Genco Shipping & Trading Ltd.

Genco Shipping & Trading Ltd. is a global company that owns and operates a fleet of large cargo ships called tankers, which transport crude oil and petroleum products across the world. They generate revenue by charging fees for shipping these commodities. The company manages the logistics, maintenance, and operation of their vessels, adapting to market demand and freight rates. As a publicly traded company, Genco's performance depends on global energy markets, shipping rates, and international trade flows. They play a vital role in the global energy supply chain by ensuring the efficient movement of oil across different regions.