[SCHEDULE 13G/A] GENCO SHIPPING & TRADING LTD SEC Filing

Rhea-AI Filing Summary

Kibo Investments Pte. Ltd. has filed Amendment No. 1 to a Schedule 13G reporting its beneficial ownership in Genco Shipping & Trading Limited (GNK). As of the event date 30 June 2025, Kibo holds 4,156,171 common shares, representing 9.7 % of the 42,959,464 shares outstanding (per the issuer’s 10-Q dated 07 May 2025). The Singapore-based investor reports sole voting and dispositive power over the entire stake and no shared power, indicating an independent, passive holding.

The filing was made under Rule 13d-1(c) for investors not seeking to influence control. The director Bernard Fung signed the certification on 02 July 2025. Crossing the 5 % threshold and approaching 10 % places Kibo among GNK’s largest shareholders, a data point that can affect ownership structure analyses, potential future proxy dynamics, and liquidity considerations.

Positive

• Kibo Investments now owns 9.7 % of GNK, signaling meaningful institutional interest.
• Sole voting & dispositive power over 4.16 M shares may provide stable, aligned shareholder voice.

Negative

• None.

Insights

Securities Analyst

TL;DR – Kibo discloses 9.7 % passive stake in GNK; adds noteworthy shareholder but no control intent.

The Amendment No. 1 Schedule 13G reveals that Kibo Investments now controls 4.16 million GNK shares, equating to 9.7 % of outstanding equity. Because Kibo filed on a 13G rather than 13D, it affirms a passive stance with no current intention to influence management or strategic direction. The stake size is large enough to place Kibo among the top holders, potentially improving stock liquidity and offering a vote of confidence in GNK’s valuation. However, the absence of purchase price, timing details, or strategic commentary limits immediate valuation impact. Overall, the disclosure is informative yet neutral-to-slightly-positive for investors tracking ownership concentration.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Genco Shipping & Trading Limited

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

Y2685T115

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. Y2685T115

1

Names of Reporting Persons

Kibo Investments Pte. Ltd.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

SINGAPORE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 4,156,171.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 4,156,171.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,156,171.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.7 %

12

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person: Based on 42,959,464 shares of common stock outstanding as of May 7, 2025, as reported in the issuer's Form 10-Q filing for the quarterly period ended March 31, 2025, filed on May 7, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Genco Shipping & Trading Limited
(b)	Address of issuer's principal executive offices: 299 Park Avenue, 12th Floor New York, New York, 10171
Item 2.
(a)	Name of person filing: Kibo Investments Pte. Ltd.
(b)	Address or principal business office or, if none, residence: 12 Marina Boulevard, #24-03, MBFC Tower 3, Singapore 018982
(c)	Citizenship: Singapore
(d)	Title of class of securities: Common Stock, par value $0.01 per share
(e)	CUSIP No.: Y2685T115
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 4,156,171
(b)	Percent of class: 9.7 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 4,156,171
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 4,156,171
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Kibo Investments Pte. Ltd.

Signature:	/s/ Bernard Fung
Name/Title:	Bernard Fung, Director
Date:	07/02/2025

FAQ

How many GNK shares does Kibo Investments own?

Kibo Investments reports ownership of 4,156,171 common shares of Genco Shipping & Trading.

What percentage of Genco Shipping does Kibo Investments control?

The filing states Kibo holds 9.7 % of GNK’s outstanding common stock.

Does Kibo share voting power with other parties?

No. Kibo lists sole voting and dispositive power over the entire 4.16 million-share stake.

When was the Schedule 13G/A event date for GNK?

The report covers an event date of 30 June 2025 with signature dated 02 July 2025.

Under which SEC rule was this Schedule 13G filed?

The form designates Rule 13d-1(c), applicable to passive investors exceeding the 5 % threshold.