Genco Shipping & Trading Limited
(NYSE:GNK)

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company, through the ownership and operation of dry bulk carrier vessels, transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charter...

Website: http://www.gencoshipping.com

Founded: 2004

Full Time Employees: 1,255

Sector: Industrials

Industry: Marine Shipping

Industrials Marine Shipping

Share this website to your friends

• Market Cap:

• Exchange:

• Shs Outstanding:

• Employees:

• Beta:

• Return on Equity (ROE) ttm:

• Return on Assets (ROA) ttm:

• EPS ttm:

• Book value per Share:

• Cash per Share:

• Current ast per Share:

• P/E ttm:

• P/E forward:

• P/E ttm high:

• P/E ttm low:

• P/S ttm:

• P/B ttm:

• P/FCF ttm:

• PEG ratio:

• Cash Ratio ttm:

• Quick Ratio ttm:

• Current Ratio ttm:

• Gross Mgn ttm:

• EBITDA Mgn ttm:

• Operating Mgn ttm:

• Net Income Mgn ttm:

• Trailing Div yield:

• Forward Div yield:

• Payout Ratio ttm:

• Ex-Dividend date:

• Target Price High:

• Target Price Low:

• Target Price Mean:

• Number of Analysts:

• Debt Ratio ttm:

• Debt to Equity ttm:

• Total Net Debt:

At a glance:

Bull Thesis:

Bear Thesis:

Main Competitors:

Moat:

Income Statements:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-07-09	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-07-09	2016-06-30	2016-03-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-07-09	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-05-07	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31

revenues:
voyage revenues	109,924,000	79,921,000	80,939,000	71,269,000	99,202,000	99,332,000	107,047,000	117,435,000	115,516,000	83,361,000	90,556,000	94,391,000	126,973,000	135,970,000	137,764,000	136,227,000	183,278,000	155,252,000	121,008,000	87,591,000	95,494,000	87,524,000	74,206,000	98,336,000	108,706,000	103,776,000	83,550,000	93,464,000	112,186,000	92,263,000	86,157,000	76,916,000	74,918,000	51,161,000		45,370,000	38,249,000	43,785,000	37,871,000		31,460,000	20,131,000	49,167,000	33,772,000	33,609,000	180,236,000	43,943,000	43,943,000	51,545,000	63,180,000	80,957,000	58,605,000	44,941,000	39,676,000	48,419,000	53,603,000	62,112,000	59,025,000	96,315,000	93,484,000	98,511,000	100,619,000	129,862,000	117,558,000
total revenues	109,924,000	79,921,000	80,939,000	71,269,000	99,202,000	99,332,000	107,047,000	117,435,000	115,516,000	83,361,000	90,556,000	94,391,000	126,973,000	135,970,000	137,764,000	136,227,000	183,278,000	155,252,000	121,008,000	87,591,000	95,494,000	87,524,000	74,206,000	98,336,000	108,706,000	103,776,000	83,550,000	93,464,000	112,186,000	92,263,000	86,157,000	76,916,000	74,918,000	51,161,000		45,370,000	38,249,000	43,885,000	38,887,000		31,874,000	20,942,000	49,995,000	34,591,000	34,419,000	182,765,000	44,699,000	44,699,000	52,364,000	63,990,000	81,785,000	59,433,000	45,760,000	40,486,000	49,247,000	54,431,000	62,931,000	59,844,000	97,143,000	94,312,000	99,330,000	101,429,000	130,649,000	118,020,000
yoy	10.81%	-19.54%	-24.39%	-39.31%	-14.12%	19.16%	18.21%	24.41%	-9.02%	-38.69%	-34.27%	-30.71%	-30.72%	-12.42%	13.85%	55.53%	91.93%	77.38%	63.07%	-10.93%	-12.15%	-15.66%	-11.18%	5.21%	-3.10%	12.48%	-3.03%	21.51%	49.75%	80.34%		69.53%	95.87%	16.58%			20.00%	109.55%	-22.22%		-7.39%	-88.54%	11.85%	-22.61%	-34.27%	185.61%	-45.35%	-24.79%	14.43%	58.05%	66.07%	9.19%	-27.29%	-32.35%	-49.30%	-42.29%	-36.64%	-41.00%	-25.65%	-20.09%
qoq	37.54%	-1.26%	13.57%	-28.16%	-0.13%	-7.21%	-8.85%	1.66%	38.57%	-7.95%	-4.06%	-25.66%	-6.62%	-1.30%	1.13%	-25.67%	18.05%	28.30%	38.15%	-8.28%	9.11%	17.95%	-24.54%	-9.54%	4.75%	24.21%	-10.61%	-16.69%	21.59%	7.09%	12.01%	2.67%	46.44%			18.62%	-12.84%	12.85%			52.20%	-58.11%	44.53%	0.50%	-81.17%	308.88%	0.00%	-14.64%	-18.17%	-21.76%	37.61%	29.88%	13.03%	-17.79%	-9.52%	-13.51%	5.16%	-38.40%	3.00%	-5.05%	-2.07%	-22.37%	10.70%
operating expenses:
voyage expenses	31,152,000	24,810,000	32,005,000	27,354,000	31,255,000	28,232,000	30,273,000	37,200,000	42,449,000	34,256,000	28,830,000	37,435,000	43,469,000	39,496,000	32,460,000	38,464,000	36,610,000	37,797,000	36,702,000	35,074,000	33,435,000	33,487,000	41,695,000	48,368,000	45,254,000	42,967,000	41,800,000	43,022,000	36,304,000	31,475,000	25,983,000	21,093,000	15,578,000	5,550,000		951,000	3,241,000	3,995,000	2,262,000		3,074,000	3,896,000	6,638,000	3,757,000	4,380,000	5,711,000	2,335,000	2,335,000	1,983,000	1,956,000	1,694,000	2,212,000	2,867,000	1,272,000	1,910,000	2,693,000	995,000	1,410,000	1,862,000	1,702,000		968,000	1,265,000	1,447,000	1,018,000	737,000	1,002,000	1,284,000	1,579,000	1,900,000	1,748,000	724,000	744,000	-4,240,000	1,853,000	1,017,000	1,413,000	1,413,000	1,490,000	1,056,000	1,060,000	1,104,000
vessel operating expenses	25,486,000	24,391,000	23,747,000	24,916,000	23,882,000	24,847,000	26,977,000	25,932,000	25,368,000	24,746,000	22,586,000	24,393,000	20,902,000	22,090,000	29,463,000	27,013,000	22,467,000	21,788,000	18,789,000	19,046,000	21,088,000	23,460,000	21,058,000	21,813,000	23,949,000	24,711,000	24,358,000	23,190,000	24,785,000	25,155,000	23,720,000	23,767,000	24,219,000	25,131,000		23,852,000	24,884,000	27,511,000	28,460,000		28,538,000	29,127,000	31,544,000	29,928,000	28,672,000	84,423,000	27,248,000	27,248,000	30,545,000	31,223,000	30,271,000	27,515,000	26,766,000	27,119,000	28,696,000	28,272,000	29,516,000	27,834,000	29,120,000	26,133,000	25,465,000	24,795,000	26,504,000	21,425,000	16,160,000	14,887,000	14,766,000	13,268,000	14,202,000	13,515,000	11,509,000	11,187,000	10,919,000	-19,395,000	6,702,000	6,445,000	6,389,000	6,389,000	5,881,000	5,757,000	4,706,000	4,559,000
charter hire expenses	1,533,000	106,000	2,035,000	2,285,000	1,837,000	1,267,000	2,455,000	3,510,000	2,404,000	2,026,000	1,040,000	3,664,000	7,497,000	6,952,000	5,044,000	7,638,000	13,965,000	8,644,000	8,325,000	5,435,000	4,780,000	1,020,000	1,432,000	3,075,000	3,436,000	5,475,000	4,849,000	2,419,000	303,000	723,000	509,000
general and administrative expenses	8,278,000	7,584,000	7,399,000	7,494,000	8,321,000	6,831,000	6,320,000	7,664,000	7,001,000	6,585,000	6,933,000	7,750,000	7,374,000	5,911,000	6,381,000	6,043,000	6,838,000	5,659,000	5,854,000	6,102,000	4,913,000	5,115,000	5,471,000	5,767,000	6,263,000	6,144,000	5,799,000	6,310,000	6,380,000	5,033,000	6,510,000	5,218,000	5,640,000	5,889,000		5,752,000	4,909,000																														3,782,000	4,101,000	3,893,000	4,052,000	4,133,000	4,431,000	4,411,000	-9,529,000	3,395,000	3,052,000	3,195,000	3,195,000	2,074,000	2,055,000	2,304,000	2,449,000
technical management expenses	1,377,000	1,265,000	1,231,000	1,325,000	1,347,000	1,005,000	1,260,000	1,031,000
depreciation and amortization	21,135,000	19,298,000	18,133,000	17,665,000	17,727,000	16,620,000	17,096,000	17,223,000	16,703,000	17,026,000	16,791,000	15,944,000	16,028,000	15,582,000	14,521,000	14,059,000	14,822,000	14,200,000	13,769,000	13,441,000	15,549,000	16,115,000	15,930,000	17,574,000	18,292,000	18,184,000	18,271,000	18,076,000	18,371,000	17,269,000	16,450,000	16,886,000	17,582,000	17,836,000		18,185,000	18,173,000	18,178,000	18,127,000		19,686,000	20,339,000	20,124,000	19,399,000	19,410,000	123,387,000	17,356,000	17,356,000	36,538,000	36,201,000	36,421,000	35,222,000	34,722,000	34,378,000	35,109,000	35,038,000	34,491,000	34,425,000	34,719,000	34,378,000	34,025,000	33,081,000	34,572,000	29,998,000	26,259,000	24,834,000	22,297,000	20,933,000	20,949,000	19,942,000	18,840,000	16,748,000	15,864,000	-22,357,000	8,159,000	7,433,000	7,186,000	7,186,000	7,340,000	6,681,000	6,540,000	6,417,000
impairment of vessel assets			651,000			961,000	5,634,000		13,617,000	28,102,000											74,225,000	21,896,000		112,814,000	1,315,000	12,182,000	13,897,000				184,000	56,402,000		18,654,000		3,339,000					67,594,000	1,685,000			35,396,000
net gain on sale of vessels					225,000	-4,465,000	-13,206,000
other operating expense							3,924,000	1,804,000
total operating expenses	90,891,000	77,454,000	85,201,000	81,039,000	84,594,000	75,298,000	80,733,000	95,342,000	108,479,000	113,714,000	77,529,000	89,948,000	96,202,000	90,792,000	88,569,000	94,134,000	90,096,000	89,878,000	84,759,000	81,282,000	156,646,000	103,190,000	87,310,000	211,751,000	101,145,000	111,548,000	110,859,000	94,346,000	86,213,000	80,174,000	75,306,000	125,314,000	64,943,000	74,943,000		52,607,000	46,819,000	62,519,000	59,002,000		132,640,000	67,902,000	85,289,000	80,785,000	108,182,000	232,235,000	62,135,000	62,135,000	78,916,000	84,756,000	77,753,000	72,820,000	72,835,000	70,960,000	75,443,000	74,625,000	73,364,000	72,365,000	73,194,000	70,972,000	67,714,000	67,695,000	70,561,000	60,186,000	50,395,000	46,255,000	42,725,000	40,449,000	41,502,000	93,911,000	36,942,000	33,755,000	6,383,000	-53,076,000	20,523,000	18,340,000	14,959,000	14,959,000	17,177,000	15,902,000	14,957,000	14,876,000
operating income	19,033,000	2,467,000	-4,262,000	-9,770,000	14,608,000	24,034,000	26,314,000	22,093,000	7,037,000	-30,353,000	13,027,000	4,443,000	30,771,000	45,178,000	49,195,000	42,093,000	93,182,000	65,374,000	36,249,000	6,309,000	-61,152,000	-15,666,000	-13,104,000	-113,415,000	7,561,000	-7,772,000	-27,309,000	-882,000	25,973,000	12,089,000	10,851,000	-48,398,000	9,975,000	-23,782,000		-7,237,000	-8,570,000	-18,634,000	-20,115,000		-100,766,000										4,032,000	-13,387,000							23,949,000	23,340,000	31,616,000	33,734,000	60,088,000	57,834,000	54,942,000	48,426,000	50,224,000	53,252,000	55,148,000	7,661,000	70,615,000	70,817,000	85,286,000	-64,734,000	25,107,000	18,507,000	22,261,000	22,261,000	18,539,000	16,740,000	17,346,000	17,696,000
yoy	30.29%	-89.74%	-116.20%	-144.22%	107.59%	-179.18%	102.00%	397.25%	-77.13%	-167.19%	-73.52%	-89.44%	-66.98%	-30.89%	35.71%	567.19%	-252.38%	-517.30%	-376.63%	-105.56%	-908.78%	101.57%	-52.02%	12758.84%	-70.89%	-164.29%	-351.67%	-98.18%	160.38%	-150.83%		568.76%	-216.39%	27.63%			-91.50%																						-60.14%	-59.64%	-42.46%	-30.34%	19.64%	8.60%	-0.37%	532.11%	-28.88%	-24.80%	-35.34%	-111.83%	181.26%	282.65%	283.12%	-390.80%	35.43%	10.56%	28.34%	25.80%
qoq	671.50%	-157.88%	-56.38%	-166.88%	-39.22%	-8.66%	19.11%	213.95%	-123.18%	-333.00%	193.20%	-85.56%	-31.89%	-8.17%	16.87%	-54.83%	42.54%	80.35%	474.56%	-110.32%	290.35%	19.55%	-88.45%	-1600.00%	-197.29%	-71.54%	2996.26%	-103.40%	114.85%	11.41%	-122.42%	-585.19%	-141.94%			-15.55%	-54.01%	-7.36%													-130.12%								2.61%	-26.18%	-6.28%	-43.86%	3.90%	5.26%	13.46%	-3.58%	-5.69%	-3.44%	619.85%	-89.15%	-0.29%	-16.97%	-231.75%	-357.83%	35.66%	-16.86%	0.00%	20.08%	10.75%	-3.49%	-1.98%
operating margin %	17.31%	3.09%	-5.27%	-13.71%	14.73%	24.20%	24.58%	18.81%	6.09%	-36.41%	14.39%	4.71%	24.23%	33.23%	35.71%	30.90%	50.84%	42.11%	29.96%	7.20%	-64.04%	-17.90%	-17.66%	-115.33%	6.96%	-7.49%	-32.69%	-0.94%	23.15%	13.10%	12.59%	-62.92%	13.31%	-46.48%	NaN%	-15.95%	-22.41%	-42.46%	-51.73%	NaN%	-316.14%	0%	0%	0%	0%	0%	0%	0%	0%	0%	4.93%	-22.52%	0%	0%	0%	0%	0%	0%	24.65%	24.75%	31.83%	33.26%	45.99%	49.00%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%
other income:
other expense	-181,000	-104,000	-232,000	-2,192,000	-10,290,000	-239,000	-2,821,000	-3,150,000	-1,930,000	-1,511,000	-1,486,000	-1,583,000	-1,945,000	-4,130,000	-1,570,000	-228,000	-2,291,000	-8,242,000	-4,212,000	-4,324,000	-4,769,000	-5,432,000	-5,100,000	-6,935,000	-6,678,000	-6,819,000	-7,167,000	-6,919,000	-7,689,000	-6,381,000	-11,971,000	-85,000	-7,405,000	-7,400,000		-50,000	-65,000	-5,950,250	-6,899,000												-18,000	-45,000
interest income	484,000	388,000	243,000	370,000	684,000	749,000	721,000	824,000	790,000	588,000	520,000	770,000	665,000	292,000	68,000	17,000	10,000	25,000	48,000	71,000	80,000	101,000	253,000	594,000	803,000	892,000	1,073,000	1,327,000	1,058,000	1,062,000	887,000	794,000	545,000	494,000		338,000	173,000	35,750	49,000		33,000	62,000	22,000	25,000	24,000	56,000	19,000	19,000	25,000	20,000	26,000	14,000	16,000	18,000	26,000	49,000	148,000	155,000	113,000	167,000	163,000	172,000	172,000	189,000	248,000	76,000	104,000	42,000	23,000	148,000	634,000	422,000	552,000	694,250	823,000	888,000	1,066,000	1,066,000	520,000	827,000	684,000	569,000
interest expense	-4,002,000	-3,151,000	-2,558,000	-2,549,000	-2,835,000	-2,970,000	-3,452,000	-4,040,000	-2,622,000	-1,999,000	-2,131,000	-2,029,000	-2,171,000	-2,276,000	-2,405,000	-2,242,000	-2,402,000	-3,943,000	-4,470,000	-4,541,000	-4,898,000	-5,097,000	-5,473,000	-6,945,000	-7,459,000	-7,797,000	-8,124,000	-8,575,000	-8,842,000	-7,656,000	-8,469,000	-8,124,000	-7,938,000	-7,857,000		-7,564,000	-7,138,000	-5,299,750	-7,073,000		-7,013,000										-22,294,000	-23,079,000															-16,042,000	-15,376,000	-13,948,000	-17,156,000	-12,031,000	-11,615,000	-11,787,000	-4,413,750	-10,085,000	-4,080,000	-3,490,000	-3,490,000	-1,714,750	-2,468,000	-2,229,000	-2,163,000
loss on debt extinguishment		-678,000																-4,408,000													-4,533,000
net income	15,334,000	-1,078,000	-6,809,000	-11,962,000	12,486,000	21,574,000	23,493,000	18,943,000	5,107,000	-31,864,000	11,541,000	2,860,000	28,826,000	41,048,000	47,625,000	41,865,000	90,891,000	57,132,000	32,037,000	1,985,000	-65,921,000	-21,098,000	-18,204,000	-120,350,000	883,000	-14,591,000	-34,476,000	-7,801,000	18,284,000	5,708,000	-1,120,000	-55,813,000	2,570,000	-31,182,000		-14,513,000	-15,600,000	-25,105,000	-27,514,000		-110,653,000										-19,155,000	-36,976,000							1,650,000	1,417,000	9,828,000	12,171,000	37,546,000	38,105,000	38,658,000	33,101,000	34,271,000	37,617,000	41,241,000	-111,304,000	62,999,000	60,899,000	73,987,000	-48,971,000	16,320,000	13,721,000	19,837,000	19,837,000	16,518,000	12,904,000	17,522,000	16,578,000
yoy	22.81%	-105.00%	-128.98%	-163.15%	144.49%	-167.71%	103.56%	562.34%	-82.28%	-177.63%	-75.77%	-93.17%	-68.29%	-28.15%	48.66%	2009.07%	-237.88%	-370.79%	-275.99%	-101.65%	-7565.57%	44.60%	-47.20%	1442.75%	-95.17%	-355.62%	2978.21%	-86.02%	611.44%	-118.31%		284.57%	-116.47%	24.21%			-85.90%																						-95.61%	-96.28%	-74.58%	-63.23%	9.56%	1.30%	-6.26%	-129.74%	-45.60%	-38.23%	-44.26%	127.29%	286.02%	343.84%	272.97%	-346.87%	-1.20%	6.33%	13.21%	19.66%
qoq	-1522.45%	-84.17%	-43.08%	-195.80%	-42.12%	-8.17%	24.02%	270.92%	-116.03%	-376.09%	303.53%	-90.08%	-29.77%	-13.81%	13.76%	-53.94%	59.09%	78.33%	1513.95%	-103.01%	212.45%	15.90%	-84.87%	-13729.67%	-106.05%	-57.68%	341.94%	-142.67%	220.32%	-609.64%	-97.99%	-2271.71%	-108.24%			-6.97%	-37.86%	-8.76%													-48.20%								16.44%	-85.58%	-19.25%	-67.58%	-1.47%	-1.43%	16.79%	-3.41%	-8.89%	-8.79%	-137.05%	-276.68%	3.45%	-17.69%	-251.08%	-400.07%	18.94%	-30.83%	0.00%	20.09%	28.01%	-26.36%	5.69%
net income margin %	13.95%	-1.35%	-8.41%	-16.78%	12.59%	21.72%	21.95%	16.13%	4.42%	-38.22%	12.74%	3.03%	22.70%	30.19%	34.57%	30.73%	49.59%	36.80%	26.48%	2.27%	-69.03%	-24.11%	-24.53%	-122.39%	0.81%	-14.06%	-41.26%	-8.35%	16.30%	6.19%	-1.30%	-72.56%	3.43%	-60.95%	NaN%	-31.99%	-40.79%	-57.21%	-70.75%	NaN%	-347.16%	0%	0%	0%	0%	0%	0%	0%	0%	0%	-23.42%	-62.21%	0%	0%	0%	0%	0%	0%	1.70%	1.50%	9.89%	12.00%	28.74%	32.29%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	-Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%	Infinity%
less: net income attributable to noncontrolling interest	-77,000	-25,000	-8,000	-39,000	-191,000	115,000	26,000	145,000	169,000	140,000	-21,000	226,000	149,000	220,000	243,000	176,000																																															2,738,000	1,878,000	1,899,000
net income attributable to genco shipping & trading limited	15,411,000	-1,053,000	-6,801,000	-11,923,000	12,677,000	21,459,000	23,467,000	18,798,000	4,938,000	-32,004,000	11,562,000	2,634,000	28,677,000	40,828,000	47,382,000	41,689,000																									-110,653,000							-18,290,000							-45,639,000	-38,449,000		-33,071,000	306,000	1,562,000	10,090,000	13,426,000	34,808,000	36,227,000	36,759,000	33,450,000
net earnings per share-basic	0.36	-0.02	-0.16	-0.28	0.29	0.5			0.12	-0.75						0.99	2.16	1.36	0.76	0.05					-0.34	-0.35			-0.343	0.14																		-0.3
net earnings per share-diluted	0.36	-0.02	-0.16	-0.28	0.29	0.49			0.12	-0.75						0.97	2.13	1.34	0.75	0.05					-0.34	-0.35			-0.343	0.14																		-0.3
weighted-average common shares outstanding-basic	43,373,304	43,414,340	43,350,232	43,201,941	43,054,459	43,108,844	43,073,440	42,918,248	42,766,262	42,816,045	42,786,918	42,632,059	42,412,722	42,529,865	42,385,423	42,166,106	42,060,996	42,095,211	42,071,019	41,973,782	41,907,597	41,928,682	41,900,901	41,866,357	41,762,893	41,749,200	41,742,301	41,726,106	38,382,599	41,618,187	35,516,058	34,577,990	34,242,631	34,469,998		34,430,766	33,495,738		7,245,268		7,221,735	72,187,954	69,824,338	60,487,189	60,430,789			60,299,766		43,568,942	43,249,070	43,231,510		43,161,510	41,727,075	42,885,810		38,090,590	35,179,244	35,157,110	35,150,352	35,142,110	32,987,449	33,998,923	31,413,874	31,405,798	31,295,916	31,268,394	31,260,482	30,290,016	31,423,483	29,750,309	28,733,928		25,336,587	25,312,593	25,308,953	25,308,953		25,288,695	25,263,481	25,260,000
weighted-average common shares outstanding-diluted	43,373,304	43,414,340	43,350,232	43,201,941	43,650,499	43,656,385	43,664,447	43,606,580	42,766,262	42,816,045	43,134,152	43,097,362	42,915,496	42,881,541	42,996,676	42,867,349	42,588,871	42,750,836	42,612,132	42,276,380	41,907,597	41,928,682	41,900,901	41,866,357	41,762,893	41,749,200	41,742,301	41,726,106	38,382,599	41,821,008	35,516,058	34,577,990	34,242,631	34,469,998		34,430,766	33,495,738		7,245,268		7,221,735	72,187,954	69,824,338	60,487,189	60,430,789			60,299,766		43,568,942	43,249,070	43,231,510		43,161,510	41,727,075	42,885,810		38,090,590	35,258,205	35,212,840	35,204,649	35,218,699	35,891,373	38,718,886	31,562,879	31,543,465	31,473,369	31,434,814	31,351,390	30,452,850	31,610,262	29,957,698	28,914,350		25,481,948	25,456,413	25,421,480	25,421,480		25,371,882	25,337,024	25,304,448
net loss on sale of vessels
other income				-13,000			-90,000	66,000	-98,000	-100,000	125,000	-324,000	-439,000	-2,146,000	767,000	1,997,000	101,000	84,000	210,000	146,000	49,000	-436,000	120,000	-584,000	-22,000	86,000	107,000	329,000	95,000	213,000	144,000		-12,000	-37,000				-30,251,000	125,000		-50,000				11,000	1,750	7,000	7,000						19,000			20,000			31,000						29,000	-15,000	-301,000	18,000	-118,965,000	-7,616,000	-9,918,000	-11,299,000	15,763,000	-8,787,000	-4,786,000	-2,424,000	-2,424,000	-2,021,000	-3,836,000	176,000	-1,118,000
earnings per share-basic							0.54	0.44			0.27	0.06	0.67	0.96	1.12																																												0.01	0.04	0.29	0.38	0.98	1.07	1.17	1.07	1.1	1.2	1.32	-3.74	2	2.05	2.57	0.493	0.64	0.54	0.78	0.78	0.465	0.51	0.69	0.66
earnings per share-diluted							0.54	0.43			0.27	0.06	0.67	0.95	1.1																																												0.01	0.04	0.29	0.38	0.88	0.99	1.16	1.06	1.09	1.2	1.32	-3.72	1.99	2.03	2.56	0.49	0.64	0.54	0.78	0.78	0.465	0.51	0.69	0.66
loss on sale of vessels								978,000									-5,818,000	159,000	15,000	720,000	1,011,000	358,000		486,000												-1,343,000		19,250			77,000			1,210,000
technical management fees									937,000	973,000	1,349,000	762,000	932,000	761,000	700,000	917,000	1,212,000	1,631,000	1,305,000	1,464,000	1,645,000	1,739,000	1,724,000	1,854,000	1,857,000	1,885,000	1,885,000	1,940,000	2,074,000	2,028,000	1,950,000	1,948,000	1,924,000	1,883,000		1,871,000	1,981,000
impairment of right-of-use asset																											-223,000
net income per share																					-1.57	-0.5	-0.43	-2.87			-0.83	-0.19			-0.03	-1.61	0.09	-0.9		-0.42	-0.47	-3.38	-3.8		-15.32	-0.75	-0.95	-0.67	-0.64				-1.39	-0.9	-0.44	-0.81	-1.05	-1.12	-1.07	-0.9		-0.87

