Genco lets go of another cape
US-listed bulker player Genco Shipping & Trading has been linked to the sale of another ageing capesizes as demand for secondhand bulker tonnage remains robust. The John Wobensmith-led owner of more than 40 ships has offloaded the 2008-built Genco Hadrian to Far Eastern interests at $25m, according to shipping S&P sources. The sale of the …
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