 Quarter
Less: Net (loss) income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $145.00K USD 1 Quarter
Less: Net (loss) income attributable to noncontrolling interest NetIncomeLossAttributableToNoncontrollingInterest $145.00K USD 1 Quarter
Net (loss) income attributable to Genco Shipping & Trading Limited NetIncomeLoss $18.80M USD 1 Quarter
Net (loss) income attributable to Genco Shipping & Trading Limited NetIncomeLoss $18.80M USD 1 Quarter
Net (loss) income attributable to Genco Shipping & Trading Limited NetIncomeLoss $-11.92M USD 1 Quarter
Net (loss) income attributable to Genco Shipping & Trading Limited NetIncomeLoss $-11.92M USD 1 Quarter
Net (loss) earnings per share-basic EarningsPerShareBasic $0.44 USD 1 Quarter
Net (loss) earnings per share-basic EarningsPerShareBasic $0.44 USD 1 Quarter
Net (loss) earnings per share-basic EarningsPerShareBasic $-0.28 USD 1 Quarter
Net (loss) earnings per share-basic EarningsPerShareBasic $-0.28 USD 1 Quarter
Net (loss) earnings per share-diluted EarningsPerShareDiluted $-0.28 USD 1 Quarter
Net (loss) earnings per share-diluted EarningsPerShareDiluted $-0.28 USD 1 Quarter
Net (loss) earnings per share-diluted EarningsPerShareDiluted $0.43 USD 1 Quarter
Net (loss) earnings per share-diluted EarningsPerShareDiluted $0.43 USD 1 Quarter
Weighted average common shares outstanding-basic WeightedAverageNumberOfSharesOutstandingBasic 43.20M shares 1 Quarter
Weighted average common shares outstanding-basic WeightedAverageNumberOfSharesOutstandingBasic 43.20M 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 43.20M shares 1 Quarter
Weighted average common shares outstanding-diluted WeightedAverageNumberOfDilutedSharesOutstanding 43.20M 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 112 line items
Line Item Tag Value Unit Period
Net (loss) income ProfitLoss $18.94M USD 1 Quarter
Net (loss) income ProfitLoss $18.94M USD 1 Quarter
Net (loss) income ProfitLoss $-11.96M USD 1 Quarter
Net (loss) income ProfitLoss $-11.96M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $17.22M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $17.22M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $17.66M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $17.66M USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $493.00K USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $493.00K 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 $334.00K USD 1 Quarter
Right-of-use asset amortization OperatingLeaseRightOfUseAssetAmortizationExpense $334.00K 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
Amortization of nonvested stock compensation expense ShareBasedCompensation $1.50M USD 1 Quarter
Amortization of nonvested stock compensation expense ShareBasedCompensation $1.50M USD 1 Quarter
Net loss on sale of vessels GainLossOnDispositionOfAssets $-978.00K USD 1 Quarter
Net 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
Insurance proceeds for protection and indemnity claims ProceedsFromInsuranceProtectionAndIndemnityClaims $5.00K USD 1 Quarter
Insurance proceeds for protection and indemnity claims ProceedsFromInsuranceProtectionAndIndemnityClaims $5.00K 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
Insurance proceeds for loss of hire claims ProceedsFromInsuranceForLossOfHireClaims $6.00K USD 1 Quarter
Insurance proceeds for loss of hire claims ProceedsFromInsuranceForLossOfHireClaims $6.00K USD 1 Quarter
Decrease (increase) in due from charterers IncreaseDecreaseInAccountsReceivable $-3.17M USD 1 Quarter
Decrease (increase) in due from charterers IncreaseDecreaseInAccountsReceivable $-3.17M USD 1 Quarter
Decrease (increase) in due from charterers IncreaseDecreaseInAccountsReceivable $4.07M USD 1 Quarter
Decrease (increase) in due from charterers IncreaseDecreaseInAccountsReceivable $4.07M USD 1 Quarter
Decrease in prepaid expenses and other current assets IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets $-651.00K USD 1 Quarter
Decrease in prepaid expenses and other current assets IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets $-651.00K USD 1 Quarter
Decrease in prepaid expenses and other current assets IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets $-317.00K USD 1 Quarter
Decrease in prepaid expenses and other current assets IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets $-317.00K USD 1 Quarter
Increase in inventories IncreaseDecreaseInInventories $1.10M USD 1 Quarter
Increase in inventories IncreaseDecreaseInInventories $1.10M USD 1 Quarter
Increase in inventories IncreaseDecreaseInInventories $3.89M USD 1 Quarter
Increase in inventories IncreaseDecreaseInInventories $3.89M USD 1 Quarter
Increase in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $3.74M USD 1 Quarter
Increase in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $3.74M USD 1 Quarter
Increase in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $5.83M USD 1 Quarter
Increase in accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $5.83M USD 1 Quarter
Increase (decrease) in deferred revenue IncreaseDecreaseInContractWithCustomerLiability $680.00K USD 1 Quarter
Increase (decrease) in deferred revenue IncreaseDecreaseInContractWithCustomerLiability $680.00K USD 1 Quarter
Increase (decrease) in deferred revenue IncreaseDecreaseInContractWithCustomerLiability $-3.07M USD 1 Quarter
Increase (decrease) in deferred revenue IncreaseDecreaseInContractWithCustomerLiability $-3.07M 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 $-519.00K USD 1 Quarter
Decrease in operating lease liabilities IncreaseDecreaseInOperatingLeaseLiabilities $-519.00K USD 1 Quarter
Deferred drydock costs incurred DeferredDrydockCostsIncurred $11.41M USD 1 Quarter
Deferred drydock costs incurred DeferredDrydockCostsIncurred $11.41M USD 1 Quarter
Deferred drydock costs incurred DeferredDrydockCostsIncurred $2.19M USD 1 Quarter
Deferred drydock costs incurred DeferredDrydockCostsIncurred $2.19M 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 $2.90M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $2.90M USD 1 Quarter
Purchase of vessels and ballast water treatment systems, including deposits PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits $2.85M USD 1 Quarter
Purchase of vessels and ballast water treatment systems, including deposits PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits $2.85M 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 $240.00K USD 1 Quarter
Purchase of other fixed assets PaymentsToAcquirePropertyPlantAndEquipment $240.00K USD 1 Quarter