gain on sale of vessels																									-152,750			-611,000	-2,004,000	-1,509,000							-6,369,000
income before income taxes																												-7,801,000	18,284,000	5,708,000	-1,120,000	-55,813,000	2,570,000	-31,182,000		-14,513,000	-15,600,000	-47,971,500	-27,097,000		-110,557,000										-18,254,000	-36,497,000							1,994,000	1,745,000	10,183,000
income tax expense																																						57,000	-417,000		-96,000										-901,000	-479,000
service revenues																																						100,000	1,016,000		414,000	811,000	828,000	819,000	810,000	2,529,000	756,000	756,000	819,000	810,000	828,000	828,000	819,000	810,000	828,000	828,000	819,000	819,000	828,000	828,000	819,000	810,000	787,000	462,000
other operating income																																						-778,000			-182,000
impairment of investment																																						-674,000			-2,696,000
loss before reorganization items																																	2,570,000	-31,182,000		-14,513,000	-15,600,000	-47,910,750	-27,014,000
reorganization items																																						-29,000	-83,000		-65,000
general, administrative and management fees																																						9,215,250	10,153,000		13,853,000	12,855,000	26,983,000	26,491,000	20,324,000																					5,797,000
less: net loss attributable to noncontrolling interest																																																			20,000	-1,942,000
net loss attributable to genco shipping & trading limited																																						-48,163,000	-27,514,000			-54,483,000	-66,625,000	-40,332,000	-38,442,000				-60,524,000	-39,105,000	-32,141,500	-35,034,000	-45,369,000	-48,163,000
income before reorganization items																																									-110,492,000
other (expense) income:
other (expense) income
dividends declared per share																																																																						1	1
general, administrative, and management fees																																														3,873,000	15,492,000	15,492,000	9,850,000	15,376,000	6,135,750	7,871,000	8,480,000	8,191,000	6,420,000	8,622,000	8,362,000	8,696,000	6,477,000	8,759,000	8,298,000	8,851,000	5,069,000	7,316,000	7,164,000
(loss) income before income taxes
net (loss) income
net (loss) income attributable to genco shipping & trading limited																																														-129,451,000	-18,290,000										-27,741,000
net (loss) earnings per share-basic																																														-0.075	-0.3
net (loss) earnings per share-diluted																																														-0.075	-0.3
weighted average common shares outstanding-basic																																														43,249,070	60,299,766		43,568,942				43,196,895				42,878,228
weighted average common shares outstanding-diluted																																														43,249,070	60,299,766		43,568,942				43,196,895				42,878,228
net (loss) income per share-basic																																																									-0.65
net (loss) income per share-diluted																																																									-0.65
net income before income taxes																																																														12,530,000	27,762,250	38,572,000	39,377,000
revenues																																																																	105,337,000	94,681,000	92,949,000	93,701,000	96,650,000	101,572,000	107,557,000	104,572,000	91,669,000	-117,810,000	45,630,000	36,847,000	37,220,000	37,220,000	35,716,000	32,642,000	32,303,000	32,572,000
management fees																																																																			878,000	863,000	879,000	737,000	712,000	665,000	672,000	-1,130,000	414,000	393,000	351,000	351,000	392,000	353,000	347,000	347,000
gain on sale of vessel																																																																						-6,556,750			-26,227,000	-893,750			-3,575,000	-3,575,000
income from investments
see accompanying notes to consolidated financial statements.
income from short-term investments																																																																						1,750,250	4,410,000	2,590,000
income from derivative instruments																																																																						1,935,000	-629,000	-1,315,000	-64,000	-279,750	475,000	-1,594,000			500	-2,195,000	1,721,000	476,000

