- Genco Shipping & Trading Limited closed financing for scrubber installations on 17 of its Capesize vessels.
- Amendment made to its USD 460 million credit facility to provide an added tranche of up to USD 35 million, that can cover up to 90% of the scrubber related expenses.
- The company recorded a net income of USD 18.3 million in the 4th quarter of 2018, compared to an income of USD 2.5 million seen in the same quarter of 2017.
- Net revenue totaled USD 75.6 million during the three-month period...
http://mfame.guru/genco-secures-additional-financing-for-scrubber-installations/