Purchase of other fixed assets PaymentsToAcquirePropertyPlantAndEquipment $652.00K USD 1 Quarter
Purchase of other fixed assets PaymentsToAcquirePropertyPlantAndEquipment $652.00K 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 $581.00K USD 1 Quarter
Insurance proceeds for hull and machinery claims ProceedsFromInsuranceForHullAndMachineryClaims $581.00K 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 (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $17.49M USD 1 Quarter
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $17.49M USD 1 Quarter
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-2.92M USD 1 Quarter
Net cash (used in) provided by investing activities NetCashProvidedByUsedInInvestingActivities $-2.92M USD 1 Quarter
Repayments of secured debt RepaymentsOfLongTermLinesOfCredit $30.00M USD 1 Quarter
Repayments of secured debt RepaymentsOfLongTermLinesOfCredit $30.00M USD 1 Quarter
Cash dividends paid PaymentsOfDividendsCommonStock $13.43M USD 1 Quarter
Cash dividends paid PaymentsOfDividendsCommonStock $13.43M 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 $-13.43M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-13.43M 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 (decrease) increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $1.82M USD 1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $1.82M USD 1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-13.45M USD 1 Quarter
Net (decrease) increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-13.45M 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 $44.01M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $44.01M 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 beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $30.56M USD Point-in-time
Cash, cash equivalents and restricted cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $30.56M 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 $44.01M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $44.01M 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
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $30.56M USD Point-in-time
Cash, cash equivalents and restricted cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $30.56M USD Point-in-time
Stockholders Equity 34 line items
Line Item Tag Value Unit Period
Dividends declared per share CommonStockDividendsPerShareDeclared $0.30 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.30 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.41 USD 1 Quarter
Dividends declared per share CommonStockDividendsPerShareDeclared $0.41 USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $914.65M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $914.65M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $928.23M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $928.23M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $904.65M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $904.65M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $916.63M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $916.63M USD Point-in-time
Net (loss) income ProfitLoss $18.94M USD 1 Quarter
Net (loss) income ProfitLoss $18.94M USD 1 Quarter
Net (loss) income ProfitLoss $-11.96M USD 1 Quarter
Net (loss) income ProfitLoss $-11.96M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-527.00K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-527.00K USD 1 Quarter
Cash dividends declared AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings $17.81M USD 1 Quarter
Cash dividends declared AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings $17.81M USD 1 Quarter
Cash dividends declared AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings $13.11M USD 1 Quarter
Cash dividends declared AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings $13.11M USD 1 Quarter
Nonvested stock amortization AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.50M USD 1 Quarter
Nonvested stock amortization AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.50M USD 1 Quarter
Nonvested stock amortization AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.38M USD 1 Quarter
Nonvested stock amortization AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.38M USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $914.65M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $914.65M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $928.23M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $928.23M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $904.65M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $904.65M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $916.63M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $916.63M USD Point-in-time
Comprehensive Income 18 line items
Line Item Tag Value Unit Period
Net (loss) income ProfitLoss $18.94M USD 1 Quarter
Net (loss) income ProfitLoss $18.94M USD 1 Quarter
Net (loss) income ProfitLoss $-11.96M USD 1 Quarter
Net (loss) income ProfitLoss $-11.96M USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-527.00K USD 1 Quarter
Other comprehensive loss OtherComprehensiveIncomeLossNetOfTax $-527.00K USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $18.42M USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $18.42M USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-11.96M USD 1 Quarter
Comprehensive (loss) income ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-11.96M USD 1 Quarter
Less: Comprehensive (loss) income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-39.00K USD 1 Quarter
Less: Comprehensive (loss) income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-39.00K USD 1 Quarter
Less: Comprehensive (loss) income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $145.00K USD 1 Quarter
Less: Comprehensive (loss) income attributable to noncontrolling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $145.00K USD 1 Quarter
Comprehensive (loss) income attributable to Genco Shipping & Trading Limited ComprehensiveIncomeNetOfTax $18.27M USD 1 Quarter
Comprehensive (loss) income attributable to Genco Shipping & Trading Limited ComprehensiveIncomeNetOfTax $18.27M USD 1 Quarter
Comprehensive (loss) income attributable to Genco Shipping & Trading Limited ComprehensiveIncomeNetOfTax $-11.92M USD 1 Quarter
Comprehensive (loss) income attributable to Genco Shipping & Trading Limited ComprehensiveIncomeNetOfTax $-11.92M USD 1 Quarter

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

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