Genco Shipping & Trading Ltd.
- GNK ยท NYSE
- Deep Sea Foreign Transportation of Freight
- New York, NY
- 75 employees
- CIK 0001326200
Updated from SEC filings through
Top things to know
Executives
- John C. Wobensmith Chairman, CEO, and President 4, 2026-02-23
- Peter George Allen Chief Financial Officer 4, 2026-02-23
- Peter Allen CHIEF FINANCIAL OFFICER 10-K, 2026-02-18
- Jesper Christensen Chief Commercial Officer 4, 2026-02-23
- Joseph Adamo Chief Accounting Officer 4, 2026-02-23
Genco Shipping & Trading Ltd is a U.S. public company in deep sea foreign transportation of freight (SIC 4412), headquartered in New York, NY. It trades as GNK on NYSE. Revenue was $342M in the fiscal year ending December 31, 2025, -19.1% from the year before. It reported about 75 employees. John C. Wobensmith is Chairman, CEO, and President.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $342M 10-K, 2026-02-18 | $423M 10-K, 2026-02-18 | $384M 10-K, 2026-02-18 | $537M 10-K, 2025-02-21 | $547M 10-K, 2024-02-27 |
| Operating income | $7.5M 10-K, 2026-02-18 | $87.0M 10-K, 2026-02-18 | -$5.8M 10-K, 2026-02-18 | $167M 10-K, 2025-02-21 | $201M 10-K, 2024-02-27 |
| SG&A | $30.8M 10-K, 2026-02-18 | $29.1M 10-K, 2026-02-18 | $28.3M 10-K, 2026-02-18 | $25.7M 10-K, 2025-02-21 | $24.5M 10-K, 2024-02-27 |
| Net income | -$4.4M 10-K, 2026-02-18 | $76.4M 10-K, 2026-02-18 | -$12.9M 10-K, 2026-02-18 | $159M 10-K, 2025-02-21 | $182M 10-K, 2024-02-27 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| John C. Wobensmith | Chairman, CEO, and President | 4, 2026-02-23 |
| Peter George Allen | Chief Financial Officer | 4, 2026-02-23 |
| Peter Allen | CHIEF FINANCIAL OFFICER | 10-K, 2026-02-18 |
| Jesper Christensen Chief Commercial Officer at Genco Shipping & Trading Limited | Chief Commercial Officer | 4, 2026-02-23 |
| Joseph Adamo | Chief Accounting Officer | 4, 2026-02-23 |
| Arthur L. Regan | DIRECTOR | 10-K, 2026-02-18 |
| Basil G. Mavroleon | DIRECTOR | 10-K, 2026-02-18 |
| Karin Y. Orsel | DIRECTOR | 10-K, 2026-02-18 |
| Kathleen C. Haines | DIRECTOR | 10-K, 2026-02-18 |
| Paramita Das | DIRECTOR | 10-K, 2026-02-18 |
What Genco Shipping & Trading Ltd does
We are a New York City-based pure-play drybulk ship owning company focused on the seaborne transportation of commodities globally. We transport key cargoes such as iron ore, coal, grain, bauxite, steel products and other drybulk cargoes along worldwide shipping routes.7 years.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 43.6 million (as of November 4, 2026) | 10-Q, November 4, 2026 |
|---|---|---|
| Public float | $552M (as of June 30, 2025) | 10-K/A, April 30, 2026 |
| Reportable segments | 2 (period ending September 30, 2026) | 10-Q, November 4, 2026 |
| Latest proxy statement | Meeting May 20, 2025 (filed April 9, 2025) | DEF 14A, April 9, 2025 |
| Auditor | Deloitte & Touche LLP (New York, New York) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| February 23, 2026 | Joseph Adamo Chief Accounting Officer | Sale | 6,340 | $150K | Form 4, February 23, 2026 |
| February 23, 2026 | John C. Wobensmith Chairman, CEO, and President | Sale | 39,244 | $929K | Form 4, February 23, 2026 |
| February 23, 2026 | Jesper Christensen Chief Commercial Officer | Sale | 18,450 | $437K | Form 4, February 23, 2026 |
| February 23, 2026 | Peter George Allen Chief Financial Officer | Sale | 13,315 | $315K | Form 4, February 23, 2026 |
| February 18, 2026 | Peter George Allen Chief Financial Officer | Sale | 6,232 | $145K | Form 4, February 18, 2026 |
| February 18, 2026 | John C. Wobensmith Chairman, CEO, and President | Sale | 18,642 | $434K | Form 4, February 18, 2026 |
| February 18, 2026 | Jesper Christensen Chief Commercial Officer | Sale | 8,260 | $192K | Form 4, February 18, 2026 |
