What Does Genco Shipping & Trading Limited Do?

Total employees65
HeadquartersNew York
Founded2004

Genco Shipping & Trading Limited (NYSE: GNK) is a U.S.-based company, incorporated in the Marshall Islands, specializing in the global seaborne transportation of drybulk cargoes. With executive offices in New York City, Genco owns and operates a modern fleet of Capesize, Ultramax, and Supramax vessels. These ships transport key commodities such as iron ore, coal, grain, steel products, and other drybulk materials across worldwide shipping routes. Genco is committed to a comprehensive value strategy that includes fleet modernization, maintaining a strong balance sheet, and returning capital to shareholders through dividends. The company focuses on operational excellence, safety, and environmental responsibility in all its maritime activities.

Where Is Genco Shipping & Trading Limited's Headquarters?

HQ Function

Serves as the central hub for Genco's global operations, strategic decision-making, financial management, corporate governance, and investor relations.

Notable Features:

Modern office facilities situated in a prominent Manhattan business district, equipped to support global communication and efficient management of its international shipping operations.

Work Culture:

A professional, performance-driven, and dynamic environment focused on the complexities of the global shipping industry. The culture emphasizes expertise, lean operations, ethical conduct, and proactive engagement with market trends.

HQ Significance:

The New York City headquarters is significant due to its location in a major global financial and commercial center. This provides Genco with direct access to capital markets, a diverse talent pool, and key industry stakeholders, reinforcing its position as an internationally recognized shipping company listed on the NYSE.

Values Reflected in HQ: The headquarters' location and professional environment reflect Genco's commitment to transparency (as a U.S. listed entity), access to global financial markets, strategic international commerce, and operational excellence.

Location:

Genco Shipping & Trading Limited operates its fleet on a worldwide basis, serving customers across all major international drybulk trade routes. Functions supported globally include vessel chartering, commercial operations, technical ship management, crew administration, financial reporting, and strategic planning. Their vessels connect key loading ports in regions like Australia, Brazil, and North America with discharge ports in Asia, Europe, and other destinations, transporting essential raw materials for various industries.

Street Address:

299 Park Avenue, 12th Floor

City:

New York

State/Province:

NY

Country:

USA

Where Else Does Genco Shipping & Trading Limited Operate Around the World?

Singapore, Singapore

Address: Genco Ship Management Pte. Ltd., 8 Temasek Boulevard, #29-01 Suntec Tower Three, Singapore 038988

Manages and supports fleet operations, commercial activities, and technical oversight in the Asia-Pacific region, a critical area for drybulk trade routes and cargo movements.

Copenhagen, Denmark

Address: Genco Ship Management DK ApS, Tuborg Havnevej 15, DK-2900 Hellerup, Denmark

Oversees commercial operations, customer relations, and market intelligence within Europe and the Atlantic, complementing the company's global trading network.

Buying Intent Signals for Genco Shipping & Trading Limited

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Genco Shipping & Trading Limited? Meet the Executive Team

As of April 2025, Genco Shipping & Trading Limited' leadership includes:

John C. Wobensmith - President and Chief Executive Officer
Peter Allen - Chief Financial Officer
Robert E. Hughes - Chief Operations Officer
Jesper Christensen - Chief Commercial Officer
Joseph Adamo - Chief Accounting Officer

Who's Investing in Genco Shipping & Trading Limited?

Genco Shipping & Trading Limited has been backed by several prominent investors over the years, including:

BlackRock Inc.
The Vanguard Group, Inc.
Dimensional Fund Advisors LP
Geode Capital Management, LLC
State Street Corporation

What Leadership Changes Has Genco Shipping & Trading Limited Seen Recently?

Hire2
Exits0

In the past 12 months (May 2023 - May 2024), Genco Shipping & Trading Limited announced key internal promotions within its executive team, notably appointing a new Chief Operations Officer and a new Chief Commercial Officer. No major executive departures at the C-suite level were publicly announced during this period.

New Appointments:

Robert E. Hughes, Robert E. Hughes appointed as Chief Operations Officer, promoted from Chief Commercial Officer.
Jesper Christensen, Jesper Christensen appointed as Chief Commercial Officer, promoted from Managing Director of Genco Shipping Copenhagen.

What Technology (Tech Stack) Is Used byGenco Shipping & Trading Limited?

Discover the tools Genco Shipping & Trading Limited uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Genco Shipping & Trading Limited Email Formats and Examples

Genco Shipping & Trading Limited likely utilizes common corporate email formats based on employee names and their official domain, genco-shipping.com. While specific internal patterns can vary, standard conventions are usually followed.

A common pattern is `[first_initial][last]@genco-shipping.com`. Another possible format is `[first].[last]@genco-shipping.com`.

Format

jwobensmith@genco-shipping.com

Example

80%

Success rate

What's the Latest News About Genco Shipping & Trading Limited?

Yahoo FinanceMay 9, 2024

Genco Shipping & Trading Limited Announces First Quarter 2024 Financial Results

Genco reported its financial and operating results for the first quarter of 2024, including details on net income, Time Charter Equivalent (TCE) rates, and fleet deployment. The company also provided updates on its value strategy and shareholder return policy....more

Genco Shipping & Trading Limited Press ReleaseFebruary 21, 2024

Genco Shipping & Trading Limited Announces Fourth Quarter and Full Year 2023 Financial Results and Declares a $0.42 Per Share Dividend

Genco announced its Q4 and full-year 2023 financial results, declared a quarterly dividend of $0.42 per share, and discussed progress on its fleet modernization and deleveraging efforts. The announcement also included the promotions of Robert Hughes to COO and Jesper Christensen to CCO....more

Genco Shipping & Trading Limited Press ReleaseOctober 2, 2023

Genco Shipping & Trading Limited Appoints Paramita Das to its Board of Directors

Genco announced the appointment of Ms. Paramita Das as an independent director to its Board of Directors, effective October 1, 2023. Ms. Das brings extensive experience in the metals, mining, and shipping industries....more

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