GENCO SHIPPING & TRADING LTD

corporate_fare Company Profile

GENCO SHIPPING & TRADING LTD

GNK·NYSE·Energy & Transportation·CIK 0001326200

Genco Shipping & Trading Limited engages in the global ocean transportation of drybulk cargoes. The company operates through two segments: major bulk and minor bulk fleet. It owns and operates dry bulk vessels that transport iron ore, grains, coal, steel products, and other drybulk cargoes. Genco Shipping & Trading Limited charters its vessels primarily to trading houses, including commodities traders, producers, and government-owned entities. The company was incorporated in 2004 and is headquartered in New York, New York.

GENCO SHIPPING & TRADING LTD (NYSE:GNK) is a publicly traded company in the Energy & Transportation sector. Wiseek monitors GNK SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

Activist Investor Diana Shipping Launches Proxy Fight to Replace Genco Board and Force Strategic Review (2026-03-23)
Diana Shipping Escalates Genco Takeover Bid, Announces Proxy Contest After Rejection (2026-03-20)
Genco Shipping Rejects Diana's $23.50 Takeover Bid, Citing Undervaluation and Risks (2026-03-19)
Genco Shipping Rejects Diana's $23.50/Share Takeover Bid, Citing Undervaluation and 'Fire Sale' Vessel Plan (2026-03-19)
Genco Shipping Confirms Revised Takeover Bid from Diana Shipping at $23.50/Share (2026-03-06)

Financial Snapshot

Fiscal year ended December 31, 2025

Net Income

-$4.5M

Source: 10-K · filed 2026-04-30 · accession 0001140361-26-018263

show_chartPrice Chart

Loading chart...

feed GNK - Filings & News (Page 8)

Filing Type

Date Range

GNK

Mar 23, 2026, 4:15 PM EDT

Filing Type: PREC14A

Importance Score:

Activist Investor Diana Shipping Launches Proxy Fight to Replace Genco Board and Force Strategic Review

Price at Filing: $22.26

Real-time Price: $25.39

Change: +$3.13 (+14%)

Market Cap: $1.106B

Sentiment: Neutral

View Wiseek Article

GNK

Mar 20, 2026, 4:02 PM EDT

Filing Type: DFAN14A

Importance Score:

Diana Shipping Escalates Genco Takeover Bid, Announces Proxy Contest After Rejection

Price at Filing: $21.41

Real-time Price: $25.39

Change: +$3.98 (+19%)

Market Cap: $1.106B

Sentiment: Positive

View Wiseek Article

GNK

Mar 19, 2026, 8:11 AM EDT

Filing Type: DEFA14A

Importance Score:

Genco Shipping Rejects Diana's $23.50 Takeover Bid, Citing Undervaluation and Risks

Price at Filing: $22.69

Real-time Price: $25.39

Change: +$2.70 (+12%)

Market Cap: $1.106B

Sentiment: Neutral

View Wiseek Article

GNK

Mar 19, 2026, 8:00 AM EDT

Source: GlobeNewswire

Importance Score:

Genco Shipping Rejects Diana's $23.50/Share Takeover Bid, Citing Undervaluation and 'Fire Sale' Vessel Plan

Price at Filing: $22.69

Real-time Price: $25.39

Change: +$2.70 (+12%)

Market Cap: $1.106B

Sentiment: Neutral

View Wiseek Article

GNK

Mar 06, 2026, 4:31 PM EST

Filing Type: DEFA14A

Importance Score:

Genco Shipping Confirms Revised Takeover Bid from Diana Shipping at $23.50/Share

Price at Filing: $22.57

Real-time Price: $25.39

Change: +$2.82 (+12%)

Market Cap: $1.106B

Sentiment: Neutral

View Wiseek Article

GNK

Mar 06, 2026, 4:30 PM EST

Filing Type: DFAN14A

Importance Score:

Diana Shipping Increases Genco Acquisition Offer to $23.50/Share with Fully Committed Financing

Price at Filing: $22.57

Real-time Price: $25.39

Change: +$2.82 (+12%)

Market Cap: $1.106B

Sentiment: Positive

View Wiseek Article

GNK

Mar 06, 2026, 1:48 PM EST

Source: Dow Jones Newswires

Importance Score:

