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Genco Shipping: Q2 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — Genco Shipping & Trading Ltd. (GNK) on Wednesday reported net income of $16.6 million in its second quarter.

The New York-based company said it had net income of 37 cents per share. Earnings, adjusted for non-recurring costs and asset impairment costs, were 65 cents per share.

The transporter of drybulk cargo posted revenue of $136.4 million in the period. Its adjusted revenue was $92.3 million.

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