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.