Genco Shipping & Trading

GNK

Market cap $1.03B

NEW YORK, April 15, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company's results for the first quarter of 2026 on Thursday, May 7, 2026 at 8:30 a.m. Eastern Time.

Investors with an interest in Transportation - Shipping stocks have likely encountered both Navigator Holdings (NVGS) and Genco Shipping & Trading (GNK). But which of these two stocks is more attractive to value investors?

NEW YORK, April 13, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S.-headquartered drybulk shipowner focused on the global transportation of commodities, today issued the following statement regarding Diana Shipping Inc.'s (“Diana”) letter to Genco shareholders:

Genco Shipping has strong operating leverage to freight rates, with earnings closely tied to dry bulk cycles and spot market exposure. Freight rates may see near-term support from geopolitical disruptions and limited vessel supply, yet weak commodity demand caps growth potential. GNK's valuation appears about 16% overvalued on EV/EBITDA, but an 8% dividend yield partially offsets limited near-term potential negative price returns.

Learn More at  www.GencoDrivesSuperiorReturns.com NEW YORK, April 07, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S.-headquartered drybulk shipowner focused on the global transportation of commodities, today announced it has launched www.GencoDrivesSuperiorReturns.com to provide shareholders with important information on Genco's comprehensive value strategy, the Company's strong corporate governance practices and the risks associated with the attempt by Diana Shipping Inc. (“Diana”) to take over Genco. The website provides clear and compelling information, including: Details on Genco's comprehensive value strategy, which has returned $292 million to shareholders in dividends since April 2021 and generated total shareholder returns (TSR) of 247% over the past five years, more than triple the S&P 500 TSR of 76% and far exceeding Diana's TSR of 53% over the same period;1 Highlights of Genco's strong and leading governance practices, including being the only U.S.-listed drybulk company with no related party transactions; Background of Genco's qualified and engaged Board of Directors, whose extensive industry and leadership experience are critical to the continued successful execution of the Company's low-leverage, high dividend strategy; Analysis of the significant risks to Genco shareholders of Diana's attempt to takeover Genco through an inadequate acquisition proposal and proxy fight to replace the Board; and Actions shareholders can take to protect their Genco investment.

Comprehensive Value Strategy Delivering Strong Results and Returns for Shareholders Diana Shipping's Proposal Substantially Undervalues Genco and Fails to Provide Appropriate Premium to Shareholders for Control of the Company Replacing the Board with Diana Shipping's Nominees Puts Shareholders' Investment and Value at Risk Genco Shareholders Do Not Need to Take Any Action at This Time NEW YORK, March 30, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S.-headquartered drybulk shipowner focused on the global transportation of commodities, today sent a letter to Genco shareholders highlighting the steps the Board and leadership team are taking to drive sustainable, long-term shareholder value. Highlights from the letter include: Genco continues to deliver on its value strategy, which includes generating substantial returns for shareholders, expanding its earnings power with investments in high quality modern vessels and fortifying its balance sheet.

Reflects Strategic Action to Expand Premium Earning Asset Base and Increase Earnings Power and Dividend Capacity Reflects Strategic Action to Expand Premium Earning Asset Base and Increase Earnings Power and Dividend Capacity

NEW YORK, March 20, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today issued the following statement:

GNK rides on fleet expansion, strong liquidity and shareholder payouts, fueling a 65% surge and bullish outlook as earnings estimates climb.

Here is how Genco Shipping & Trading (GNK) and International Seaways (INSW) have performed compared to their sector so far this year.