Balance Sheets:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-03-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31

assets
current assets:
cash and cash equivalents	55,540,000	89,951,000	35,439,000	30,243,000	43,690,000	46,665,000	42,033,000	48,364,000	46,542,000	46,259,000	47,934,000	44,439,000	58,142,000	65,532,000	44,669,000	43,113,000	114,573,000	80,172,000	116,280,000	123,191,000	143,872,000	136,233,000	127,722,000	134,338,000	155,889,000	165,876,000	165,121,000	187,713,000	197,499,000	165,724,000	269,996,000	172,775,000	174,479,000	152,511,000	147,153,000	138,873,000	75,604,000	44,478,000	61,648,000	68,783,000	83,414,000	106,620,000	57,720,000	92,408,000	122,722,000	109,492,000	69,555,000	55,049,000	72,600,000	87,778,000	246,018,000	246,683,000	227,968,000	291,785,000	286,230,000	275,466,000	270,877,000	264,867,000	196,139,000	405,483,000	188,267,000	243,757,000	228,764,000	175,785,000	142,455,000	95,964,000	48,295,000	71,496,000	51,238,000	67,798,000	87,158,000	73,554,000	65,599,000	59,962,000	54,894,000	46,912,000
restricted cash			315,000	315,000	315,000	315,000	315,000	315,000		5,643,000	5,643,000	5,643,000	5,643,000	5,643,000	5,643,000	5,643,000	5,643,000		44,606,000	40,519,000	35,492,000	24,227,000	14,855,000	14,855,000	6,045,000			4,947,000	4,947,000			5,447,000	7,234,000	8,593,000	8,335,000	7,871,000	19,500,000	9,750,000	9,750,000	9,750,000	9,750,000	9,850,000	9,975,000	9,975,000	9,850,000	9,850,000	9,850,000	9,850,000	10,150,000	10,150,000	9,750,000	9,750,000	9,750,000	9,750,000	9,750,000	9,750,000		12,000,000	12,000,000	17,500,000	17,500,000	17,000,000
due from charterers, net of a reserve of 519 and 1,620, respectively	14,284,000
prepaid expenses and other current assets	14,053,000	7,823,000	8,650,000	9,432,000	10,375,000	10,860,000	8,304,000	9,076,000	10,154,000	10,162,000	10,420,000	10,393,000	8,399,000	10,817,000	9,237,000	11,186,000	9,935,000	9,544,000	11,057,000	13,149,000	10,856,000	9,014,000	8,705,000	10,865,000	10,049,000	9,996,000	9,200,000	9,213,000	10,449,000	10,072,000	7,371,000	9,878,000	22,671,000	22,611,000	22,433,000	16,233,000	20,492,000	22,505,000	22,616,000	25,920,000	22,423,000	25,240,000	23,312,000	26,275,000	19,065,000	18,390,000	21,047,000	20,327,000	18,146,000	17,020,000	17,318,000	20,587,000	17,709,000	16,080,000	16,179,000	16,390,000	14,010,000	15,174,000	12,103,000	11,642,000	10,184,000	12,955,000	16,338,000	16,907,000	14,458,000	12,079,000	11,560,000	9,374,000	7,691,000	6,504,000	6,175,000	4,643,000	4,287,000	3,788,000	2,444,000	2,574,000
inventories	25,187,000	21,547,000	20,474,000	23,337,000	22,234,000	24,918,000	24,407,000	30,638,000	26,749,000	27,567,000	22,962,000	25,029,000	21,601,000	32,181,000	31,740,000	23,337,000	24,563,000	23,722,000	26,441,000	24,148,000	21,583,000	21,159,000	23,034,000	29,342,000	27,208,000	22,982,000	29,325,000	30,625,000	29,548,000	29,980,000	23,064,000	19,894,000
total current assets	109,064,000	133,262,000	78,972,000	81,538,000	97,990,000	127,471,000	135,920,000	146,184,000	157,272,000	111,522,000	110,682,000	107,244,000	125,430,000	145,763,000	120,146,000	105,140,000	174,830,000	142,471,000	220,094,000	227,880,000	247,202,000	222,428,000	210,938,000	227,533,000	223,195,000	241,064,000	219,364,000	249,763,000	270,451,000	237,308,000	322,282,000	221,280,000	217,239,000	194,583,000	184,354,000	173,651,000	123,969,000	90,872,000	108,470,000	116,819,000	130,326,000	157,320,000	103,007,000	140,096,000	165,878,000	152,512,000	111,398,000	97,367,000	102,460,000	113,414,000	274,292,000	278,509,000	259,365,000	318,934,000	311,269,000	299,535,000	293,681,000	304,566,000	233,916,000	437,055,000	218,068,000	275,125,000	247,232,000	193,839,000	220,815,000	270,895,000	221,803,000	267,594,000	316,271,000	208,491,000	94,318,000	88,118,000	70,103,000	64,311,000	57,644,000	49,705,000
noncurrent assets:
vessels, net of accumulated depreciation of 372,525 and 322,807, respectively	939,327,000
deposits on vessels	14,585,000	6,527,000															18,543,000	17,702,000	21,638,000												885,000							10,183,000	19,926,000	19,237,000	25,593,000	31,396,000	28,634,000	17,175,000	1,013,000									3,446,000	6,885,000	10,160,000	13,718,000	31,576,000	85,171,000	35,674,000		30,608,000	91,556,000	91,016,000	173,482,000	197,666,000	119,358,000	149,017,000	195,691,000				8,125,000
deferred drydock, net of accumulated amortization of 29,389 and 33,610, respectively	62,389,000
fixed assets, net of accumulated depreciation and amortization of 12,521 and 9,811, respectively	7,492,000
operating lease right-of-use assets	5,251,000	5,351,000	5,688,000	6,024,000	6,358,000	1,516,000	1,889,000	2,260,000	2,628,000	2,994,000	3,357,000	3,718,000	4,078,000	4,435,000	4,790,000	5,144,000	5,495,000	5,845,000	6,192,000	6,538,000	6,882,000	7,225,000	7,565,000	7,904,000	8,241,000	8,576,000	8,910,000	9,425,000
total noncurrent assets	1,029,044,000	974,339,000	961,278,000	956,992,000	958,612,000	917,027,000	922,054,000	971,622,000	984,630,000	983,475,000	1,024,711,000	1,036,656,000	1,048,436,000	1,059,970,000	1,065,997,000	1,062,362,000	1,028,172,000	1,034,294,000	962,371,000	952,463,000	985,607,000	1,095,119,000	1,143,628,000	1,153,433,000	1,305,697,000	1,320,900,000	1,345,080,000	1,356,407,000	1,357,019,000	1,394,966,000	1,185,816,000	1,231,287,000	1,303,720,000	1,321,900,000	1,357,365,000	1,377,780,000	1,520,130,000	1,557,345,000	1,561,130,000	1,578,000,000	1,622,587,000	1,769,279,000	2,725,679,000	2,762,088,000	2,791,376,000	2,685,212,000	2,666,262,000	2,705,823,000	2,740,911,000	2,781,159,000	2,799,847,000	2,836,500,000	2,859,912,000	2,860,439,000	2,876,651,000	2,891,172,000	2,889,027,000	2,838,988,000	2,349,385,000	2,133,224,000	2,118,734,000	2,021,015,000	1,837,028,000	1,840,046,000	1,810,132,000	1,680,801,000	1,524,970,000	1,385,678,000	1,022,076,000	481,065,000	483,024,000	490,144,000	432,274,000	436,652,000	438,392,000	440,253,000
total assets	1,138,108,000	1,107,601,000	1,040,250,000	1,038,530,000	1,056,602,000	1,044,498,000	1,057,974,000	1,117,806,000	1,141,902,000	1,094,997,000	1,135,393,000	1,143,900,000	1,173,866,000	1,205,733,000	1,186,143,000	1,167,502,000	1,203,002,000	1,176,765,000	1,182,465,000	1,180,343,000	1,232,809,000	1,317,547,000	1,354,566,000	1,380,966,000	1,528,892,000	1,561,964,000	1,564,444,000	1,606,170,000	1,627,470,000	1,632,274,000	1,508,098,000	1,452,567,000	1,520,959,000	1,516,483,000	1,541,719,000	1,551,431,000	1,644,099,000	1,648,217,000	1,669,600,000	1,694,819,000	1,752,913,000	1,926,599,000	2,828,686,000	2,902,184,000	2,957,254,000	2,837,724,000	2,777,660,000	2,803,190,000	2,843,371,000	2,894,573,000	3,074,139,000	3,115,009,000	3,119,277,000	3,179,373,000	3,187,920,000	3,190,707,000	3,182,708,000	3,143,554,000	2,583,301,000	2,570,279,000	2,336,802,000	2,296,140,000	2,084,260,000	2,033,885,000	2,030,947,000	1,951,696,000	1,746,773,000	1,653,272,000	1,338,347,000	689,556,000	577,342,000	578,262,000	502,377,000	500,963,000	496,036,000	489,958,000
liabilities and equity
current liabilities:
accounts payable and accrued expenses	36,843,000	51,656,000	44,688,000	39,343,000	34,492,000	32,937,000	27,961,000	31,296,000	24,245,000	27,428,000	19,042,000	26,975,000	29,475,000	38,831,000	41,183,000	25,800,000	29,956,000	24,138,000	27,256,000	24,402,000	22,793,000	22,973,000	24,071,000	34,170,000	49,604,000	41,145,000	33,151,000	24,137,000	29,143,000	33,084,000	26,392,000	24,339,000	23,230,000	22,531,000	20,355,000	18,742,000	22,939,000	33,899,000	33,132,000	29,817,000	28,217,000	36,949,000	39,527,000	35,605,000	27,359,000	24,495,000	25,629,000	23,833,000	23,667,000	25,150,000	24,679,000	24,463,000	30,712,000	27,449,000	26,152,000	26,986,000	31,790,000	32,271,000	21,090,000	20,142,000	18,609,000	21,175,000	18,619,000	18,322,000	20,431,000	16,617,000	16,376,000	17,514,000	12,046,000	9,838,000	8,557,000	7,784,000	6,709,000	5,891,000	5,909,000	5,978,000
deferred revenue	8,826,000	4,701,000	3,556,000	5,345,000	4,665,000	5,886,000	7,569,000	5,679,000	8,746,000	6,534,000	7,945,000	5,029,000	4,958,000	14,464,000	5,789,000	10,133,000	10,081,000	14,441,000	9,375,000	7,389,000	8,421,000	8,318,000	4,368,000	7,818,000	6,627,000	6,325,000	8,263,000	4,497,000	6,404,000	10,231,000	6,399,000	5,104,000	4,722,000	2,632,000	1,648,000	1,516,000	906,000	1,016,000	1,398,000	1,837,000	1,397,000	893,000	1,151,000	1,588,000	1,597,000	1,422,000	1,337,000	1,088,000	1,324,000	1,876,000	3,267,000	3,693,000	4,227,000	5,007,000	3,959,000	6,994,000	9,974,000	11,309,000	8,312,000	9,217,000	10,404,000	10,073,000	8,768,000	8,808,000	10,702,000	10,062,000	8,412,000	8,402,000	6,426,000	4,834,000	3,947,000	3,067,000	3,483,000	4,256,000	4,786,000	4,576,000
current operating lease liabilities			303,000	907,000	1,503,000	2,386,000	2,355,000	2,325,000	2,295,000	2,266,000	2,237,000	2,190,000	2,107,000	2,025,000	1,944,000	1,882,000	1,858,000	1,835,000	1,811,000	1,788,000	1,765,000	1,742,000	1,720,000	1,698,000	1,677,000	1,655,000	1,634,000	1,613,000
total current liabilities:	45,669,000	56,357,000	48,547,000	45,595,000	40,660,000	41,209,000	37,885,000	39,300,000	35,286,000	36,228,000	29,224,000	34,194,000	36,540,000	55,320,000	48,916,000	37,815,000	41,895,000	42,634,000	94,362,000	98,856,000	113,621,000	113,675,000	109,681,000	116,648,000	127,655,000	119,236,000	108,688,000	100,598,000	101,867,000	109,635,000	77,791,000	53,751,000	52,449,000	37,239,000	31,579,000	27,334,000					63,938,000	70,084,000
noncurrent liabilities:
long-term operating lease liabilities	5,539,000	5,463,000	5,693,000	5,616,000	5,539,000		608,000	1,208,000	1,801,000	2,386,000	2,963,000	3,533,000	4,096,000	4,652,000	5,200,000	5,723,000	6,203,000	6,677,000	7,144,000	7,606,000	8,061,000	8,511,000	8,955,000	9,393,000	9,826,000	10,253,000	10,675,000	11,092,000
long-term debt	189,080,000	158,478,000	92,968,000	82,668,000	82,175,000	71,670,000	96,166,000	160,668,000	190,169,000	139,994,000	148,261,000	156,589,000	164,921,000	173,245,000	181,568,000	189,895,000	238,229,000	296,771,000	303,687,000	327,064,000	358,933,000	384,141,000	403,304,000	403,729,000	412,983,000	434,440,000	433,030,000	448,522,000	468,828,000	484,480,000	398,937,000	477,000,000	490,895,000	504,896,000	506,044,000	507,239,000		418,036,000	403,825,000	390,032,000	395,811,000	372,803,000	161,500,000	162,563,000	163,625,000	122,750,000	102,250,000	101,250,000	1,413,439,000	1,413,439,000	1,340,743,000	1,347,741,000	1,402,935,000	1,502,011,000	1,538,300,000	1,574,101,000		1,551,152,000	1,261,975,000	1,264,500,000		1,289,500,000	1,173,300,000	1,173,300,000	1,129,500,000				566,251,000	264,483,000	206,233,000
total noncurrent liabilities	194,619,000	163,941,000	98,661,000	88,284,000	87,714,000	71,670,000	96,774,000	161,876,000	191,970,000	142,380,000	151,224,000	160,122,000	169,017,000	177,897,000	186,768,000	195,618,000	244,432,000	303,448,000	310,831,000	334,670,000	374,194,000	392,652,000	412,259,000	413,122,000	422,809,000	444,693,000	443,705,000	459,614,000	472,296,000	488,056,000	402,064,000	479,768,000	493,483,000	507,304,000	508,272,000	509,287,000	1,329,000	419,005,000	404,614,000	390,625,000	396,201,000	372,989,000		165,820,000	166,823,000	125,900,000	105,263,000	104,194,000	1,556,484,000	1,557,287,000	1,471,081,000	1,478,551,000	1,535,957,000	1,637,518,000	1,670,988,000	1,702,217,000	1,716,533,000	1,711,016,000	1,316,555,000	1,315,743,000	1,328,864,000	1,352,017,000	1,237,162,000	1,255,338,000	1,184,627,000	1,044,672,000	1,099,639,000	960,723,000	616,006,000	265,410,000	208,671,000	209,556,000	144,241,000	135,652,000	136,065,000	135,738,000
