Genco targets fleet and growth moves with new $600m credit

Genco Shipping & Trading, a prominent US-based dry bulk shipping company, has successfully finalized an amended revolving credit facility, raising its borrowing capacity to $600 million. This strategic move, which increases the credit line by 50% or $200 million from the previous arrangement, positions Genco for growth while enhancing its financial flexibility. The new facility … Continue reading Genco targets fleet and growth moves with new $600m credit