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Genco Shipping and Trading

#6557

Rank

$551.17M

Marketcap

US United States

Country

Genco Shipping and Trading
Leadership team

Mr. John C. Wobensmith (CEO, Pres, Sec. & Director)

Mr. Apostolos Zafolias (CFO & Exec. VP of Fin.)

Captain Robert E. Hughes (Chief Operations Officer)

Products/ Services
Professional Services, Shipping, Trading Platform
Number of Employees
1,000 - 20,000
Headquarters
New York, New York, United States
Established
2004
Company Registration
SEC CIK number: 0001326200
Net Income
100M - 500M
Revenue
500M - 1B
Traded as
GNK
Overview
Location
Summary
Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company owns and operates dry bulk carrier vessels to transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of December 31, 2021, the company fleet consisted of 44 dry bulk carriers, including 17 Capesize, 15 Ultramax, and 12 Supramax with an aggregate capacity of approximately 4,636,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York.
History

Genco Shipping & Trading Limited was founded in 2003, when the Greek entrepreneur John Coustas merged six separate shipping companies into one.

Mission
Genco Shipping & Trading Limited seeks to develop a global presence in the shipping industry and to provide outstanding customer service to shippers and consumers alike.
Vision
Genco Shipping & Trading Limited is committed to becoming a market leader in the shipping industry and to setting the standards for excellence in service, efficiency, and cost-effectiveness.
Key Team

Mr. Joseph Adamo (Chief Accounting Officer, Controller & Treasurer)

Mr. Peter Allen C.F.A. (Sr. VP of Strategy & Fin.)

Mr. Ivo Kempenaer (VP, Commercial Director & Head of Major Bulks)

Recognition and Awards
Genco Shipping & Trading Limited has been recognized for its innovative use of technology, its commitment to environmental stewardship, and its dedication to safety and compliance. The company has received numerous awards and accolades over the years, including the 2018 Lloyd’s List Americas Awards' Innovation of the Year Award and the Transport Transactions 2018 Maritime Logistics Award
References

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Genco Shipping and Trading
Leadership team

Mr. John C. Wobensmith (CEO, Pres, Sec. & Director)

Mr. Apostolos Zafolias (CFO & Exec. VP of Fin.)

Captain Robert E. Hughes (Chief Operations Officer)

Products/ Services
Professional Services, Shipping, Trading Platform
Number of Employees
1,000 - 20,000
Headquarters
New York, New York, United States
Established
2004
Company Registration
SEC CIK number: 0001326200
Net Income
100M - 500M
Revenue
500M - 1B
Traded as
GNK