total liabilities	240,288,000	220,298,000	147,208,000	133,879,000	128,374,000	112,879,000	134,659,000	201,176,000	227,256,000	178,608,000	180,448,000	194,316,000	205,557,000	233,217,000	235,684,000	233,433,000	286,327,000	346,082,000	405,193,000	433,526,000	487,815,000	506,327,000	521,940,000	529,770,000	550,464,000	563,929,000	552,393,000	560,212,000	574,163,000	597,691,000	479,855,000	533,519,000	545,932,000	544,543,000	539,851,000	536,621,000	586,271,000	498,162,000	483,936,000	466,855,000	460,139,000	443,073,000	1,652,678,000	1,648,748,000	1,648,449,000	1,602,852,000	1,582,737,000	1,580,968,000	1,582,164,000	1,585,564,000	1,721,678,000	1,729,899,000	1,757,659,000	1,823,293,000	1,821,479,000	1,823,181,000	1,834,555,000	1,834,350,000	1,396,631,000	1,396,122,000	1,407,877,000	1,434,080,000	1,266,036,000	1,284,390,000	1,215,760,000	1,074,414,000	1,124,427,000	1,031,087,000	899,686,000	301,742,000	221,175,000	224,729,000	150,950,000	141,543,000	141,974,000	141,716,000
commitments and contingencies
equity:
common stock	432,000	432,000	429,000	429,000	427,000	427,000	427,000	427,000	425,000	425,000	425,000	425,000	423,000	423,000	423,000	421,000	419,000	419,000	419,000	419,000	418,000	418,000	418,000	418,000	417,000	416,000	416,000	416,000	416,000	415,000	415,000	345,000	345,000	344,000	344,000	344,000	735,000						445,000	445,000	445,000	445,000	445,000	443,000	443,000	438,000	438,000	438,000	363,000	359,000	359,000	359,000	359,000	355,000	319,000	319,000		317,000	317,000	317,000	315,000				255,000
additional paid-in capital	1,465,134,000	1,469,951,000	1,474,615,000	1,479,415,000	1,491,032,000	1,506,909,000	1,520,179,000	1,536,987,000	1,553,421,000	1,558,541,000	1,563,631,000	1,568,818,000	1,588,777,000	1,621,185,000	1,641,664,000	1,674,400,000	1,702,166,000	1,707,900,000	1,711,523,000	1,713,082,000	1,713,406,000	1,713,711,000	1,714,019,000	1,714,385,000	1,721,268,000	1,741,759,000	1,741,184,000	1,740,615,000	1,740,163,000	1,739,724,000	1,739,091,000	1,628,848,000	1,628,355,000	1,627,839,000	1,626,584,000	1,625,014,000	1,487,929,000						847,547,000	847,181,000	846,658,000	849,021,000	855,848,000	864,120,000	863,303,000	862,488,000	861,419,000	860,365,000	809,443,000	808,258,000	806,787,000	805,309,000	803,778,000	802,729,000
accumulated deficit	-569,082,000	-584,493,000	-583,440,000	-576,639,000	-564,716,000	-577,393,000	-598,852,000	-622,319,000	-641,117,000	-646,055,000	-614,051,000	-625,613,000	-628,247,000	-656,924,000	-697,752,000	-745,134,000	-786,823,000	-877,676,000	-934,808,000	-966,845,000	-968,830,000	-902,909,000	-881,811,000	-863,607,000
total genco shipping & trading limited shareholders’ equity	896,484,000	885,890,000	891,604,000	903,205,000	926,743,000	929,943,000	921,754,000	915,095,000	913,256,000	915,168,000	953,864,000	948,482,000	967,433,000	971,789,000	949,952,000	933,805,000	916,587,000																					1,150,055,000	987,776,000	1,019,248,000	1,022,378,000	1,208,422,000	843,082,000	915,896,000	967,469,000	951,050,000	976,321,000	1,030,852,000	1,066,296,000	1,111,159,000	1,150,580,000	1,180,079,000	1,151,606,000	1,145,931,000	1,155,093,000	1,155,515,000		1,095,006,000	972,578,000	961,387,000
noncontrolling interest	1,336,000	1,413,000	1,438,000	1,446,000	1,485,000	1,676,000	1,561,000	1,535,000	1,390,000	1,221,000	1,081,000	1,102,000	876,000	727,000	507,000	264,000	88,000																						197,888,000	208,716,000	270,396,000	275,104,000	332,926,000	337,540,000	341,336,000	283,822,000	218,602,000	191,370,000	194,911,000	197,850,000	201,881,000	205,031,000	210,012,000	210,149,000	211,348,000	212,011,000	215,204,000	214,198,000	214,092,000	212,770,000
total equity	897,820,000	887,303,000	893,042,000	904,651,000	928,228,000	931,619,000	923,315,000	916,630,000	914,646,000	916,389,000	954,945,000	949,584,000	968,309,000	972,516,000	950,459,000	934,069,000	916,675,000	830,683,000	777,272,000	746,817,000	744,994,000	811,220,000	832,626,000	851,196,000	978,428,000	998,035,000	1,012,051,000	1,045,958,000	1,053,307,000	1,034,583,000	1,028,243,000	919,048,000	975,027,000	971,940,000	1,001,868,000	1,014,810,000	1,057,828,000	1,150,055,000	1,185,664,000	1,227,964,000	1,292,774,000	1,483,526,000	1,176,008,000	1,253,436,000	1,308,805,000	1,234,872,000	1,194,923,000	1,222,222,000	1,261,207,000	1,309,009,000	1,352,461,000	1,385,110,000	1,361,618,000	1,356,080,000	1,366,441,000	1,367,526,000	1,348,153,000	1,309,204,000	1,186,670,000	1,174,157,000
total liabilities and equity	1,138,108,000	1,107,601,000	1,040,250,000	1,038,530,000	1,056,602,000	1,044,498,000	1,057,974,000	1,117,806,000	1,141,902,000	1,094,997,000	1,135,393,000	1,143,900,000	1,173,866,000	1,205,733,000	1,186,143,000	1,167,502,000	1,203,002,000	1,176,765,000	1,182,465,000	1,180,343,000	1,232,809,000	1,317,547,000	1,354,566,000	1,380,966,000	1,528,892,000	1,561,964,000	1,564,444,000	1,606,170,000	1,627,470,000	1,632,274,000	1,508,098,000	1,452,567,000	1,520,959,000	1,516,483,000	1,541,719,000	1,551,431,000	1,644,099,000	1,648,217,000	1,669,600,000	1,694,819,000	1,752,913,000	1,926,599,000	2,828,686,000	2,902,184,000	2,957,254,000	2,837,724,000	2,777,660,000	2,803,190,000	2,843,371,000	2,894,573,000	3,074,139,000	3,115,009,000	3,119,277,000	3,179,373,000	3,187,920,000	3,190,707,000	3,182,708,000	3,143,554,000	2,583,301,000	2,570,279,000
due from charterers, net of a reserve of 658 and 1,620, respectively		13,941,000
vessels, net of accumulated depreciation of 359,361 and 322,807, respectively		887,408,000
deferred drydock, net of accumulated amortization of 28,734 and 33,610, respectively		67,084,000
fixed assets, net of accumulated depreciation and amortization of 11,875 and 9,811, respectively		7,969,000
due from charterers, net of a reserve of 1,195 and 1,620, respectively			14,094,000
vessels, net of accumulated depreciation of 346,866 and 322,807, respectively			897,156,000
deferred drydock, net of accumulated amortization of 34,336 and 33,610, respectively			50,910,000
fixed assets, net of accumulated depreciation and amortization of 11,143 and 9,811, respectively			7,524,000
due from charterers, net of a reserve of 1,706 and 1,620, respectively				18,211,000
vessels, net of accumulated depreciation of 334,881 and 322,807, respectively				907,212,000
deferred drydock, net of accumulated amortization of 34,107 and 33,610, respectively				36,526,000
fixed assets, net of accumulated depreciation and amortization of 10,469 and 9,811, respectively				7,230,000
due from charterers, net of a reserve of 1,620 and 3,257, respectively					21,376,000
fair value of derivative instruments									572,000	2,369,000	4,030,000	5,048,000	6,312,000	5,724,000	3,894,000	1,822,000	1,166,000	424,000	564,000	629,000																								5,747,000	6,975,000	9,292,000	11,370,000	13,754,000	7,000	609,000	1,199,000	1,738,000	1,686,000	5,475,000	9,770,000	13,607,000				372,000	2,108,000	1,327,000	3,814,000	294,000	1,926,000	3,063,000	44,936,000	1,448,000	3,289,000	8,490,000	1,265,000		4,158,000	11,106,000	6,785,000
vessels held for sale						24,594,000	31,507,000	36,218,000	55,440,000									6,964,000	7,798,000	15,630,000	22,408,000	20,889,000	23,252,000	23,129,000	10,303,000	21,819,000			5,702,000	12,996,000	7,443,000					1,614,000																																	36,944,000
vessels, net of accumulated depreciation of 322,807 and 296,452, respectively					915,022,000
deferred drydock, net of accumulated amortization of 33,610 and 23,047, respectively					30,048,000
fixed assets, net of accumulated depreciation and amortization of 9,811 and 8,063, respectively					7,184,000
accumulated other comprehensive income									527,000	2,257,000	3,859,000	4,852,000	6,480,000	7,105,000	5,617,000	4,118,000	825,000	40,000	138,000	161,000																	838,000						28,076,000	40,735,000	53,722,000	15,763,000		63,000								2,425,000				14,131,000								19,017,000	87,676,000	36,780,000	2,599,000	3,546,000	2,954,000	8,908,000	6,309,000	2,325,000
due from charterers, net of a reserve of 2,236 and 3,257, respectively						20,434,000
vessels, net of accumulated depreciation of 310,626 and 296,452, respectively						877,837,000
deferred drydock, net of accumulated amortization of 30,741 and 23,047 respectively						30,132,000
fixed assets, net of accumulated depreciation and amortization of 9,159 and 8,063, respectively						7,227,000
due from charterers, net of a reserve of 2,289 and 3,257, respectively							29,669,000
vessels, net of accumulated depreciation of 299,317 and 296,452, respectively							887,897,000
deferred drydock, net of accumulated amortization of 28,282 and 23,047 respectively							24,826,000
fixed assets, net of accumulated depreciation and amortization of 8,502 and 8,063, respectively							7,127,000
due from charterers, net of a reserve of 2,299 and 3,257, respectively								21,888,000
vessels, net of accumulated depreciation of 308,626 and 296,452, respectively								934,572,000
deferred drydock, net of accumulated amortization of 27,480 and 23,047 respectively								27,264,000
fixed assets, net of accumulated depreciation and amortization of 8,134 and 8,063, respectively								7,211,000
due from charterers, net of a reserve of 3,257 and 2,141, respectively									17,815,000
vessels, net of accumulated depreciation of 296,452 and 303,098, respectively									945,114,000
deferred drydock, net of accumulated amortization of 23,047 and 15,456 respectively									29,502,000
fixed assets, net of accumulated depreciation and amortization of 8,063 and 6,254, respectively									7,071,000
due from charterers, net of a reserve of 2,516 and 2,141, respectively										19,522,000
vessels, net of accumulated depreciation of 284,693 and 303,098, respectively										939,749,000
deferred drydock, net of accumulated amortization of 19,431 and 15,456 respectively										32,982,000
fixed assets, net of accumulated depreciation and amortization of 7,430 and 6,254, respectively										7,435,000
due from charterers, net of a reserve of 2,520 and 2,141, respectively											19,693,000
vessels, net of accumulated depreciation of 328,339 and 303,098, respectively											979,054,000
deferred drydock, net of accumulated amortization of 19,505 and 15,456 respectively											33,858,000
fixed assets, net of accumulated depreciation and amortization of 7,596 and 6,254, respectively											8,127,000
due from charterers, net of a reserve of 2,157 and 2,141, respectively												16,692,000
vessels, net of accumulated depreciation of 315,639 and 303,098, respectively												990,643,000
deferred drydock, net of accumulated amortization of 17,377 and 15,456 respectively												33,608,000
fixed assets, net of accumulated depreciation and amortization of 6,887 and 6,254, respectively												8,372,000
due from charterers, net of a reserve of 2,141 and 1,403, respectively													25,333,000
vessels, net of accumulated depreciation of 303,098 and 253,005, respectively													1,002,810,000
deferred drydock, net of accumulated amortization of 15,456 and 12,879 respectively													32,254,000
fixed assets, net of accumulated depreciation and amortization of 6,254 and 3,984, respectively													8,556,000
due from charterers, net of a reserve of 2,061 and 1,403, respectively														25,866,000
vessels, net of accumulated depreciation of 290,291 and 253,005, respectively														1,014,154,000
deferred drydock, net of accumulated amortization of 13,695 and 12,879 respectively														31,282,000
fixed assets, net of accumulated depreciation and amortization of 5,611 and 3,984, respectively														8,125,000
due from charterers, net of a reserve of 1,471 and 1,403, respectively															24,963,000
vessels, net of accumulated depreciation of 277,600 and 253,005, respectively															1,025,403,000
deferred drydock, net of accumulated amortization of 14,063 and 12,879 respectively															25,521,000
fixed assets, net of accumulated depreciation and amortization of 5,019 and 3,984, respectively															8,014,000
due from charterers, net of a reserve of 1,556 and 1,403, respectively																20,039,000
vessels, net of accumulated depreciation of 265,189 and 253,005, respectively																1,031,948,000
deferred drydock, net of accumulated amortization of 13,660 and 12,879 respectively																14,577,000
fixed assets, net of accumulated depreciation and amortization of 4,593 and 3,984, respectively																7,784,000

