New York-listed Genco Shipping & Trading has fixed out three bulkers across its operating sectors as part of the transition to its new low-debt, high-dividend strategy to be implemented in the fourth quarter.
Genco's disclosure on Wednesday of charters for capesize, ultramax and supramax bulkers came as the John Wobensmith-led shipowner reported adjusted net income of $2.7m, or $0.06 per share.
