Genco Shipping & Trading Ltd. Files Q1 2025 10-Q
Ticker: GNK · Form: 10-Q · Filed: May 7, 2025 · CIK: 1326200
| Field | Detail |
|---|---|
| Company | Genco Shipping & Trading LTD (GNK) |
| Form Type | 10-Q |
| Filed Date | May 7, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, shipping, financials
TL;DR
Genco Shipping Q1 2025 10-Q filed. Financials look steady.
AI Summary
Genco Shipping & Trading Ltd. filed its 10-Q for the period ending March 31, 2025. The filing details financial performance and operational updates for the first quarter of 2025. Key financial figures and business activities are presented, reflecting the company's status in the drybulk shipping market.
Why It Matters
This filing provides investors with an update on Genco Shipping & Trading's financial health and operational performance, crucial for understanding its position in the volatile drybulk shipping market.
Risk Assessment
Risk Level: medium — The drybulk shipping industry is inherently volatile, subject to global economic conditions, geopolitical events, and supply/demand dynamics, which can significantly impact Genco's financial performance.
Key Numbers
- 42959464 — Prepaid Expense and Other Assets Current (As of March 31, 2025)
- 42757895 — Accounts Payable and Accrued Liabilities Current (As of March 31, 2025)
Key Players & Entities
- GENCO SHIPPING & TRADING LTD (company) — Filer
- 20250331 (date) — Reporting Period End Date
- 20250507 (date) — Filing Date
- 299 PARK AVENUE (address) — Business Address
- GsShipmanagementPte.LtdMember (company) — Variable Interest Entity
FAQ
What was Genco Shipping & Trading Ltd.'s total revenue for the first quarter of 2025?
The provided text does not contain specific revenue figures for the first quarter of 2025.
What is the company's primary business activity?
The company's Standard Industrial Classification is DEEP SEA FOREIGN TRANSPORTATION OF FREIGHT [4412].
What is the filing date of this 10-Q report?
The filing date is 20250507.
What is the reporting period for this 10-Q?
The conforming period of report is 20250331.
What is the company's registered state of incorporation?
The state of incorporation is 1T.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 7, 2025 regarding GENCO SHIPPING & TRADING LTD (GNK).