Genco Shipping Advances Fleet Renewal Strategy

Capt. John

Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, has acquired an additional 2016-built 181,000 dwt scrubber-fitted Capesize vessel, the Genco Reliance, for a purchase price of $43.0 million. The Company took delivery of the Genco Reliance, as well as the previously announced Capesize acquisition, the Genco Ranger, during the last week of November 2023.

Fleet Renewal Strategy

Genco also announced that it has...

https://mfame.guru/genco-shipping-advances-fleet-renewal-strategy/

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon