GENCO SHIPPING & TRADING LTD
Close on Oct 19, 2026
- Market cap
- $1.09B
- P/E (TTM)
- 26.9
- Dividend yield
- 3.07%
About Genco Shipping & Trading
Deep Sea Foreign Transportation of Freight, SIC 4412
Genco Shipping & Trading Limited is an ocean transportation company engaged in the maritime transport of drybulk cargoes globally. The company operates across major bulk and minor bulk freight segments, utilizing vessels such as Capesize, Newcastlemax, and other drybulk carriers to move commodities. Through its cargo and freight operations, the business serves international charterers, commodity traders, and industrial shippers, including major entities such as Oldendorff Carriers, ST Shipping and Transport, and Rio Tinto Shipping Asia.
The enterprise manages a fleet of drybulk vessels and maintains international operations, including subsidiaries and operating activities in the Republic of the Marshall Islands, the United States, Singapore, and Denmark. In addition to fleet management joint arrangements, the company maintains operating lease commitments for facilities in Singapore and New York. Genco Shipping & Trading Limited maintains its principal executive offices and corporate headquarters in New York, New York.
Summary of the business section of Genco Shipping & Trading's latest annual report, written by StockData.
Company profile
Company
- Legal name
- GENCO SHIPPING & TRADING LTD
- Headquarters
- New York, NY
- Address
- 299 Park Avenue, 12th Floor 10171
- Phone
- (646) 443-8550
- Website
- gencoshipping.com
- Employees
- 75, Dec 31, 2025
- Industry
- Deep Sea Foreign Transportation of Freight
- Incorporated in
- 1T
- Fiscal year ends
- December 31
- Auditor
- Deloitte & Touche LLP, New York, New York
Stock & identifiers
- Ticker
- GNK
- Exchange
- NYSE
- IPO date
- Jul 15, 2014
- Shares outstanding
- 44M, Aug 5, 2026
- Public float
- $551.80M, Jun 30, 2025
- Filer category
- Accelerated filer
- Stock splits
- 1-for-10 reverse, Jul 8, 2016; 1-for-10 reverse, Jul 7, 2016
- SEC CIK
- 1326200
- CUSIP
- Y2685T131
- ISIN
- USY2685T1310
- LEI
- 5493003MBZ5GU8QHXZ58
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| John C. Wobensmith | Chairman, CEO, and President, Director | 564,617 |
| Peter George Allen | Chief Financial Officer | 66,702 |
| Jesper Christensen | Chief Commercial Officer | 116,749 |
| Joseph Adamo | Chief Accounting Officer | 38,428 |
| Paramita Das | Director | 9,554 |
| Kathleen C. Haines | Director | 0 |
| Basil G. Mavroleon | Director | 739 |
| Arthur L. Regan | Director | 104,414 |
| Karin Y. Orsel | Director | 0 |
| James G. Dolphin | Director | 130,323 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Wobensmith | $3.97M | $5.95M | $1.48M | $358 | $288 |
| FY2024 Mr. Wobensmith | $3.97M | $3.60M | $1.37M | $258 | $219 |
| FY2023 Mr. Wobensmith | $3.17M | $4.25M | $820.01K | $283 | $290 |
| FY2022 Mr. Wobensmith | $4.91M | $5.64M | $1.26M | $247 | $251 |
| FY2021 Mr. Wobensmith | $2.59M | $4.89M | $701.53K | $222 | $229 |
| FY2020 Mr. Wobensmith | $2.17M | $1.35M | $559.56K | $72 | $82 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“Lastly, GSSM currently employs approximately 75 personnel.”
Corporate history
Events identified from SEC filings