Genco 44

Acquisition of the built Genco Reliance adds to a previously announced acquisition of a built capesize, 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.

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. Baltic Wolf. Genco Titus. Baltic Bear.

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We are writing today with an update on the important steps we continue to take at Genco to drive sustainable, long-term shareholder value for you. Over the last several years, our Board of Directors and management team have navigated various market environments, exhibited a disciplined approach to capital allocation and overseen the successful transformation of the Company while maintaining the highest of corporate governance standards. As a result of these actions, the Company is delivering solid operating results and has a strong foundation for continued growth built on its diverse fleet and financial strength. We are continuing to take concrete measures to deliver on our Comprehensive Value Strategy in a sustainable manner. Our recent progress has included:. Paying sustained dividends across the market cycles.

Genco 44

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

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