Thursday, September 16, 2021

Bulker Rates May Go Parabolic Says Genco CEO

By Alex Longley (Bloomberg) An owner of commodity hauling freighters said rates for the ships are close to the point of spiking sharply higher and mirroring

September 16, 2021
Total Views: 2038

Thursday, October 13, 2016
Maritime News

Peter Georgiopoulos Unexpectedly Resigns as Chairman of Genco Shipping

NYSE-listed dry bulk shipowner Genco Shipping & Trading has announced the resignation of its Chairman of the Board, Peter C. Georgiopoulos, effective

October 13, 2016
Total Views: 288

Wednesday, April 8, 2015
Maritime News

Drybulk Shippers Genco and Baltic Trading Agree to Merge

Drybulk shipping company Genco Shipping & Trading Limited (OTCBB: GSKNF) and its subsidiary Baltic Trading Limited (NYSE: BALT) announced a definitive

April 8, 2015
Total Views: 9

Wednesday, July 2, 2014
Genco Tiberius shipping capesize

U.S. Judge Clears Way for Genco Shipping to Exit Bankruptcy

A U.S. bankruptcy judge said on Wednesday he will approve Genco Shipping & Trading Ltd's plan to exit its Chapter 11 bankruptcy after he overruled objections

July 2, 2014
Total Views: 2

Tuesday, June 24, 2014
Genco Tiberius shipping capesize
Maritime News

Genco Takes On Shareholders as Shipper Looks to Exit Bankruptcy

Lawyers for bankrupt Genco Shipping & Trading Ltd on Tuesday insisted the dry bulk shipper is not being undervalued during the closing of a trial pitting the

June 24, 2014
Total Views: 4

Thursday, June 12, 2014
Genco Tiberius shipping capesize
Maritime News

Genco Pushes Restructuring Plan over Equity Holders’ Opposition

Genco Shipping & Trading on Thursday defended its proposed plan to exit bankruptcy on the first day of a trial over accusations by shareholders that it is

June 12, 2014
Total Views: 504

Monday, April 21, 2014
Genco Tiberius shipping capesize

Genco Shipping Files for Bankruptcy

By Dawn McCarty April 21 (Bloomberg) — Peter Georgiopoulos’s Genco Shipping & Trading Ltd., an operator of dry-bulk cargo ships, filed for

April 21, 2014
Total Views: 167

Monday, April 7, 2014
port hole ship

A Porthole of an Exit Window for Shipping Investments?

After a year where large vessels such as capesize bulkers and supertankers were barely earning break-even day rates, momentum has since picked up in the

April 7, 2014
Total Views: 16

Friday, April 4, 2014
Genco Tiberius shipping capesize
Maritime News

Genco Reaches Bankruptcy Restructuring Deal

April 4 (Reuters) – Genco Shipping & Trading Ltd will cut its debt by more than $1 billion by giving control of the company to its lenders in a

April 4, 2014
Total Views: 7

Wednesday, February 19, 2014

Genco Taps Blackstone After Missing Bond Payment

Genco Shipping & Trading Ltd. hired Blackstone Advisory Partners LP to explore a debt restructuring after the operator of dry-bulk cargo ships missed a $3.1

February 19, 2014
Total Views: 9