Company Information

Get to know Genco Shipping Trading

Genco Shipping & Trading Limited is a major international ship owning company that transports key drybulk commodities, including iron ore, coal, grain, steel products, and other drybulk cargoes along worldwide shipping routes. It owns and operates a modern, high-quality fleet of Capesize, Ultramax, and Supramax vessels. Incorporated in the Marshall Islands with its main executive offices in New York City, Genco is committed to the safe, efficient, and environmentally responsible transportation of goods, aiming to be the shipping partner of choice and to create long-term value for its shareholders.

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Genco Shipping Trading

United States

Founded in

2004 (22 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.