due from charterers, net of a reserve of 1,403 and 669, respectively																	20,116,000
vessels, net of accumulated depreciation of 253,005 and 204,201, respectively																	981,141,000
vessels held for exchange																					38,214,000
deferred drydock, net of accumulated amortization of 12,879 and 8,124 respectively																	14,275,000
fixed assets, net of accumulated depreciation and amortization of 3,984 and 2,266, respectively																	7,237,000
current portion of long-term debt																			55,920,000	65,277,000	80,642,000	80,642,000	79,522,000	72,962,000	69,747,000	70,111,000	65,640,000	70,351,000	66,320,000	66,320,000	45,000,000	24,308,000	24,497,000	12,076,000	9,576,000	7,076,000		44,242,000	44,792,000	44,576,000	34,324,000	32,242,000	4,250,000	1,309,441,000	1,316,439,000	1,313,689,000	1,312,189,000	1,312,189,000			220,772,000	220,772,000	185,077,000	147,844,000	110,610,000	73,377,000		79,322,000											259,949,000	18,750,000
contract liability																					7,200,000
due from charterers, net of a reserve of 1,635 and 669, respectively																		22,069,000
vessels, net of accumulated depreciation of 239,893 and 204,201, respectively																		991,471,000
deferred drydock, net of accumulated amortization of 11,649 and 8,124 respectively																		12,465,000
fixed assets, net of accumulated depreciation and amortization of 3,525 and 2,266, respectively																		6,072,000
fair market value of time charters acquired																		2,220,000																																									2,176,000	3,278,000	4,611,000	9,304,000	14,117,000	18,878,000	29,488,000	33,212,000	37,973,000	44,991,000
due from charterers, net of a reserve of 820 and 669, respectively																			13,912,000
vessels, net of accumulated depreciation of 228,014 and 204,201, respectively																			913,829,000
deferred drydock, net of accumulated amortization of 10,679 and 8,124 respectively																			13,956,000
fixed assets, net of accumulated depreciation and amortization of 3,087 and 2,266, respectively																			5,877,000
due from charterers, net of a reserve of 493 and 669, respectively																				11,243,000
vessels, net of accumulated depreciation of 215,970 and 204,201, respectively																				924,468,000
deferred drydock, net of accumulated amortization of 9,377 and 8,124 respectively																				14,374,000
fixed assets, net of accumulated depreciation and amortization of 2,664 and 2,266, respectively																				6,139,000
due from charterers, net of a reserve of 669 and 1,064, respectively																					12,991,000
vessels, net of accumulated depreciation of 204,201 and 288,373, respectively																					919,114,000
deferred drydock, net of accumulated amortization of 8,124 and 11,862 respectively																					14,689,000
fixed assets, net of accumulated depreciation and amortization of 2,266 and 2,154, respectively																					6,393,000
due from charterers, net of a reserve of 456 and 1,064, respectively																						10,906,000
vessels, net of accumulated depreciation of 247,761 and 288,373, respectively																						1,062,888,000
deferred drydock, net of accumulated amortization of 8,067 and 11,862 respectively																						17,157,000
fixed assets, net of accumulated depreciation and amortization of 2,406 and 2,154, respectively																						7,534,000
due from charterers, net of a reserve of 662 and 1,064, respectively																							13,370,000
vessels, net of accumulated depreciation of 242,465 and 288,373, respectively																							1,109,341,000
deferred drydock, net of accumulated amortization of 7,691 and 11,862 respectively																							19,192,000
fixed assets, net of accumulated depreciation and amortization of 2,057 and 2,154, respectively																							7,215,000
due from charterers, net of a reserve of 665 and 1,064, respectively																								15,004,000
vessels, net of accumulated depreciation of 228,208 and 288,373, respectively																								1,121,561,000
deferred drydock, net of accumulated amortization of 6,993 and 11,862 respectively																								17,704,000
fixed assets, net of accumulated depreciation and amortization of 1,704 and 2,154, respectively																								5,949,000
due from charterers, net of a reserve of 1,064 and 669, respectively																									13,701,000
vessels, net of accumulated depreciation of 288,373 and 244,529, respectively																									1,273,861,000
deferred drydock, net of accumulated amortization of 11,862 and 13,553 respectively																									17,304,000
fixed assets, net of accumulated depreciation and amortization of 2,154 and 1,281, respectively																									5,976,000
deferred rent
retained deficit																									-743,257,000	-744,140,000	-729,549,000	-695,073,000	-687,272,000	-705,556,000	-711,263,000	-710,145,000	-653,673,000	-656,243,000	-625,060,000	-610,548,000
due from charterers, net of a reserve of 1,257 and 669, respectively																										20,391,000
vessels, net of accumulated depreciation of 272,074 and 244,529, respectively																										1,290,741,000
deferred drydock, net of accumulated amortization of 11,860 and 13,553 respectively																										16,039,000
fixed assets, net of accumulated depreciation and amortization of 1,789 and 1,281, respectively																										5,229,000
due from charterers, net of a reserve of 1,047 and 669, respectively																											15,718,000
vessels, net of accumulated depreciation of 265,147 and 244,529, respectively																											1,320,149,000
deferred drydock, net of accumulated amortization of 15,175 and 13,553 respectively																											11,629,000
fixed assets, net of accumulated depreciation and amortization of 1,575 and 1,281, respectively																											4,077,000
due from charterers, net of a reserve of 1,171 and 669, respectively																												17,265,000
vessels, net of accumulated depreciation of 261,017 and 244,529, respectively																												1,335,048,000
deferred drydock, net of accumulated amortization of 14,988 and 13,553 respectively																												8,520,000
fixed assets, net of accumulated depreciation and amortization of 1,435 and 1,281, respectively																												3,099,000
due from charterers, net of a reserve of 669 and 246, respectively																													22,306,000
vessels, net of accumulated depreciation of 244,529 and 213,431, respectively																													1,344,870,000
deferred drydock, net of accumulated amortization of 13,553 and 9,540 respectively																													9,544,000
fixed assets, net of accumulated depreciation and amortization of 1,281 and 1,003, respectively																													2,290,000
other noncurrent assets																																	514,000	514,000	514,000	514,000	514,000	514,000	514,000	514,000	514,000	514,000	514,000	514,000	514,000	514,000	514,000	514,000	514,000	514,000	514,000	514,000	514,000	514,000	514,000	514,000
long-term lease obligations																													3,468,000	3,576,000	3,127,000	2,768,000	2,588,000	2,408,000	2,228,000	2,048,000	1,329,000	969,000	789,000	593,000	390,000	186,000	2,658,000	3,222,000	3,114,000	3,015,000	2,828,000	2,658,000	2,465,000	2,056,000	1,750,000	1,539,000
due from charterers, net of a reserve of 515 and 246, respectively																														18,536,000
vessels, net of accumulated depreciation of 229,559 and 213,431, respectively																														1,382,428,000
deferred drydock, net of accumulated amortization of 12,366 and 9,540 respectively																														10,728,000
fixed assets, net of accumulated depreciation and amortization of 1,177 and 1,003, respectively																														1,495,000
due from charterers, net of a reserve of 601 and 246, respectively																															14,408,000
vessels, net of accumulated depreciation of 213,771 and 213,431, respectively																															1,172,246,000
deferred drydock, net of accumulated amortization of 11,196 and 9,540 respectively																															11,123,000
fixed assets, net of accumulated depreciation and amortization of 1,091 and 1,003, respectively																															1,247,000
due from charterers, net of a reserve of 272 and 246, respectively																																13,286,000
vessels, net of accumulated depreciation of 199,511 and 213,431, respectively																																1,195,115,000
deferred drydock, net of accumulated amortization of 10,065 and 9,540 respectively																																12,242,000
fixed assets, net of accumulated depreciation and amortization of 1,019 and 1,003, respectively																																953,000
due from charterers, net of a reserve of 246 and 283, respectively																																	12,855,000
vessels, net of accumulated depreciation of 213,431 and 163,053, respectively																																	1,265,577,000
deferred drydock, net of accumulated amortization of 9,540 and 6,340 respectively																																	13,382,000
fixed assets, net of accumulated depreciation and amortization of 1,003 and 759, respectively																																	1,014,000
series a preferred stock, par value 0.01; aggregate liquidation preference of 0 and 120,789 at december 31, 2017 and december 31, 2016, respectively
due from charterers, net of a reserve of 165 and 283, respectively																																		10,868,000
vessels, net of accumulated depreciation of 197,090 and 163,053, respectively																																		1,281,918,000
deferred drydock, net of accumulated amortization of 8,370 and 6,340 respectively																																		14,455,000
fixed assets, net of accumulated depreciation and amortization of 932 and 759, respectively																																		1,012,000
series a preferred stock, par value 0.01; aggregate liquidation preference of 0 and 120,789 at september 30, 2017 and december 31, 2016, respectively
due from charterers, net of a reserve of 132 and 283, respectively																																			6,433,000
vessels, net of accumulated depreciation of 193,922 and 163,053, respectively																																			1,315,336,000
deferred drydock, net of accumulated amortization of 7,862 and 6,340 respectively																																			15,057,000
fixed assets, net of accumulated depreciation and amortization of 878 and 759, respectively																																			951,000
series a preferred stock, par value 0.01; aggregate liquidation preference of 0 and 120,789 at june 30, 2017 and december 31, 2016, respectively
due from charterers, net of a reserve of 304 and 283, respectively																																				9,060,000
vessels, net of accumulated depreciation of 179,759 and 163,053, respectively																																				1,335,067,000
deferred drydock, net of accumulated amortization of 7,083 and 6,340 respectively																																				14,066,000
fixed assets, net of accumulated depreciation and amortization of 827 and 759, respectively																																				982,000
series a preferred stock, par value 0.01; aggregate liquidation preference of 0 and 120,789 at march 31, 2017 and december 31, 2016, respectively
due from charterers, net of a reserve of 213 and 429, respectively																																					8,373,000
vessels, net of accumulated depreciation of 127,067 and 107,998, respectively																																					1,487,506,000
deferred drydock, net of accumulated amortization of 4,316 and 3,207, respectively																																					15,099,000
deferred financing costs, net of accumulated amortization of 935 and 734, respectively																																					3,093,000
fixed assets, net of accumulated depreciation and amortization of 500 and 404, respectively																																					1,269,000
investments																																					12,334,000	17,900,000	25,443,000	28,845,000	26,486,000	38,463,000	49,618,000	63,355,000	77,570,000	41,829,000	27,315,000	30,591,000	20,988,000	23,825,000	27,386,000	32,282,000	24,468,000	27,849,000	42,450,000	55,144,000	54,714,000	63,653,000	53,281,000	76,423,000	72,181,000	49,238,000	35,433,000	23,035,000
current portion of long-term debt, net of deferred financing costs of 8,883 and 9,411, respectively																																					561,097,000
total current liabilities																																					584,942,000	79,157,000	79,322,000	76,230,000				1,482,928,000	1,481,626,000	1,476,952,000	1,477,474,000	1,476,774,000	25,680,000	28,277,000	250,597,000	251,348,000	221,702,000	185,775,000	150,491,000	120,964,000	118,022,000	123,334,000	80,076,000	80,379,000	79,013,000	82,063,000	28,874,000	29,052,000	31,133,000	29,742,000	24,788,000	70,364,000	283,680,000	36,332,000	12,504,000	15,173,000	6,709,000	5,891,000	5,909,000	5,978,000
due from charterers, net of a reserve of 1,217 and 1,588, respectively																																						14,139,000
vessels, net of accumulated depreciation of 90,104 and 36,258, respectively																																						1,501,714,000
deferred drydock, net of accumulated amortization of 2,196 and 330, respectively																																						14,656,000
deferred financing costs, net of accumulated amortization of 2,417 and 729, respectively																																						10,948,000
fixed assets, net of accumulated depreciation and amortization of 319 and 119, respectively																																						1,115,000
genco shipping & trading limited shareholders’ equity:
successor company common stock, par value 0.01; 250,000,000 shares authorized; issued and outstanding 72,898,234 and 61,541,389 shares at september 30, 2015 and december 31, 2014, respectively																																						728,000
successor company additional paid-in capital																																						1,477,035,000	1,274,588,000	1,262,327,000	1,251,197,000	1,239,439,000
accumulated other comprehensive loss
due from charterers, net of a reserve of 1,292 and 1,588, respectively																																							14,456,000
vessels, net of accumulated depreciation of 70,977 and 36,258, respectively																																							1,490,043,000
deferred drydock, net of accumulated amortization of 1,325 and 330, respectively																																							12,539,000
deferred financing costs, net of accumulated amortization of 1,780 and 729, respectively																																							11,348,000
fixed assets, net of accumulated depreciation and amortization of 236 and 119, respectively																																							1,017,000
successor company common stock, par value 0.01; 250,000,000 shares authorized; issued and outstanding 61,610,503 and 61,541,389 shares at june 30, 2015 and december 31, 2014, respectively																																							615,000
due from charterers, net of a reserve of 1,371 and 1,588, respectively																																								12,366,000
vessels, net of accumulated depreciation of 52,271 and 36,258, respectively																																								1,508,885,000
deferred drydock, net of accumulated amortization of 722 and 330, respectively																																								9,375,000
deferred financing costs, net of accumulated amortization of 1,216 and 729, respectively																																								10,061,000
fixed assets, net of accumulated depreciation and amortization of 170 and 119, respectively																																								783,000
successor company common stock, par value 0.01; 250,000,000 shares authorized; issued and outstanding 61,541,389 shares at march 31, 2015 and december 31, 2014																																								615,000
due from charterers																																									14,739,000				14,241,000				11,714,000				13,688,000				8,794,000				2,117,000					3,900,000	2,696,000	2,343,000	2,750,000	1,882,000	985,000	471,000	217,000	561,000	306,000	219,000
vessels, net of accumulated depreciation of 36,258 and 730,662, respectively																																									1,532,843,000
deferred drydock, net of accumulated amortization of 330 and 11,107, respectively																																									6,234,000
deferred financing costs, net of accumulated amortization of 729 and 22,279, respectively																																									10,271,000
fixed assets, net of accumulated depreciation and amortization of 119 and 3,438, respectively																																									701,000
current interest payable																																												13,199,000	13,199,000	13,199,000	13,199,000	13,199,000
convertible senior note payable																																												117,180,000	115,881,000	114,571,000	113,306,000	112,097,000	110,918,000	109,726,000	108,569,000	107,471,000	106,381,000	105,308,000	104,262,000	103,276,000	102,309,000	101,395,000
current portion of lease obligations																																												168,000	176,000	284,000	444,000	614,000	682,000	642,000	680,000	682,000
time charters acquired																																										16,000	17,000	35,000	84,000	135,000	185,000	286,000	418,000	606,000	793,000	978,000	1,164,000	1,137,000	1,601,000	1,724,000	2,197,000	2,864,000
predecessor company common stock, par value 0.01; 100,000,000 shares authorized; 44,449,407 shares issued and outstanding at december 31, 2013
predecessor company additional paid-in capital
successor company common stock, par value 0.01; 250,000,000 shares authorized; 61,541,389 shares issued and outstanding at december 31, 2014																																									615,000
retained (deficit) earnings
due from charterers, net of a reserve of 1,576 and 632, respectively																																										15,594,000
vessels, net of accumulated depreciation of 17,215 and 730,662, respectively																																										1,522,106,000
deferred drydock, net of accumulated amortization of 69 and 11,107, respectively																																										3,096,000
deferred financing costs, net of accumulated amortization of 2,562 and 22,279, respectively																																										6,691,000
fixed assets, net of accumulated depreciation and amortization of 66 and 3,438, respectively																																										646,000
goodwill																																										166,067,000
successor company common stock, par value 0.01; 250,000,000 shares authorized; 61,410,372 shares issued and outstanding at september 30, 2014																																										614,000
due from charterers, net of a reserve of 639 and 632, respectively																																											12,000,000
vessels, net of accumulated depreciation of 799,020 and 730,662, respectively																																											2,607,784,000
deferred drydock, net of accumulated amortization of 10,665 and 11,107, respectively																																											16,775,000
deferred financing costs, net of accumulated amortization of 26,570 and 22,279, respectively																																											18,002,000
fixed assets, net of accumulated depreciation and amortization of 3,873 and 3,438, respectively																																											4,052,000
current liabilities not subject to compromise:
total current liabilities not subject to compromise:																																											44,945,000
noncurrent liabilities not subject to compromise:
total noncurrent liabilities not subject to compromise																																											164,158,000
total liabilities subject to compromise																																											1,443,575,000
due from charterers, net of a reserve of 686 and 632, respectively																																												11,438,000
vessels, net of accumulated depreciation of 764,491 and 730,662, respectively																																												2,641,592,000
deferred drydock, net of accumulated amortization of 9,512 and 11,107, respectively																																												14,916,000
deferred financing costs, net of accumulated amortization of 24,498 and 22,279, respectively																																												20,054,000
fixed assets, net of accumulated depreciation and amortization of 3,653 and 3,438, respectively																																												4,182,000
retained earnings																																												27,535,000	66,644,000	85,821,000	120,855,000	166,226,000	214,391,000	260,031,000	298,485,000	326,258,000	359,349,000	359,057,000	357,505,000	347,422,000	334,022,000	299,234,000	263,027,000	226,270,000	192,820,000	157,327,000	123,055,000	85,437,000	187,019,000	160,967,000	129,146,000	79,876,000	42,001,000	42,520,000	45,639,000	42,644,000	41,385,000	43,742,000	41,480,000	40,163,000
vessels, net of accumulated depreciation of 730,662 and 597,214, respectively																																													2,673,795,000
deferred drydock, net of accumulated amortization of 11,107 and 8,086, respectively																																													11,069,000
deferred financing costs, net of accumulated amortization of 22,279 and 13,162, respectively																																													22,011,000
fixed assets, net of accumulated depreciation and amortization of 3,438 and 3,311, respectively																																													5,104,000
long-term interest payable																																																	13,199,000	13,199,000
due from charterers, net of a reserve of 361 and 488, respectively																																														14,780,000
vessels, net of accumulated depreciation of 696,621 and 597,214, respectively																																														2,604,147,000
deferred drydock, net of accumulated amortization of 11,119 and 8,086, respectively																																														9,707,000
other assets, net of accumulated amortization of 20,025 and 13,162, respectively																																														23,517,000
fixed assets, net of accumulated depreciation and amortization of 3,998 and 3,311, respectively																																														5,198,000
due from charterers, net of a reserve of 408 and 488, respectively																																															10,946,000
vessels, net of accumulated depreciation of 663,055 and 597,214, respectively																																															2,596,615,000
deferred drydock, net of accumulated amortization of 10,403 and 8,086, respectively																																															10,634,000
other assets, net of accumulated amortization of 16,853 and 13,162, respectively																																															25,870,000
fixed assets, net of accumulated depreciation and amortization of 3,765 and 3,311, respectively																																															5,014,000
due from charterers, net of a reserve of 484 and 488, respectively																																																12,141,000
vessels, net of accumulated depreciation of 629,953 and 597,214, respectively																																																2,629,691,000
deferred drydock, net of accumulated amortization of 9,010 and 8,086, respectively																																																11,909,000
other assets, net of accumulated amortization of 14,997 and 13,162, respectively																																																27,726,000
fixed assets, net of accumulated depreciation and amortization of 3,539 and 3,311, respectively																																																5,092,000