Diana Offers $23.50/Share Cash to Acquire Genco Shipping & Trading

Price at Filing: $21.96

Real-time Price: $25.39

Change: +$3.43 (+16%)

Market Cap: $1.106B

Sentiment: Positive

View Wiseek Article

GNK

Mar 05, 2026, 4:43 PM EST

Source: Wiseek News

Importance Score:

Genco Shipping Upsizes Credit Facility by $80M to $680M for Fleet Expansion

Price at Filing: $23.16

Real-time Price: $25.39

Change: +$2.23 (+10%)

Market Cap: $1.106B

Sentiment: Positive

View Wiseek Article

GNK

Mar 05, 2026, 4:42 PM EST

Filing Type: 8-K

Importance Score:

Genco Shipping Upsizes Revolving Credit Facility by $80M to $680M for New Vessel Acquisitions

Price at Filing: $23.16

Real-time Price: $25.39

Change: +$2.23 (+10%)

Market Cap: $1.106B

Sentiment: Positive

View Wiseek Article

GNK

Feb 18, 2026, 5:01 PM EST

Filing Type: 10-K

Importance Score:

Genco Shipping Reports Sharp Profit Decline, Swings to Net Loss in 2025 Annual Report

Price at Filing: $22.93

Real-time Price: $25.39

Change: +$2.46 (+11%)

Market Cap: $1.106B

Sentiment: Negative

View Wiseek Article

GNK

Feb 17, 2026, 5:26 PM EST

Filing Type: 8-K

Importance Score:

Genco Shipping Reports Strong Q4, Declares Multi-Year High Dividend, and Expands Fleet Amidst Activist Pressure

Price at Filing: $22.52

Real-time Price: $25.39

Change: +$2.87 (+13%)

Market Cap: $1.106B

Sentiment: Positive

View Wiseek Article

GNK

Feb 13, 2026, 8:12 AM EST

Filing Type: 8-K

Importance Score:

Genco Shipping Approves Retention Plan Amidst Activist Battle

Price at Filing: $21.52

Real-time Price: $25.39

Change: +$3.87 (+18%)

Market Cap: $1.106B

Sentiment: Negative

View Wiseek Article

GNK

Jan 29, 2026, 4:57 PM EST

Filing Type: DFAN14A

Importance Score:

Diana Shipping Intensifies Proxy Fight, Reaffirms $20.60/Share Genco Acquisition Proposal

Price at Filing: $20.75

Real-time Price: $25.39

Change: +$4.64 (+22%)

Market Cap: $1.106B

Sentiment: Negative

View Wiseek Article

GNK

Jan 16, 2026, 5:07 PM EST

Filing Type: SCHEDULE 13D/A

Importance Score:

Activist Investor Diana Shipping Nominates Six Directors, Escalating Proxy Fight for Genco Shipping

Price at Filing: $19.35

Real-time Price: $25.39

Change: +$6.04 (+31%)

Market Cap: $1.106B

Sentiment: Positive

View Wiseek Article

GNK

Jan 16, 2026, 2:47 PM EST

Filing Type: DEFA14A

Importance Score:

Genco Shipping Responds to Diana Shipping's Hostile Bid to Replace Entire Board Amidst Acquisition Dispute

Price at Filing: $19.10

Real-time Price: $25.39

Change: +$6.29 (+33%)

Market Cap: $1.106B

Sentiment: Neutral

View Wiseek Article

GNK

Jan 16, 2026, 11:36 AM EST

Filing Type: DFAN14A

Importance Score:

Diana Shipping Nominates Six Directors to Genco Board, Pushing for $20.60/Share Acquisition

Price at Filing: $19.14

Real-time Price: $25.39

Change: +$6.25 (+33%)

Market Cap: $1.106B

Sentiment: Positive

View Wiseek Article

GNK

Jan 13, 2026, 6:13 PM EST

Filing Type: SCHEDULE 13D/A

Importance Score:

Genco Shipping Rejects Diana Shipping's $20.60/Share Buyout Offer, Proposes Acquiring Diana Instead

Price at Filing: $19.29

Real-time Price: $25.39

Change: +$6.10 (+32%)

Market Cap: $1.106B

Sentiment: Neutral

View Wiseek Article

corporate_fare Company Profile