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May 6, 2021
Less: Reserve Cash flow distributable as dividends For purposes of the foregoing calculation, operating cash flow is defined as voyage revenue less voyage expenses, charter hire expenses, vessel operating expenses, general and administrative expenses other than non-cash restricted stock expenses, technical management fees, and interest expense other than non-cash deferred financing costs. Anticipated uses for the reserve include, but are not limited to, vessel acquisitions, debt repayments, and...
May 5, 2021
Press release content from Globe Newswire. The AP news staff was not involved in its creation. Genco Shipping & Trading Limited Announces First Quarter Financial Results Genco Shipping & Trading LimitedMay 5, 2021 GMT Further Steps Taken Towards Implementation of New Comprehensive Value Strategy Increases quarterly cash dividend to $0.05 per share NEW YORK, May 05, 2021 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (โGencoโ or the โCompanyโ), the largest U.S. headquar...
February 25, 2021
Home / Shipping News / International Shipping News / Genco Shipping & Trading Completes Ultramax Acquisition and Divestiture Portion of Fleet Renewal Plan, Declares a Regular Quarterly Cash Dividend of $0.02 per Share Genco Shipping & Trading Completes Ultramax Acquisition and Divestiture Portion of Fleet Renewal Plan, Declares a Regular Quarterly Cash Dividend of $0.02 per Share Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the transportation of ...