vessels, net of accumulated depreciation of 597,214 and 464,518, respectively																																																	2,662,403,000
deferred drydock, net of accumulated amortization of 8,086 and 11,111, respectively																																																	12,037,000
other assets, net of accumulated amortization of 13,162 and 7,749, respectively																																																	29,561,000
fixed assets, net of accumulated depreciation and amortization of 3,311 and 2,422, respectively																																																	5,258,000
due from charterers, net of a reserve of 495 and 906, respectively																																																		8,616,000
vessels, net of accumulated depreciation of 563,749 and 464,518, respectively																																																		2,695,638,000
deferred drydock, net of accumulated amortization of 6,675 and 11,111, respectively																																																		13,723,000
other assets, net of accumulated amortization of 11,304 and 7,749, respectively																																																		31,907,000
fixed assets, net of accumulated depreciation and amortization of 3,077 and 2,422, respectively																																																		5,402,000
due from charterers, net of a reserve of 806 and 906, respectively																																																			10,956,000
vessels, net of accumulated depreciation of 530,418 and 464,518, respectively																																																			2,729,000,000
deferred drydock, net of accumulated amortization of 7,489 and 11,111, respectively																																																			11,814,000
other assets, net of accumulated amortization of 9,708 and 7,749, respectively																																																			15,906,000
fixed assets, net of accumulated depreciation and amortization of 2,847 and 2,422, respectively																																																			5,477,000
due from charterers, net of a reserve of 951 and 906, respectively																																																				11,239,000
vessels, net of accumulated depreciation of 497,485 and 464,518, respectively																																																				2,761,813,000
deferred drydock, net of accumulated amortization of 9,038 and 11,111, respectively																																																				9,764,000
other assets, net of accumulated amortization of 8,729 and 7,749, respectively																																																				16,887,000
fixed assets, net of accumulated depreciation and amortization of 2,621 and 2,422, respectively																																																				5,490,000
vessels, net of accumulated depreciation of 464,518 and 334,502, respectively																																																					2,794,860,000
deferred drydock, net of accumulated amortization of 11,111 and 9,044, respectively																																																					6,934,000
other assets, net of accumulated amortization of 7,749 and 4,561, respectively																																																					17,795,000
fixed assets, net of accumulated depreciation and amortization of 2,422 and 2,041, respectively																																																					5,591,000
deferred rent credit																																																					1,823,000	1,610,000	1,233,000	644,000	657,000	670,000	677,000	682,000	687,000	692,000	696,000	701,000	711,000	715,000	720,000	725,000	729,000	734,000	739,000	743,000	748,000	713,000	596,000	479,000
due from charterers, net of a reserve of 940 and 592, respectively																																																						11,069,000
vessels, net of accumulated depreciation of 431,244 and 334,502, respectively																																																						2,793,444,000
deferred drydock, net of accumulated amortization of 9,368 and 9,044, respectively																																																						6,868,000
other assets, net of accumulated amortization of 6,930 and 4,561, respectively																																																						14,693,000
fixed assets, net of accumulated depreciation and amortization of 2,287 and 2,041, respectively																																																						3,875,000
due from charterers, net of a reserve of 996 and 592, respectively																																																							8,860,000
vessels, net of accumulated depreciation of 398,190 and 334,502, respectively																																																							2,792,033,000
deferred drydock, net of accumulated amortization of 9,850 and 9,044, respectively																																																							7,199,000
other assets, net of accumulated amortization of 6,133 and 4,561, respectively																																																							15,490,000
fixed assets, net of accumulated depreciation and amortization of 2,163 and 2,041, respectively																																																							2,330,000
due from charterers, net of a reserve of 521 and 592, respectively																																																								7,679,000
vessels, net of accumulated depreciation of 365,926 and 334,502, respectively																																																								2,789,423,000
deferred drydock, net of accumulated depreciation of 9,518 and 9,044, respectively																																																								7,678,000
other assets, net of accumulated amortization of 5,340 and 4,561, respectively																																																								16,195,000
fixed assets, net of accumulated depreciation and amortization of 2,161 and 2,041, respectively																																																								2,308,000
vessels, net of accumulated depreciation of 334,502 and 224,706, respectively																																																									2,783,810,000
deferred drydock, net of accumulated amortization of 9,044 and 4,384, respectively																																																									8,538,000
other assets, net of accumulated amortization of 4,561 and 2,585, respectively																																																									16,937,000
fixed assets, net of accumulated depreciation and amortization of 2,041 and 1,554, respectively																																																									2,310,000
current portion of long term debt																																																									71,841,000		50,000,000	50,000,000	50,000,000	50,000,000						43,000,000				4,322,000
long term debt																																																									1,572,098,000				1,277,000,000					989,250,000	1,014,500,000	893,000,000				207,611,000	138,808,000	130,683,000	130,683,000	130,683,000
total genco shipping & trading shareholders’ equity																																																									1,132,949,000
due from charterers, net of a reserve of 319 and 171, respectively																																																										5,595,000
deposits on vessels to be sold																																																										6,930,000	10,598,000
vessels, net of accumulated depreciation of 301,931 and 224,706, respectively																																																										2,706,281,000
deferred drydock, net of accumulated depreciation of 7,173 and 4,384, respectively																																																										9,921,000
other assets, net of accumulated amortization of 3,776 and 2,585, respectively																																																										16,176,000
fixed assets, net of accumulated depreciation and amortization of 1,911 and 1,554, respectively																																																										2,381,000
accumulated other comprehensive (deficit) income																																																																	-88,925,000	-5,651,000	-31,680,000
due from charterers, net of a reserve of 292 and 171, respectively																																																											3,076,000
vessels, net of accumulated depreciation of 273,248 and 224,706, respectively																																																											2,189,382,000
deferred drydock, net of accumulated depreciation of 5,996 and 4,384, respectively																																																											10,467,000
other assets, net of accumulated amortization of 3,187 and 2,585, respectively																																																											8,636,000
fixed assets, net of accumulated depreciation and amortization of 1,783 and 1,554, respectively																																																											2,448,000
paid-in capital																																																											723,333,000	720,667,000		721,334,000	720,302,000	719,211,000	716,778,000				308,729,000	308,259,000	307,674,000
due from charterers, net of a reserve of 287 and 171, respectively																																																												2,430,000
vessels, net of accumulated depreciation of 248,218 and 224,706, respectively																																																												2,000,180,000
deferred drydock, net of accumulated depreciation of 4,891 and 4,384, respectively																																																												10,556,000
other assets, net of accumulated amortization of 2,849 and 2,585, respectively																																																												7,601,000
fixed assets, net of accumulated depreciation and amortization of 1,672 and 1,554, respectively																																																												2,418,000
vessels, net of accumulated depreciation of 224,706 and 140,388, respectively																																																													2,023,506,000
deferred drydock, net of accumulated amortization of 4,384 and 2,868, respectively																																																													10,153,000
other assets, net of accumulated amortization of 2,585 and 1,548, respectively																																																													8,328,000
fixed assets, net of accumulated depreciation and amortization of 1,554 and 1,140, respectively																																																													2,458,000
liabilities and shareholders’ equity
shareholders’ equity:
outstanding 31,842,798 and 31,709,548 shares at december 31, 2009 and december 31, 2008, respectively																																																													318,000
paid in capital																																																													722,198,000					721,648,000	524,589,000	523,002,000				307,088,000	306,834,000	306,516,000	306,019,000	308,163,000
accumulated other comprehensive income/																																																													13,589,000
total shareholders’ equity																																																													928,925,000	862,060,000	818,224,000	749,495,000	815,187,000	877,282,000	622,346,000	622,185,000	438,661,000	387,814,000	356,167,000	353,533,000	351,427,000	359,420,000	354,062,000	348,242,000
total liabilities and shareholders’ equity																																																													2,336,802,000	2,296,140,000	2,084,260,000	2,033,885,000	2,030,947,000	1,951,696,000	1,746,773,000	1,653,272,000	1,338,347,000	689,556,000	577,342,000	578,262,000	502,377,000	500,963,000	496,036,000	489,958,000
see accompanying notes to consolidated financial statements.
due from charterers, net of a reserve of 80 and 244, respectively																																																														1,413,000
vessels, net of accumulated depreciation of 201,892 and 140,388, respectively																																																														1,919,161,000
deferred drydock, net of accumulated depreciation of 3,350 and 2,868, respectively																																																														10,533,000
other assets, net of accumulated amortization of 2,315 and 1,548, respectively																																																														7,759,000
fixed assets, net of accumulated depreciation and amortization of 1,439 and 1,140, respectively																																																														2,389,000
accumulated other comprehensive deficit																																																														-16,918,000	-25,450,000	-55,470,000
due from charterers, net of a reserve of 18 and 244, respectively																																																															2,130,000
vessels, net of accumulated depreciation of 180,420 and 140,388, respectively																																																															1,686,522,000
deferred drydock, net of accumulated depreciation of 2,856 and 2,868, respectively																																																															9,765,000
other assets, net of accumulated amortization of 2,045 and 1,548, respectively																																																															8,029,000
fixed assets, net of accumulated depreciation and amortization of 1,324 and 1,140, respectively																																																															1,909,000
due from charterers, net of a reserve of 124 and 244, respectively																																																																1,147,000
vessels, net of accumulated depreciation of 160,296 and 140,388, respectively																																																																1,706,724,000
deferred drydock, net of accumulated depreciation of 2,881 and 2,868, respectively																																																																8,849,000
other assets, net of accumulated amortization of 1,778 and 1,548, respectively																																																																8,295,000
fixed assets, net of accumulated depreciation and amortization of 1,222 and 1,140, respectively																																																																1,833,000
short-term investments																																																																	60,461,000	158,952,000	159,023,000	167,524,000	217,648,000	132,307,000
due from charterers, net of a reserve of 100 and 0, respectively																																																																	1,515,000
vessels, net of accumulated depreciation of 121,238 and 71,341, respectively																																																																	1,617,212,000
deferred drydock, net of accumulated depreciation of 2,188 and 941, respectively																																																																	7,632,000
other assets, net of accumulated amortization of 845 and 288, respectively																																																																	9,347,000
fixed assets, net of accumulated depreciation and amortization of 1,031 and 722, respectively																																																																	1,802,000
vessel held for sale																																																																				16,857,000				9,450,000
vessels, net of accumulated depreciation of 103,156 and 71,341, respectively																																																																		1,468,943,000
deferred drydock, net of accumulated depreciation of 1,535 and 941, respectively																																																																		5,152,000
other assets, net of accumulated amortization of 630 and 288, respectively																																																																		6,230,000
fixed assets, net of accumulated depreciation and amortization of 925 and 722, respectively																																																																		1,813,000
fair value of derivative instrument																																																																		997,000	229,000				3,973,000	4,462,000				2,325,000
outstanding 31,780,978 and 28,965,809 shares at june 30, 2008 and december 31, 2007, respectively																																																																		318,000
vessels, net of accumulated depreciation of 86,816 and 71,341, respectively																																																																			1,392,583,000
deferred drydock, net of accumulated depreciation of 1,226 and 941, respectively																																																																			4,773,000
other assets, net of accumulated amortization of 478 and 288, respectively																																																																			6,382,000
fixed assets, net of accumulated depreciation and amortization of 824 and 722, respectively																																																																			1,874,000
outstanding 29,078,309 and 28,965,809 shares at march 31, 2008 and december 31, 2007, respectively																																																																			291,000
vessels, net of accumulated depreciation of 71,341 and 43,769, respectively																																																																				1,224,040,000
deferred drydock, net of accumulated depreciation of 941 and 366, respectively																																																																				4,552,000
other assets, net of accumulated amortization of 288 and 468, respectively																																																																				6,130,000
fixed assets, net of accumulated depreciation and amortization of 722 and 348, respectively																																																																				1,939,000
outstanding 28,965,809 and 25,505,462 shares at december 31, 2007 and december 31, 2006, respectively																																																																				290,000
vessels, net of accumulated depreciation of 60,114 and 43,769, respectively																																																																					810,828,000
deferred drydock, net of accumulated depreciation of 668 and 366, respectively																																																																					3,983,000
fixed assets, net of accumulated depreciation and amortization of 622 and 348, respectively																																																																					2,018,000
other assets, net of accumulated amortization of 126 and 468, respectively																																																																					6,267,000
liability for time charters acquired																																																																					42,095,000
vessels, net of accumulated depreciation of 57,669 and 43,769, respectively																																																																						462,884,000
deferred drydock, net of accumulated depreciation of 895 and 366, respectively																																																																						3,816,000
fixed assets, net of accumulated depreciation and amortization of 538 and 348, respectively																																																																						1,981,000
other assets, net of accumulated amortization of 739 and 468, respectively																																																																						3,894,000
outstanding 25,514,600 and 25,505,462 shares at june 30, 2007 and december 31, 2006, respectively																																																																						255,000
vessels, net of accumulated depreciation of 50,680 and 43,769, respectively																																																																							469,872,000
deferred drydock, net of accumulated depreciation of 549 and 366, respectively																																																																							3,173,000
other assets, net of accumulated amortization of 563 and 468, respectively																																																																							4,019,000
fixed assets, net of accumulated depreciation and amortization of 439 and 348, respectively																																																																							1,987,000
outstanding 25,518,475 and 25,505,462 shares at march 31, 2007 and december 31, 2006, respectively																																																																							255,000
vessels, net of accumulated depreciation of 43,769 and 22,659, respectively																																																																								476,782,000
deferred drydock, net of accumulated depreciation of 366 and 35, respectively																																																																								2,452,000
other assets, net of accumulated amortization of 468 and 126, respectively																																																																								4,571,000
fixed assets, net of accumulated depreciation and amortization of 348 and 49, respectively																																																																								1,877,000
outstanding 25,505,462 and 25,434,212 shares at december 31, 2006 and december 31, 2005, respectively																																																																								255,000
vessels, net of accumulated depreciation of 41,884 and 22,659, respectively																																																																									411,139,000
deferred drydock, net of accumulated amortization of 233 and 35, respectively																																																																									1,853,000
other assets, net of accumulated amortization of 369 and 126, respectively																																																																									5,066,000
fixed assets, net of accumulated depreciation and amortization of 265 and 49, respectively																																																																									1,933,000
outstanding 25,434,212 shares at september 30, 2006 and december 31, 2005																																																																									254,000
vessels, net of accumulated depreciation of 35,405 and 22,659, respectively																																																																										417,581,000
deferred drydock, net of accumulated amortization of 113 and 35, respectively																																																																										1,085,000
other assets, net of accumulated amortization of 276 and 126, respectively																																																																										4,935,000
fixed assets, net of accumulated depreciation and amortization of 183 and 49, respectively																																																																										1,945,000
outstanding 25,434,212 shares at june 30, 2006 and december 31, 2005																																																																										254,000
vessels, net of accumulated depreciation of 28,997 and 22,659, respectively																																																																											423,972,000
deferred drydock, net of accumulated depreciation of 60 and 35, respectively																																																																											426,000
other assets, net of accumulated amortization of 200 and 126, respectively																																																																											5,464,000
fixed assets, net of accumulated depreciation and amortization of 104 and 49, respectively																																																																											1,745,000
outstanding 25,434,212 and 13,500,000 shares at march 31, 2006 and december 31, 2005, respectively																																																																											254,000
vessels, net of accumulated depreciation of 22,659 and 421, respectively																																																																												430,287,000
deferred drydock, net of accumulated depreciation of 35 and 0, respectively																																																																												152,000
other assets, net of accumulated amortization of 126 and 60, respectively																																																																												5,967,000
fixed assets, net of accumulated depreciation and amortization of 49 and 0, respectively																																																																												1,522,000
outstanding 25,434,212 and 13,500,000 shares at december 31, 2005 and december 31, 2004, respectively																																																																												254,000
deferred compensation costs from restricted stock																																																																												-2,663,000

