Represents First of Six Vessels Expected to be Delivered to Genco in Third Quarter 2018
The Genco Weatherly is the first of four vessels to be delivered to Genco as part of its recent agreement to acquire two 2015-built 180,000 dwt Capesize vessels, one 2016-built 60,000 dwt Ultramax vessel and one 2014-built 61,000 dwt Ultramax vessel.
In addition, Genco recently entered into another agreement to acquire two 2016-built 180,000 dwt Capesize vessels. All of the vessels are expected to be delivered to Genco in the third quarter of 2018.
About Genco Shipping & Trading Limited
Genco Shipping & Trading Limited transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. As of July 26, 2018, Genco Shipping & Trading Limited’s fleet consists of 13 Capesize, six Panamax, five Ultramax, 21 Supramax, one Handymax and 15 Handysize vessels with an aggregate capacity of approximately 4,750,000 dwt.
Source: Genco Shipping