Do not look for New York-listed Genco Shipping & Trading to enter into deferral negotiations with its lenders any time soon as some of its dry bulk peers have already done.
Genco boasts what is considered the strongest balance sheet in dry bulk and that came across as chief executive John Wobensmith fielded the deferral question from Clarksons Platou analyst Omar Nokta on the owner's second-quarter earnings call on Thursday.