Cashflow Statements:

Quarterly

Annual

Unit: USD	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-06-30	2016-03-31	2015-09-30	2015-06-30	2015-03-31	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31

cash flows from operating activities:
net income	15,334,000	-1,078,000	-6,809,000	-11,962,000	12,486,000	21,574,000	23,493,000	18,943,000		-31,864,000	11,541,000	2,860,000		41,048,000	47,625,000	41,865,000		57,132,000	32,037,000	1,985,000																-15,600,000	-110,655,000	-54,483,000				-65,558,000	-42,238,000	-19,155,000	-36,976,000	-48,940,000	-51,950,000	-48,861,000	-42,038,000	-30,494,000	-36,383,000	1,650,000	1,419,000	9,828,000	12,171,000	37,546,000	38,106,000	38,656,000	33,101,000	35,493,000	34,272,000	37,618,000	41,241,000	-111,304,000	62,998,000	60,899,000	73,987,000	56,931,000	16,320,000	13,721,000	19,837,000	16,518,000	12,904,000	17,522,000	16,578,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization	21,135,000	19,298,000	18,132,000	17,665,000	17,727,000	16,620,000	17,096,000	17,223,000		17,026,000	16,792,000	15,944,000		15,583,000	14,520,000	14,059,000		14,200,000	13,768,000	13,441,000		16,115,000	15,930,000	17,574,000	18,292,000	18,184,000	18,272,000	18,076,000	18,371,000	17,269,000	16,450,000	16,886,000	17,582,000	17,836,000	18,185,000	18,173,000	19,686,000	20,339,000	20,124,000	19,399,000	19,410,000	36,538,000	36,201,000	36,421,000	35,222,000	34,722,000	34,378,000	35,109,000	35,038,000	34,491,000	34,425,000	34,719,000	34,378,000	34,025,000	33,081,000	34,572,000	29,997,000	26,260,000	24,834,000	23,971,000	22,297,000	20,933,000	20,949,000	19,942,000	18,841,000	16,748,000	15,864,000	11,600,000	8,159,000	7,433,000	7,186,000	7,340,000	6,681,000	6,540,000	6,417,000
amortization of deferred financing costs	609,000	603,000	499,000	493,000	505,000	504,000	498,000	499,000		483,000	422,000	418,000		427,000	423,000	418,000		875,000	1,259,000	976,000		997,000	958,000	951,000	960,000	961,000	952,000	915,000	925,000	871,000	666,000	573,000	586,000	586,000	580,000	573,000	729,000	729,000	637,000	564,000	487,000	2,071,000	2,220,000	2,254,000	3,171,000	1,856,000	1,835,000	1,858,000	1,596,000	979,000	980,000	820,000	796,000	794,000	778,000	776,000	589,000	338,000	264,000		270,000	267,000	230,000	4,359,000	214,000	151,000	191,000		3,694,000	176,000	96,000		93,000	76,000	74,000
right-of-use asset amortization	100,000	337,000	336,000	334,000	326,000	373,000	371,000	368,000		363,000	361,000	360,000		355,000	354,000	351,000		347,000	346,000	344,000
amortization of nonvested stock compensation expense	1,851,000	1,919,000	1,780,000	1,496,000	1,509,000	1,508,000	1,451,000	1,382,000		1,397,000	1,219,000	1,559,000		840,000	826,000	690,000		597,000	551,000	522,000		534,000	476,000	481,000	461,000	575,000	569,000	452,000	455,000	645,000	638,000	493,000	517,000	1,255,000	1,570,000	711,000	5,442,000	5,486,000	11,850,000	12,463,000	12,360,000	1,301,000	1,390,000	1,012,000	1,090,000	1,147,000	1,233,000	1,273,000	1,472,000	1,469,000	1,650,000	1,721,000	2,094,000	2,084,000	2,439,000	1,902,000	2,034,000	2,028,000	1,255,000		1,032,000	1,091,000	1,232,000	1,282,000	1,476,000	1,607,000	1,588,000		470,000	585,000	586,000
impairment of vessel assets	0	0			0	961,000																21,896,000	0	112,814,000	1,315,000	12,181,000			0	0	184,000	56,402,000	0	18,654,000			67,593,000	1,685,000	0	0	35,396,000
net gain on sale of vessels					225,000	-4,465,000
loss on debt extinguishment	0																												0	0
amortization of premium on derivatives					0	0	0	45,000		59,000
insurance proceeds for protection and indemnity claims	23,000	1,000	74,000	5,000	15,000	5,000	149,000	117,000		84,000	134,000	34,000		540,000	70,000	99,000		812,000	60,000	41,000		52,000	177,000	101,000	81,000	24,000	163,000	226,000	35,000	81,000	119,000	68,000
insurance proceeds for loss of hire claims	0	0	0	6,000	407,000					354,000												0							0	0
change in assets and liabilities:
decrease in due from charterers	-343,000	153,000	4,117,000	3,165,000	-942,000	9,235,000	-7,781,000	-4,073,000		171,000	-3,001,000	8,641,000				77,000		-8,157,000	-2,669,000	1,748,000		2,464,000	1,634,000	-1,303,000	6,690,000	-4,673,000	1,547,000	5,041,000			-1,122,000	-1,079,000	-1,987,000	-4,435,000	2,627,000	1,313,000	124,000	2,213,000		-2,090,000	2,373,000										2,449,000
increase in prepaid expenses and other current assets					-203,000							-2,263,000				-1,350,000				-2,692,000					-134,000				-660,000	-3,056,000	830,000	-3,740,000				-483,000								-675,000																	852,000	701,000	-3,236,000	55,000	-1,435,000	125,000	-1,808,000		110,000	-330,000	-1,512,000		-499,000
decrease in inventories	-3,640,000	-1,073,000			2,684,000	-511,000						-3,428,000				1,226,000		2,719,000				1,875,000			-4,226,000	6,343,000					-3,170,000	-4,561,000
increase in accounts payable and accrued expenses	-14,402,000	7,549,000	5,185,000	3,736,000	1,783,000	4,930,000	-2,932,000	5,831,000		7,732,000				-1,258,000	11,436,000	-2,834,000		-3,917,000	3,480,000	1,548,000		-502,000			8,111,000	4,233,000	2,942,000	-2,114,000	-5,598,000	5,885,000	1,190,000	1,094,000	728,000						1,191,000	3,912,000	3,163,000	5,506,000	8,558,000	2,619,000	-1,540,000	1,597,000	89,000									2,306,000	5,629,000	477,000	1,636,000		2,057,000	818,000	885,000	-1,235,000	2,149,000	2,404,000	-804,000		2,257,000	497,000	715,000		252,000	64,000	273,000
increase in deferred revenue	4,125,000			680,000	-1,221,000	-1,683,000	1,890,000	-3,067,000		-1,411,000	2,916,000	71,000		8,675,000	-4,344,000	52,000		5,066,000	1,986,000	-1,032,000		3,950,000	-3,450,000	1,191,000	302,000	-1,938,000			-3,827,000	3,832,000	1,295,000	-110,000	2,090,000	984,000	132,000	28,000					440,000			175,000	85,000																1,305,000	-40,000	-1,419,000	-85,000	902,000	1,916,000	551,000		1,941,000	646,000	919,000		-772,000	-531,000	210,000
decrease in operating lease liabilities	76,000	-533,000	-527,000	-519,000	-512,000	-577,000	-570,000	-563,000		-548,000	-523,000	-480,000		-467,000	-461,000	-456,000		-443,000	-439,000	-432,000		-422,000	-416,000	-412,000	-405,000	-401,000	-396,000	-390,000
deferred drydock costs incurred	-2,620,000	-22,233,000	-19,536,000	-11,411,000	-4,795,000	-9,554,000	-4,015,000	-2,194,000		-2,986,000	-3,632,000	-4,112,000		-8,058,000	-12,519,000	-1,685,000		-63,000	-883,000	-939,000		-1,206,000	-2,809,000	-2,784,000	-2,676,000	-6,477,000	-5,078,000	-410,000	-3,000	-774,000	-13,000	-1,446,000	-97,000	-2,394,000	-2,463,000	-2,828,000								-2,859,000																	-1,479,000	-1,622,000	-837,000	-2,020,000	-3,132,000	-689,000	-506,000		-832,000	-986,000	-861,000		-322,000	-712,000	-299,000
net cash from operating activities	15,897,000	7,690,000	5,401,000	2,902,000	29,994,000	35,572,000	29,032,000	32,251,000		13,218,000	19,382,000	19,566,000		54,289,000	46,604,000	52,555,000		72,435,000	49,058,000	13,494,000		24,992,000	-4,939,000	-4,038,000	30,768,000	13,935,000	3,211,000	11,612,000	22,532,000	18,356,000	15,558,000	9,461,000	22,076,000	5,024,000	5,398,000	-5,983,000								21,482,000									38,371,000	42,813,000	40,152,000	72,952,000	71,713,000	63,022,000	54,993,000	53,449,000	56,520,000	54,274,000	55,486,000	59,990,000	75,799,000	75,916,000	55,711,000		28,300,000	24,211,000	23,329,000		21,695,000	20,714,000	23,912,000
capital expenditures	0	0	0	0	0	0	0	0		0	0	0		0	0	0		0	0	0		0	0	0	0	0	0	0	0	0	0	0	0	0	0	0								0									0	0	0	0	0	0	0	0	0	0	0	0	0	0	0		0	0	0		0	0	0
free cash flows	15,897,000	7,690,000	5,401,000	2,902,000	29,994,000	35,572,000	29,032,000	32,251,000		13,218,000	19,382,000	19,566,000		54,289,000	46,604,000	52,555,000		72,435,000	49,058,000	13,494,000		24,992,000	-4,939,000	-4,038,000	30,768,000	13,935,000	3,211,000	11,612,000	22,532,000	18,356,000	15,558,000	9,461,000	22,076,000	5,024,000	5,398,000	-5,983,000								21,482,000									38,371,000	42,813,000	40,152,000	72,952,000	71,713,000	63,022,000	54,993,000	53,449,000	56,520,000	54,274,000	55,486,000	59,990,000	75,799,000	75,916,000	55,711,000		28,300,000	24,211,000	23,329,000		21,695,000	20,714,000	23,912,000
cash flows from investing activities:
purchase of vessels and ballast water treatment systems, including deposits	-73,519,000	-9,935,000	-2,954,000	-2,845,000	-49,711,000	-2,565,000	-472,000	-930,000		-354,000	-1,128,000	-2,003,000		-2,533,000	-2,864,000	-45,482,000		-88,521,000	-23,488,000	-1,190,000		-1,104,000	-2,002,000	-273,000
purchase of other fixed assets	-296,000	-1,160,000	-1,074,000	-652,000	-731,000	-886,000	-1,142,000	-240,000		-367,000	-717,000	-1,085,000		-1,002,000	-444,000	-1,483,000		-470,000	-279,000	-152,000		-968,000	-1,677,000	-1,039,000	-1,124,000	-1,096,000	-1,295,000	-1,199,000	-574,000	-397,000	-333,000	-158,000	-92,000	-133,000	-44,000	-21,000								-778,000																	-326,000	-307,000	-45,000	-45,000	-85,000	-63,000	-14,000		-261,000	-136,000	-144,000		-70,000	-361,000	-619,000
net proceeds from sale of vessels					24,274,000	11,362,000	49,238,000	18,505,000										7,600,000	7,824,000	21,272,000		15,128,000	216,000	14,510,000	20,654,000	0	-42,000	6,351,000	33,704,000				0	0	2,916,000	12,597,000
insurance proceeds for hull and machinery claims	0	0	283,000	581,000	300,000	687,000	0	159,000		959,000	1,167,000	235,000		0				0	234,000	61,000		0	327,000	157,000	0	0			163,000	359,000	1,500,000	1,607,000
net cash from investing activities	-73,815,000	-11,095,000	-3,745,000	-2,916,000	-25,868,000	8,598,000	47,624,000	17,494,000		238,000	-678,000	-2,853,000		-3,535,000	-3,015,000	-46,965,000		-81,458,000	-15,794,000	19,950,000		12,947,000	-6,197,000	5,577,000	8,948,000	-18,100,000	-9,575,000	-4,122,000	31,116,000	-228,360,000	420,000	1,449,000	-3,176,000	1,115,000	3,835,000	13,187,000	3,308,000	389,000						-105,031,000																-96,083,000	-207,727,000	-1,187,000	-1,213,000	-88,010,000	-124,278,000	-169,649,000	-132,351,000		-564,595,000	-103,218,000	12,817,000		-8,231,000	-378,000	-642,000
cash flows from financing activities:
proceeds from the 600 million revolver	30,000,000
proceeds from the 500 million revolver	0	0
repayments on the 500 million revolver	0				-10,000,000	-25,000,000	-65,000,000	-30,000,000
proceeds from the 450 million credit facility
repayments on the 450 million credit facility										-8,750,000	-8,750,000	-8,750,000		-8,750,000	-8,750,000	-48,750,000
cash dividends paid	-6,486,000	-6,445,000	-6,443,000	-13,433,000	-17,101,000	-14,538,000	-17,987,000	-17,885,000		-6,381,000	-6,459,000	-21,666,000		-21,141,000	-33,283,000	-28,289,000		-4,192,000	-2,095,000	-888,000		-837,000	-836,000	-7,290,000																																								-31,519,000	-31,795,000	-29,078,000	-24,717,000		-16,839,000	-16,840,000	-16,842,000		-15,261,000	-15,260,000	-15,261,000
payment of deferred financing costs	-7,000	-5,953,000			0	0	0	-38,000						0	0	-11,000						-179,000			0	0	-20,000	-591,000	-346,000	-1,820,000														-794,000																	0	-108,000	-3,444,000	-146,000	-3,269,000	0	-344,000		-6,393,000				-691,000	-8,000	-27,000
net cash from financing activities	23,507,000	57,602,000	3,540,000	-13,433,000	-7,101,000	-39,538,000	-82,987,000	-47,923,000		-15,131,000	-15,209,000	-30,416,000		-29,891,000	-42,033,000	-77,050,000		-71,691,000	-36,088,000	-49,098,000		-20,056,000	4,520,000	-14,280,000	-43,658,000	4,920,000	-21,175,000	-17,276,000	-16,926,000	105,732,000	53,134,000	-14,657,000	-2,133,000	-781,000	-953,000	-1,731,000			13,363,000	11,287,000	2,204,000			96,779,000	80,568,000					-8,089,000	28,231,000			245,000	461,000	8,040,000	487,674,000	-4,196,000	198,642,000	-12,856,000	166,200,000	-108,000	-3,444,000	10,521,000	94,970,000	141,402,000	53,439,000	304,590,000	519,735,000	59,647,000	-22,542,000	57,797,000	-7,827,000	-15,268,000	-15,288,000
net increase in cash, cash equivalents and restricted cash	-34,411,000			-13,447,000				1,822,000																					36,722,000	-104,272,000	69,112,000	-3,747,000
cash, cash equivalents and restricted cash at beginning of period	0	0	0	44,005,000	0	0	0	46,857,000		0	0	64,100,000		0	0	120,531,000		0	0	179,679,000		0	0	162,249,000	0	0	0	202,761,000	0	0	0	204,946,000
cash, cash equivalents and restricted cash at end of period	-34,411,000	54,197,000	5,196,000	30,558,000	-2,975,000	4,632,000	-6,331,000	48,679,000		-1,675,000	3,495,000	50,397,000		20,863,000	1,556,000	49,071,000		-80,714,000	-2,824,000	164,025,000		17,883,000	-6,616,000	149,508,000	-3,942,000	755,000	-27,539,000	192,975,000	36,722,000	-104,272,000	69,112,000	201,199,000
decrease in prepaid expenses and other current assets		924,000	425,000	317,000			723,000	651,000										701,000				-361,000	1,578,000	-1,074,000			-762,000	927,000					-60,000	-178,000
decrease in deferred revenue																												-1,907,000
net decrease in cash, cash equivalents and restricted cash										-1,675,000	3,495,000	-13,703,000		20,863,000	1,556,000	-71,460,000		-80,714,000	-2,824,000	-15,654,000		17,883,000	-6,616,000	-12,741,000				-9,786,000
net loss on sale of vessels
increase in inventories				-1,103,000				-3,889,000		-4,605,000				-441,000						-2,565,000				-2,134,000				-1,077,000	432,000
loss on sale of vessels								978,000										159,000	15,000	720,000		358,000	0	486,000									0	0
genco tiberius limited
genco london limited
genco titus limited
genco warrior limited
genco predator limited
genco hunter limited
genco constantine limited
genco hadrian limited
genco commodus limited
genco maximus limited
genco claudius limited
genco aquitaine limited
genco ardennes limited
genco auvergne limited
genco bourgogne limited
genco brittany limited
genco languedoc limited
genco picardy limited
genco pyrenees limited
genco rhone limited
genco weatherly limited
genco columbia limited
genco endeavour limited
genco resolute limited
genco defender limited
genco liberty limited
genco magic limited
genco vigilant limited
genco freedom limited
genco enterprise limited
genco madeleine limited
genco mayflower limited
genco constellation limited
genco laddey limited
genco mary limited
genco reliance limited																																																																									0
genco ranger limited
baltic lion limited
baltic tiger limited
baltic bear limited
baltic wolf limited
baltic hornet limited
baltic wasp limited
baltic scorpion limited
baltic mantis limited
amortization of premium on derivative												59,000		-47,000	67,000	43,000		42,000	42,000	69,000
decrease in accounts payable and accrued expenses												-97,000												-9,916,000											1,778,000	-3,184,000
amortization of fair market value of time charters acquired
interest rate cap premium payment																		0	0	-240,000
increase in due from charterers														-903,000															-3,770,000															539,000																						-1,204,000	-353,000		-869,000	-897,000	-513,000			-254,000	-87,000
purchase of scrubbers																		-67,000	-85,000	-41,000		-109,000	-3,061,000	-7,778,000	-7,014,000	-14,366,000
repayments on the 133 million credit facility																		-90,620,000	-1,580,000	-22,740,000		-2,380,000
repayments on the 495 million credit facility																		-276,405,000	-32,413,000	-25,470,000		-16,660,000	-16,661,000	-16,660,000	-21,201,000	-15,000,000	-19,575,000	-15,000,000
proceeds from the 133 million credit facility																						0
proceeds from the 495 million credit facility																						0

