Dry Bulk Shipping Momentum Poised To Continue

The dry bulk segment was named my top pick for 2026, and CMB.TECH, J Mintzmyer's top pick in dry bulk, has delivered a 102.63% total return YTD. Dry bulk supply is tightening due to aging fleets, slow newbuild deliveries, and shipyard backlogs, supporting higher asset values and NAV.

Seeking Alpha • Sep 15, 2026

Genco Shipping & Trading Limited Issues Open Letter to Shareholders Following Withdrawal by Diana Shipping Inc. of its Offer

Genco Board Provided Diana Clear Criteria for a Transaction Reflecting Fair Value and in the Best Interests of All Genco Shareholders

GlobeNewsWire • Aug 17, 2026

Diana Shipping Drops Bid to Acquire Genco Shipping & Trading

The decision ends a nearly year-long takeover battle between the two shipping companies.

WSJ • Aug 14, 2026

Genco Shipping & Trading Limited Announces Delivery of High Specification Capesize Vessel

Further Expands Fleet of Premium Earning Assets, Including 20 Capesize/Newcastlemax Vessels Highly Accretive Capesize/Newcastlemax Acquisitions Have Generated ~30% IRR and Meaningfully Contributed to Dividend Growth NEW YORK, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that it has taken delivery of the Genco Volunteer, a 2019 Imabari built 182,000 dwt scrubber-fitted Capesize vessel. John C. Wobensmith, Chairman and Chief Executive Officer, commented, “We are pleased to take delivery of our latest high-specification Capesize vessel in a strong drybulk market.

GlobeNewsWire • Aug 12, 2026

Genco Shipping & Trading Q2 Earnings Call Highlights

Genco Shipping & Trading NYSE: GNK reported stronger second-quarter results as dry bulk freight rates rose, supported by higher earnings from its expanded fleet and a continued focus on low leverage and shareholder dividends.

MarketBeat • Aug 8, 2026

Genco Shipping & Trading Limited (GNK) Q2 2026 Earnings Call Transcript

Genco Shipping & Trading Limited (GNK) Q2 2026 Earnings Call Transcript

Seeking Alpha • Aug 7, 2026

Is Genco Shipping & Trading Limited (GNK) Outperforming Other Transportation Stocks This Year?

Here is how Genco Shipping & Trading (GNK) and Kirby (KEX) have performed compared to their sector so far this year.

Zacks Investment Research • Aug 7, 2026

Genco Shipping & Trading Limited Announces Q2 2026 Financial Results

Declares Dividend of $0.80 per Share for Q2 2026, a Record Value Strategy Dividend Projects Another Record Dividend in Q3 2026 NEW YORK, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months and six months ended June 30, 2026. Second Quarter 2026 and Year-to-Date Highlights Dividend Declared a $0.80 per share dividend for Q2 2026, 433% higher than Q2 2025 Record dividend under our Comprehensive Value Strategy 28th consecutive quarterly dividend Cumulative dividends of $8.715 per share or approximately 34% of our current share price1 Q2 2026 dividend is payable on or about August 24, 2026 to all shareholders of record as of August 17, 2026 Q3 2026 projected dividend of greater than $1 per share based on current fixtures and assuming the current FFA curve2 Q2 2026 financial results Net income of $16.6 million, or basic and diluted earnings per share of $0.38 and $0.37, respectively Adjusted net income of $29.2 million or basic and diluted earnings per share of $0.67 and $0.65, respectively3 Adjusted EBITDA3: $56.7 million, an increase of 297% YOY Voyage revenues: $136.4 million Net revenue3: $92.3 million Average daily fleet-wide TCE3: $24,273 per day Estimated Q3 2026 TCE to date $28,587 for 66% of our owned fleet available days3 John C.

GlobeNewsWire • Aug 5, 2026

Genco Shipping & Trading (GNK) Q2 Earnings and Revenues Surpass Estimates

Genco Shipping & Trading (GNK) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to a loss of $0.14 per share a year ago.

Zacks Investment Research • Aug 6, 2026

Zacks Industry Outlook International Seaways, Genko and ZIM

Seaways, Genko and ZIM have been highlighted in this Industry Outlook article.

Zacks Investment Research • Aug 4, 2026