| February 18, 2026 | Joseph Adamo Chief Accounting Officer | Sale | 3,227 | $75K | Form 4, February 18, 2026 |
Recent 8-K events
- 8-K filed 2026-11-04
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-09-25
- Item 1.01 Entry into a material definitive agreement
- Item 3.03 Material modification to rights of security holders
- 8-K filed 2026-08-05
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-06-23
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-06-02
- Item 1.01 Entry into a material definitive agreement
- Item 3.03 Material modification to rights of security holders
- 8-K filed 2026-05-06
- Item 2.02 Results of operations and financial condition (earnings release)
- 8-K filed 2026-05-01
- Item 1.01 Entry into a material definitive agreement
- Item 3.03 Material modification to rights of security holders
- 8-K filed 2026-03-27
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2026-03-05
- Item 1.01 Entry into a material definitive agreement
- Item 2.03 Creation of a direct financial obligation
- 8-K filed 2026-02-17
- Item 2.02 Results of operations and financial condition (earnings release)
Frequently asked questions about Genco Shipping & Trading Ltd
- What does Genco Shipping & Trading Ltd do?
- In its own words, from Item 1 of its 10-K: "We are a New York City-based pure-play drybulk ship owning company focused on the seaborne transportation of commodities globally. We transport key cargoes such as iron ore, coal, grain, bauxite, steel products and other drybulk cargoes along worldwide shipping routes.7 years."
- What is Genco Shipping & Trading Ltd's revenue?
- $342M for the fiscal year ending December 31, 2025, from its 10-K filed February 18, 2026.
- Is Genco Shipping & Trading Ltd profitable?
- Genco Shipping & Trading Ltd reported net income of -$4.4M for the fiscal year ending December 31, 2025.
- How many employees does Genco Shipping & Trading Ltd have?
- About 75 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Genco Shipping & Trading Ltd?
- John C. Wobensmith, Chairman, CEO, and President, as named in a 4 filed February 23, 2026.
- Who is the CFO of Genco Shipping & Trading Ltd?
- Peter George Allen, Chief Financial Officer, as named in a 4 filed February 23, 2026.
- Where is Genco Shipping & Trading Ltd headquartered?
- New York, NY.
- What is Genco Shipping & Trading Ltd's stock ticker?
- GNK on NYSE.
- What industry is Genco Shipping & Trading Ltd in?
- Deep Sea Foreign Transportation of Freight, SIC code 4412.
- What is Genco Shipping & Trading Ltd's website?
- gencoshipping.com.
- When does Genco Shipping & Trading Ltd report earnings next?
- February 3, 2027. Source: estimate_8k_pattern.
- Is Genco Shipping & Trading Ltd a public company?
- Yes. Genco Shipping & Trading Ltd files with the SEC under CIK 0001326200 and trades as GNK.
- Who audits Genco Shipping & Trading Ltd?
- Deloitte & Touche LLP, New York, New York, as named in its latest annual report (10-K).
- How many shares of Genco Shipping & Trading Ltd are outstanding?
- 43.6 million shares as of November 4, 2026, from its 10-Q filed November 4, 2026.
- What is Genco Shipping & Trading Ltd's public float?
- $552M as of June 30, 2025, as reported on the cover of its 10-K/A filed April 30, 2026.
- How many business segments does Genco Shipping & Trading Ltd report?
- 2 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 4, 2026.
- When is Genco Shipping & Trading Ltd's annual shareholder meeting?
- May 20, 2025, per its proxy statement (DEF 14A) filed April 9, 2025.
- Have Genco Shipping & Trading Ltd insiders traded stock recently?
- Since September 8, 2025, officers and directors reported 11 open-market sales worth about $6.3M and 0 purchases on Forms 4 and 5. The most recent: Joseph Adamo (Chief Accounting Officer) sold 6,340 shares on February 23, 2026.