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Genco Shipping & Trading Limited engages in the ocean transportation of drybulk cargoes through the ownership and operation of drybulk carrier vessels worldwide. It transports iron ore, coal, grain, steel products, and other drybulk cargoes. The company charters its vessels primarily to trading houses comprising commodities traders; producers; and government-owned entities. It operates a fleet of 49 drybulk carriers, including 9 Capesize, 8 Panamax, 16 Supramax, 6 Handymax, and 10 Handysize drybulk carriers, with an aggregate carrying capacity of approximately 3,649,000 dwt. The company was incorporated in 2004 and is based in New York, New York.