Genco Shipping & Trading Limited is a shipping company based in the United States. It operates as a provider of dry bulk shipping services worldwide. The company was founded in 1997 and is headquartered in New York City, New York.

Genco Shipping has established itself as a leading operator of dry bulk carriers with a fleet consisting of Capesize, Panamax, Ultramax, and Handysize vessels. These vessels are used to transport major bulk commodities such as iron ore, coal, grain, and other dry bulk cargoes. Genco Shipping operates on a global scale, with a strong presence in key shipping regions such as the Atlantic and Pacific basins.

The company's fleet is deployed worldwide, serving a diverse range of customers ranging from major mining companies to agricultural producers and trading houses. Genco Shipping has several noteworthy subsidiaries, joint ventures, and partnerships. One of its subsidiaries is Baltic Trading Limited, which was acquired in 2015 and operates as a drybulk company focused on the spot market.

The joint venture Genco Misuga was formed in 2017 with Misuga Kaiun Co., a Japanese shipping company, to provide efficient and flexible shipping solutions to customers. In terms of market position, Genco Shipping is a significant player in the global dry bulk shipping industry. It has built a reputation for reliable and high-quality service, which has helped the company attract long-term contracts and establish strong customer relationships.

While facing competition from other shipping companies, Genco Shipping has maintained its standing through its diverse fleet, strategic partnerships, and a focus on operational efficiency. In recent years, Genco Shipping has undergone significant changes in its strategy. The company has pursued a fleet renewal program, acquiring modern and fuel-efficient vessels while divesting older tonnage.

This strategy has helped Genco Shipping enhance its competitive position and reduce its environmental impact. As of the latest available information, Genco Shipping continues to operate its fleet globally, providing dry bulk shipping services to a wide range of customers. The company remains committed to its strategy of fleet renewal and maintaining operational excellence to drive its growth in the future