Genco Shipping & Trading Limited - opened the session at $1.48, trading in a range of $1.33 – $1.48, and closed at $1.46. The stock showed a positive performance of 1.39% in the last trading session. The stock traded on a volume of 1.96 million shares and the average volume of the stock remained 1.66 million shares. Genco Shipping & Trading connects in the ocean transportation of drybulk cargoes through the ownership and operation of drybulk carrier vessels global. It transports iron ore, coal, grain, steel products, and other drybulk cargoes. The company charters its vessels mainly to trading houses, which include commodities traders; producers; and government-owned entities. Its fleet consists of 53 drybulk carriers, including 9 Capesize, 8 Panamax, 17 Supramax, 6 Handymax, and 13 Handysize drybulk carriers with an aggregate carrying capacity of approximately 3,810,000 dwt.
Posted on: Tue, 18 Mar 2014 10:56:32 +0000
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