Genco Shipping & Trading is moving quickly on fleet renewal with the acquisition of another capesize bulker.
The New York-listed shipowner said it has bought a second 2016-built, 181,000-dwt scrubber-fitted unit, to be renamed Genco Reliance, for $43m.
This follows the capture earlier this month of the scrubber-fitted, 181,000-dwt Genco Ranger (built 2016) for $43.1m.
