Genco Shipping & Trading Limited Announces Delivery of High Specification Capesize Vessel
Genco Shipping & Trading (NYSE:GNK) announced delivery of the Genco Courageous, a 2020-built, 182,000 dwt scrubber-fitted Capesize vessel on October 16, 2025. Management said the vessel is high-spec and fuel efficient and that the addition expands the company’s presence in a key sector.
The company stated it has invested approximately $200 million in modern Capesize vessels since October 2023. Genco reported a fleet of 43 vessels with an average age of 12.7 years and aggregate capacity of about 4,628,000 dwt.
Genco Shipping & Trading (NYSE:GNK) ha annunciato la consegna del Genco Courageous, una nave Capesize da 182.000 dwt, costruita nel 2020 e dotata di scrubber, avvenuta il 16 ottobre 2025. La direzione ha detto che la nave è di alta specificazione e ad alta efficienza energetica e che l’aggiunta amplia la presenza dell’azienda in un settore chiave. L’azienda ha dichiarato di aver investito circa $200 million in moderne navi Capesize dal ottobre 2023. Genco ha riportato una flotta di 43 navi con un’età media di 12,7 anni e una capacità aggregata di circa 4,628,000 dwt.
Genco Shipping & Trading (NYSE:GNK) anunció la entrega del Genco Courageous, una nave Capesize de 182.000 dwt construida en 2020 y equipada con scrubber, el 16 de octubre de 2025. La dirección dijo que la nave es de alta especificación y eficiente en combustible y que la incorporación amplía la presencia de la empresa en un sector clave. La empresa declaró haber invertido aproximadamente $200 millones de dólares en modernas naves Capesize desde octubre de 2023. Genco reportó una flota de 43 buques con una edad media de 12,7 años y una capacidad agregada de aproximadamente 4,628,000 dwt.
Genco Shipping & Trading (NYSE:GNK)가 Genco Courageous를 인도했다고 발표했습니다. 이 선박은 2020년에 건조된 182,000 dwt의 scrubber가 장착된 Capesize 선박으로 2025년 10월 16일에 인도되었습니다. 경영진은 이 선박이 고사양이며 연료 효율이 높다고 말했으며 이 추가가 핵심 부문에서 회사의 존재감을 확대한다고 밝혔습니다. 회사는 2023년 10월 이후 현대적인 Capesize 선박에 약 $200 million를 투자했다고 공시했습니다. Genco는 평균 연령 12.7년의 43척의 선대와 총 용량 약 4,628,000 dwt를 보유하고 있다고 보도했습니다.
Genco Shipping & Trading (NYSE:GNK) a annoncé la livraison du Genco Courageous, un navire Capesize de 182.000 dwt construit en 2020 et équipé d’un scrubber, le 16 octobre 2025. La direction a déclaré que le navire est de haute spécification et économiseur de carburant et que cet ajout étend la présence de la société dans un secteur clé. La société a indiqué avoir investi environ $200 millions de dollars dans des navires Capesize modernes depuis octobre 2023. Genco a rapporté une flotte de 43 navires avec un âge moyen de 12,7 ans et une capacité agrégée d’environ 4,628,000 dwt.
Genco Shipping & Trading (NYSE:GNK) kündigte die Lieferung des Genco Courageous an, eine 182.000 dwt Capesize-Nimma aus dem Baujahr 2020 mit Scrubber, am 16. Oktober 2025. Die Geschäftsführung sagte, das Schiff sei hochwertig ausgestattet und kraftstoffeffizient, und dass die Ergänzung die Präsenz des Unternehmens in einem Schlüsselsegment erweitert. Das Unternehmen gab an, seit Oktober 2023 rund $200 Millionen in moderne Capesize-Schiffe investiert zu haben. Genco meldete eine Flotte von 43 Schiffen mit einem Durchschnittsalter von 12,7 Jahren und einer Gesamtkapazität von ca. 4.628.000 dwt.
Genco Shipping & Trading (NYSE:GNK) أعلنت عن تسليم سفينة Genco Courageous، وهي سفينة Capesize بسعة 182.000 dwt ومزودة بجهاز scrubber، من طراز 2020، في 16 أكتوبر 2025. قالت الإدارة إن السفينة ذات مواصفات عالية وكفاءة في استهلاك الوقود وأن الإضافة توسع حضور الشركة في قطاع رئيسي. ذكرت الشركة أنها استثمرت نحو $200 مليون دولار في سفن Capesize الحديثة منذ أكتوبر 2023. وأفادت Genco بأن أسطولها يضم 43 سفينة بمتوسط عمر 12.7 سنة وبقدرات إجمالية تقرب من 4.628.000 dwt.
Genco Shipping & Trading (NYSE:GNK) 宣布交付 Genco Courageous，这是一艘建于 2020 年、带 scrubber 的 Capesize 船，载重吨为 182.000 dwt，交付日期为 2025 年 10 月 16 日。管理层表示该船规格高、燃油效率高，此次增配将扩大公司在关键领域的存在。公司表示自 2023 年 10 月以来，在现代 Capesize 船舶上投资了约 $200 million。Genco 报告其船队共有 43 艘船，平均年龄为 12.7 年，总吞吐能力约为 4,628,000 dwt。
- Delivered 182,000 dwt scrubber-fitted Capesize vessel
- $200 million invested in modern Capesize vessels since Oct 2023
- Fleet of 43 vessels totaling ~4,628,000 dwt
- Average fleet age 12.7 years (older asset base risk)
Insights
Genco added a modern Capesize vessel and reports ~$200 million invested in modern Capes since Oct 2023, modestly strengthening its fleet.
Genco increased its operative capacity by taking delivery of the Genco Courageous, a 2020-built, 182,000 dwt scrubber-fitted Capesize. The company states this move expands presence in a core sector and forms part of approximately
The direct business effect is a clear asset-modernization step: a newer, fuel-efficient Capesize can carry large bulk cargoes and may alter operating mix within the stated fleet. Dependencies and risks remain tied to integration and utilization of the added vessel and the broader market for Capesize employment; the release does not provide financing details, chartering status, or incremental cash flow figures. Those omissions limit assessment of near-term financial impact.
Concrete items to watch include any disclosed charter contracts or daily rate guidance for the new vessel, statements on financing or capex allocation related to the
NEW YORK, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that it has taken delivery of the Genco Courageous, a 2020-built 182,000 dwt scrubber-fitted Capesize vessel.
John C. Wobensmith, Chief Executive Officer, commented, “We are pleased to take delivery of this high specification, fuel efficient Capesize vessel, which expands the Company’s presence in a key sector and marks approximately
About Genco Shipping & Trading Limited
Genco Shipping & Trading Limited is a U.S. based drybulk ship owning company focused on the seaborne transportation of commodities globally. We transport key cargoes such as iron ore, coal, grain, steel products, bauxite, cement, nickel ore among other commodities along worldwide shipping routes. Our wholly owned high quality, modern fleet of dry cargo vessels consists of the larger Capesize (major bulk) and the medium-sized Ultramax and Supramax vessels (minor bulk) enabling us to carry a wide range of cargoes. Genco’s fleet consists of 43 vessels with an average age of 12.7 years and an aggregate capacity of approximately 4,628,000 dwt.
CONTACT:
Peter Allen
Chief Financial Officer
Genco Shipping & Trading Limited
(646) 443-8550
FAQ
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