v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues:    
Total revenues $ 114,429 $ 71,269
Operating expenses:    
Voyage expenses 36,276 27,354
Vessel operating expenses 26,560 24,916
Charter hire expenses 6,096 2,285
General and administrative expenses (inclusive of nonvested stock amortization expense of $1,830 and $1,496, respectively) 8,109 7,494
Technical management expenses 760 1,325
Depreciation and amortization 21,038 17,665
Impairment of vessel assets 527 0
Net gain on sale of vessels (2,075)  
Other operating expense 3,826  
Total operating expenses 101,117 81,039
Operating income (loss) 13,312 (9,770)
Other (expense) income:    
Other income (expense) 96 (13)
Interest income 665 370
Interest expense (4,498) (2,549)
Other expense, net (3,737) (2,192)
Net income (loss) 9,575 (11,962)
Less: Net income (loss) attributable to noncontrolling interest 266 (39)
Net income (loss) attributable to Genco Shipping & Trading Limited $ 9,309 $ (11,923)
Net earnings (loss) per share-basic $ 0.21 $ (0.28)
Net earnings (loss) per share-diluted $ 0.21 $ (0.28)
Weighted average common shares outstanding-basic 43,706,069 43,201,941
Weighted average common shares outstanding-diluted 44,411,222 43,201,941
Voyage revenues    
Revenues:    
Total revenues $ 114,429 $ 71,269