Genco Shipping delivers another profit, and fatter dividend, as expenses dip

Manhattan owner guides to lower but still solidly profitable rates in current quarter

Genco Shipping & Trading chief executive John Wobensmith is continuing to orchestra the company’s new high-payout dividend strategy.
Genco Shipping & Trading chief executive John Wobensmith is continuing to orchestra the company’s new high-payout dividend strategy.Photo: Joe Brady
Published 9 November 2022, 22:08Updated 9 November 2022, 22:43
Genco Shipping & TradingJohn Wobensmith