Genco Shipping & Trading has carried out its strategic plan. It has bolstered the balance sheet, leaving it with $200m in the bank at the end of 2018. And it has built a commercial platform.
Now with those boxes checked, chief executive John Wobensmith wants to make a deal.
In a video interview, he told TradeWinds that mergers-and-acquisitions will be a major focus in 2019 as the New York bulker owner pursues greater scale.