Genco Shipping & Trading Limited is a drybulk vessel owner that transports commodities including iron ore, coal, grain, bauxite, and other bulk goods along global shipping routes using a fleet of Capesize, Ultramax, and Supramax vessels. The company generates revenue by chartering its vessels to major commodity trading houses, producers, and other customers through a mix of spot-market voyage charters where the company bears voyage expenses, fixed-rate time charters where customers pay daily rates and bear voyage expenses, and related hybrid arrangements. The company employs a commercial strategy combining short-term spot fixtures for operational flexibility with opportunistic longer-term contracts, while outsourcing technical vessel management and allocating capital toward maintaining low debt, building shareholder distributions, and fleet growth.