Genco Shipping & Trading : Sidoti Virtual Small-Cap Conference

Published: 2025-06-11 08:35:10 ET GNK

Published on 06/11/2025 at 08:35

GENCO SHIPPING & TRADING LIMITED

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The largest U.S. based drybulk shipowner, with 42 modern, high-quality vessels

Headquartered in New York with global offices in Singapore and Copenhagen

Transport both major (iron ore & coal) and minor (grains, cement, fertilizers, etc.) bulk across all key world-wide shipping routes

Direct exposure to all drybulk trades transported across world-wide shipping routes

Provides a full-service logistics solution to our customers

Optimized risk return profile: low leverage (6% net LTV1) + high dividend payout

Rated #1 ESG shipping company globally2

Transparent US filer

Only US-listed drybulk shipping company with zero related-party transactions

NYSE listed under ticker symbol GNK

Net LTV is based on VesselsValue.com estimates from June 2025 and cash and debt

balances as of March 31, 2025

Based on the Webber Research 2024 ESG scorecard

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We employ a diversified asset base consisting of large Capesize vessel and medium size Ultramax/Supramax vessels, enabling us to carry a wide range of cargoes worldwide

Drybulk trade constitutes approximately half of all seaborne trade volume

8%

8%

Commodity

% of drybulk trade

Primary use

Iron ore

29%

Steel production

15%

Global

Seaborne Trade

(% of 2024 total)

46%

Met / thermal coal

17%

Steel production + power generation

Grain

12%

24%

Minor bulks

42%

Drybulk Oil Container LNG / LPG / Chemical Other

Human consumption + feed livestock

Various uses, building products, raw materials, linked to global GDP growth

GENCO'S COMMODITIES CARRIED

Iron Ore: 44%

Met / Thermal Coal: 21%

Grains: 12%

Cement/Clinker: 5%

Potash/Fertilizer: 3%

Steel/Pig Iron: 2%

Alumina/Bauxite: 2%

Miscellaneous: 10%

Source: Clarksons Research Services Limited 2025 5

Disclaimer

Genco Shipping & Trading Limited published this content on June 11, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 11, 2025 at 12:34 UTC.