Genco Shipping Projects Q4 2025 Fleet TCE at $20,000 Per Day

Genco Shipping & Trading Limited has provided its financial outlook for the fourth quarter of 2025, estimating approximately 3,830 owned fleet-wide available days. The company’s Capesize fleet is currently operating entirely in the spot market or on index-related time charters. Genco expects eight Capesize vessels to complete their voyages in December, with about four of these vessels anticipated to ballast to the Atlantic basin. The company notes that some revenue from fixtures entered into during the fourth quarter, particularly for long-haul Brazil to China voyages, will be recognized in the first quarter of 2026 due to load-to-discharge voyage accounting under GAAP. The estimated time charter equivalent (TCE) rate for the fourth quarter is based on fixtures booked to date, and actual results may vary depending on the actual duration of voyages and other operational factors. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genco Shipping & Trading Limited published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001140361-25-044558), on December 05, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here