Genco Shipping and Trading Company Description
Marine transportation company Genco Shipping & Trading transports dry cargo in a wet environment. The company maintains a fleet of about 30 oceangoing dry bulk carriers, which it charters mainly on long-term contracts to shippers of bulk commodities and marine transportation companies. Its fleet has an overall capacity of about 2 million deadweight tons (DWT). Genco Shipping's vessels transport cargo such as coal, grain, iron ore, and steel products. Customers have included shippers such as BHP Billiton and Cargill and shipping lines such as Lauritzen Bulkers and NYK.
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The Company Description provides a historical perspective of Genco Shipping and Trading's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Genco Shipping and Trading's evolution in the marketplace.
