Genco operates a barbell fleet of Capesize and Ultramax/Supramax dry bulk vessels, exposing it to both major bulks (iron ore, coal) and minor bulks. The disciplined value strategy (deleveraging, fleet renewal, variable dividend) returns substantial cash through cycle peaks. Brazilian iron ore exports to China and West African bauxite flows support Capesize demand. Fleet age advantage reduces capex pressure.
Thesis reviewed May 29, 2026
Genco Shipping & Trading Limited is headquartered in United States, which is currently showing elevated risk signals.
πΊπΈUnited States78REDUCEView United States risk detail βπ’Shipping63AVOID| Ticker | Company | Score | Gap | Signal Ξ | Action |
|---|---|---|---|---|---|
| NAT | Nordic American Tankers Limited | 59 | +14% | β45% | EARLY |
| TEN | Tsakos Energy Navigation Limited | 59 | +12% | β45% | EARLY |
| FRO | Frontline plc | 59 | -4% | β45% | AVOID |
| ZIM | ZIM Integrated Shipping Services Ltd. | 59 | -13% | β45% | AVOID |
| DAC | Danaos Corporation | 59 | +21% | β45% | EARLY |
| EGLE | Eagle Bulk Shipping Inc. | 59 | +14% | β45% | EARLY |
| GOGL | Golden Ocean Group Limited | 53 | +17% | β45% | EARLY |
Investors who hold GNK may also have indirect exposure through these country funds.
Capesize spot rates spike on Vale Q2 production guidance hike
Genco declares variable dividend at 15% trailing yield
Estimates Β· Yahoo Finance Β· Not audited figures