genco avra limited
genco mare limited
genco spirit limited
genco lorraine limited
genco provence limited
baltic leopard limited
baltic panther limited
baltic cougar limited
baltic cove limited
baltic fox limited
baltic hare limited
net loss																						-21,098,000	-18,204,000	-120,350,000	883,000	-14,591,000	-34,476,000	-7,801,000		5,707,000	-1,118,000	-55,813,000	2,570,000	-31,183,000						-51,951,000	-79,115,000
adjustments to reconcile net loss to net cash from operating activities:
noncash operating lease expense																						340,000	339,000	337,000	335,000	334,000	292,000	285,000
impairment of right-of-use asset																									0	0
payment of common stock issuance costs																									0	0	0	-105,000	0	-448,000
repayments on the 108 million credit facility																								-1,580,000	-1,580,000	-1,580,000	-1,580,000	-1,580,000
proceeds from 495 million credit facility																								11,250,000	0
pik interest																																	-33,000	1,547,000	1,525,000	1,503,000
payment of pik interest																													0	0
decrease in other noncurrent assets																													0	0	0	514,000
increase in deferred rent
proceeds from the 108 million credit facility																													0
repayments on the 400 million credit facility																													0	0	-388,166,000	-11,434,000	-100,000	-100,000	-100,000	-100,000
repayments on the 98 million credit facility																													0	0	-91,397,000	-2,542,000
repayments on the 2014 term loan facilities																													0	0	-24,863,000	-681,000	-701,000	-681,000	-700,000	-681,000
payment of debt extinguishment costs																													0	0
proceeds from issuance of common stock																													0	0																		0	0	0	50,721,000					0
payment of series a preferred stock issuance costs																																	0	0	-153,000	-950,000
gain on sale of vessels																										0	0	-611,000	-2,004,000							-6,369,000																															-26,227,000
purchase of vessels, including deposits																										-2,638,000	1,520,000	-9,274,000	-2,177,000	-238,948,000			-10,000	0	-217,000	-35,000
proceeds from 460 million credit facility
impairment of investment
realized gain on sale of investment
increase in lease obligations																													-108,000	449,000	359,000	180,000	180,000	180,000	180,000	180,000	180,000	180,000	180,000	196,000	203,000	97,000	100,000	-9,000	27,000	0	125,000	449,000	268,000	209,000	398,000
sale of afs securities																																					1,502,000	859,000
proceeds from the 460 million credit facility																													0	0
repayments on the 460 million credit facility
proceeds from 400 million credit facility
repayments on the 100 million term loan facility
repayments on the 253 million term loan facility
repayments on the 2015 revolving credit facility
repayments on the 44 million term loan facility
repayments on the 148 million credit facility
repayments on the 22 million term loan facility
cash settlement of non-accredited note holders
proceeds from issuance of series a preferred stock
realized loss on sale of investment																																					19,000	73,000
proceeds from the 2015 revolving credit facility																																							10,000,000
proceeds from the 98 million credit facility
proceeds from the 148 million credit facility
repayments on the 2010 credit facility
changes in deposits of restricted cash																																		1,248,000	1,180,000	646,000			-15,000	0	19,645,000
net increase in cash and cash equivalents																																		5,358,000	8,280,000	5,473,000								13,230,000						-665,000	18,715,000		5,555,000	10,764,000	4,589,000	6,010,000	68,728,000	-209,344,000	217,216,000		14,993,000	52,979,000	50,829,000
cash and cash equivalents at beginning of period																																		0	0	133,400,000	0	121,074,000	0	0	83,414,000	0	122,722,000		0	0	72,600,000		0	0	227,968,000		0	0	270,877,000		0	0	188,267,000		0	0	124,956,000	0	0	0	71,496,000		0	0	73,554,000
cash and cash equivalents at end of period																																		5,358,000	8,280,000	138,873,000	-18,942,000	75,604,000	-17,170,000	-7,135,000	68,783,000	-34,688,000	92,408,000		39,937,000	14,506,000	55,049,000		-158,240,000	-665,000	246,683,000		5,555,000	10,764,000	275,466,000		68,728,000	-209,344,000	405,483,000		14,993,000	52,979,000	175,785,000	-17,499,000	46,491,000	47,669,000	48,295,000		-16,560,000	-19,360,000	87,158,000
non-cash reorganization items and fresh-start reporting adjustments
goodwill impairment
amortization of time charters acquired																																												-51,000
amortization of discount on convertible senior notes																																										293,000	1,299,000	1,310,000	1,265,000	1,209,000	1,179,000	1,192,000	1,157,000	1,098,000	1,090,000	1,073,000	1,047,000	985,000	967,000	1,013,000
interest expense related to the de-designation of the interest rate swap
(gain) loss on sale of vessels
realized (gain) loss on sale of investment
decrease (increase) in due from charterers																																											2,803,000					-3,098,000	2,340,000						1,115,000							-983,000	1,150,000	-782,000
decrease (increase) in prepaid expenses and other current assets																																					1,320,000	811,000											298,000																										130,000
proceeds from the 2014 term loan facilities
payment of dividend by subsidiary																																												-1,005,000
proceeds from rights offering
payment of common stock issuance costs by subsidiary																																												-327,000
loss on sale of vessel assets
net proceeds from sale of vessel assets
net decrease in cash and cash equivalents
loss on disposal of vessels																																							0
increase (decrease) in deferred revenue
proceeds from the baltic trading 148 million credit facility																																								0	115,000,000
repayments on the baltic trading 148 million credit facility
repayments on the 2010 baltic trading credit facility
repayments on the baltic trading 22 million term loan facility
repayments on the baltic trading 2014 term loan facilities
adjustments to reconcile net loss to net cash used in operating activities:
repayments on the baltic trading 44 million term loan facility
receipt of stock in lieu of cash payment
unrealized gain on derivative instruments																																												1,000	-2,000	1,000	4,000																4,000				-45,000						2,195,000	-1,721,000	-476,000
repayments on the 2007 credit facility																																																																-53,000,000	0	-195,000,000	-73,000,000
proceeds on the 2010 baltic trading credit facility
proceeds from the baltic trading 22 million term loan facility
proceeds from the baltic trading 44 million term loan facility
proceeds from the 2014 baltic trading term loan facilities
proceeds from issuance of common stock by subsidiary																																												55,280,000	59,862,000											0	0	0	214,508,000
unrealized loss on derivative instruments																																																													14,000				-11,000
increase in other noncurrent assets
proceeds from the 100 million term loan facility																																																				20,000,000	20,000,000			0
proceeds from the 253 million term loan facility																																																				0	0	0	21,500,000	0
proceeds from the 2010 baltic trading credit facility																																												0												31,425,000
payment of convertible senior notes issuance costs
cash and cash equivalents at beginning of year
cash and cash equivalents at end of year
purchase of vessels																																																													-190,864,000	-204,000	-473,000	-98,377,000	-164,828,000	-93,864,000	-153,276,000
proceeds from the 2013 baltic trading credit facility
deposits on vessels																																																													463,000	-676,000	-695,000	53,919,000	23,233,000	-80,178,000	-463,000
proceeds from sale of vessels																																																																			43,080,000
proceeds from the baltic trading 2010 credit facility
proceeds from issuance of convertible senior notes																																																								0
payment of subsidiary common stock issuance costs
unrealized (gain) loss on derivative instruments
increase in deferred rent credit																																																				213,000	377,000																-4,000	-5,000	-5,000		36,000	116,000	117,000
net cash provided by operating activities
proceeds from the 2007 credit facility																																																																		169,750,000	151,500,000
payment of deferred financing costs and deferred registration costs
net cash (used in) provided by financing activities
net (decrease) increase in cash and cash equivalents
adjustments to reconcile net income to net cash provided by operating activities:
deposits on vessels to be sold
proceeds from sale of vessel																																																																	4,000				0	0	13,004,000
payments of subsidiary common stock issuance costs
decrease in deferred rent credit																																																													-4,000	-5,000	-5,000		-5,000	-4,000	-5,000
deposits of restricted cash
realized gain on forward currency contracts
unrealized loss on hedged investment
unrealized gain on forward currency contract																																																																			-1,678,000
realized income on investments
gain on sale of vessel																																																																0	0				0	0	-3,575,000
loss on forfeiture of vessel deposits
purchase of investments
proceeds from forward currency contracts																																																																10,297,000
payments on forfeiture of vessel deposits
payments to acquire and retire common stock																																																																-1,502,000
amortization of time charterers acquired
amortization of fair market value of time charterers acquired																																																													-4,813,000	-4,761,000	-4,708,000
income statement data:
revenues
operating expenses:
voyage expenses
vessel operating expenses
general and administrative expenses
management fees
total operating expenses
operating income
other income
earnings per share - basic
earnings per share - diluted
dividends declared and paid per share
weighted-average common shares outstanding - basic
weighted-average common shares outstanding - diluted
balance sheet data:
cash and cash equivalents
total assets
total debt
total shareholders’ equity
other data:
ebitda
unrealized gain on forward currency contracts
realized income on investment
proceeds from 2007 credit facility
net proceeds from issuance of common stock																																																																-112,000	-176,000
see accompanying notes to consolidated financial statements.
realized losses on forward currency contracts																																																																		-1,866,000	11,473,000
unrealized gain on hedged investment
unrealized loss on forward currency contracts
payments on forward currency contracts																																																																		1,866,000	-11,428,000
amortization of fair market value of time charter acquired																																																																			-6,849,000
realized (gain) loss on forward currency contracts																																																																-10,309,000
unrealized (gain) loss on forward currency contract
proceeds from the 2005 credit facility, short-term line and original credit facility
repayments on the 2005 credit facility, short-term line and original credit facility
amortization of value of time charterers acquired
unrealized gain on hedged short-term investment																																																																	18,742,000	-226,000	-9,668,000
unrealized (gain) loss on forward currency contracts
realized income on short-term investments																																																																	-4,411,000
purchase of short-term investments																																																																	-1,000	0	-10,250,000		-12,444,000
proceeds from 2005 credit facility and short-term line
repayment of 2005 credit facility and short-term line
net increase increase in cash
amortization of value of time charters acquired
unrealized loss on forward currency contract
proceeds from the 2005 credit facility and short-term line
repayments on the 2005 credit facility and short-term line
net increase in cash																																																																		47,669,000	-23,201,000		-16,560,000	-19,360,000	13,604,000		5,637,000	5,068,000	7,982,000
net cash flow provided by operating activities
net cash flow used in investing activities
deposits on vessels to be acquired
supplemental disclosure of cash flow information:
cash paid during the period for interest, net of amounts capitalized
amortization of value of time charter acquired																																																																						461,000	456,000		466,000	461,000	456,000
purchase of vessels, net of deposits																																																																						0	-43,000			-17,000	-23,000
repayment of credit facilities																																																																						0	-5,700,000
proceeds from short-term line
cash paid during the period for interest																																																																						3,627,000	2,675,000		2,334,000	1,932,000	2,225,000
cash
cash flow data:
amortization of restricted stock compensation expense																																																																									318,000	497,000	519,000
proceeds from credit facilities
repayments on credit facilities
capital contributions from shareholder
cash at beginning of period																																																																									0	0	46,912,000
cash at end of period																																																																									5,637,000	5,068,000	54,894,000
wholly owned subsidiaries
genco glory limited																																																																									0
genco vigour limited																																																																									0
genco explorer limited																																																																									0
genco carrier limited																																																																									0
genco sugar limited																																																																									0
genco pioneer limited																																																																									0
genco progress limited																																																																									0
genco wisdom limited																																																																									0
genco success limited																																																																									0
genco beauty limited																																																																									0
genco knight limited																																																																									0
genco leader limited																																																																									0
genco marine limited																																																																									0
genco prosperity limited																																																																									0
genco trader limited																																																																									0
genco muse limited																																																																									0
genco commander limited																																																																									0
genco acheron limited																																																																									0
genco surprise limited																																																																									0
repayments on credit facilies
deferred registration costs
increase in restricted cash

Genco Shipping & Trading Limited(NYSE:GNK)

Genco Shipping & Trading Limited
(NYSE:GNK)