Genco 44

Acquisition of the built Genco Reliance adds to a previously announced acquisition of a built capesize, genco 44, both scrubber-fitted. View full table.

It is also expected to be delivered to Genco in mid-November The top management of the company said it continues to further evaluate fleet renewal and growth opportunities in the sale and purchase market. Furthermore, it plans to upgrade a portion of its fleet with energy saving devices, and apply high performance paint systems to its vessels, in order to reduce fuel consumption and emissions. John C. In addition to declaring our 17th consecutive dividend, we capitalized on an attractive opportunity to acquire a built scrubber-fitted Capesize vessel. Beginning in September, the drybulk owner saw a significant uplift in drybulk freight rates, led by firm iron ore, coal and bauxite shipments.

Genco 44

Clear Filters. Genco Reliance. Genco Resolute. Genco Endeavour. Genco Ranger. Genco Constantine. Genco Augustus. Genco Liberty. Genco Defender. Genco Lion. Genco Tiger. Genco London.

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A replay of the conference will be accessible at any time during the next two weeks by dialing in and entering the passcode At this time, I will now turn the conference over to the company. Please go ahead. Peter Allen: Good morning. Such forward-looking statements use words such as anticipate, budget, estimate, expect, project, intend, plan, believe and other words in terms of similar meaning in connection with the discussion of potential future events, circumstances or future operating or financial performance. John Wobensmith: Good morning, everyone. In addition to reviewing our Q4 and year-to-date highlights, we want to use this opportunity to provide an update on the progress we are making three years into our comprehensive value strategy, as well as on the industry's current fundamentals.

Genco 44

Clear Filters. Genco Reliance. Genco Resolute.

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We bring the latest news about the shipping industry. It does not store any personal data. Furthermore, it plans to upgrade a portion of its fleet with energy saving devices, and apply high performance paint systems to its vessels, in order to reduce fuel consumption and emissions. Beginning in September, the drybulk owner saw a significant uplift in drybulk freight rates, led by firm iron ore, coal and bauxite shipments. Please make sure all fields are completed. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Download our ESG Report. These cookies will be stored in your browser only with your consent. Genco sees market improvement after profit plunge 04 May Genco Rhone. Genco Magic. Genco Defender. Subscribe to our Newsletter.

John C. In addition to declaring our 17 th consecutive dividend, we capitalized on an attractive opportunity to acquire a built scrubber-fitted Capesize vessel. The agreed upon acquisition of the Genco Ranger represents the next step in our fleet renewal plans as we continue to evaluate potential sale and purchase transactions in the market.

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