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Article: Genco Shipping & Trading Limited Takes Delivery of Capesize Newbuilding.
- Article from:
- PR Newswire
- Article date:
- September 21, 2009
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Genco Maximus Commences Time Charter
NEW YORK, Sept. 21 /PRNewswire-FirstCall/ -- Genco Shipping & Trading Limited today announced that it has taken delivery of the Genco Maximus, a 169,025 dwt Capesize newbuilding. The Genco Maximus is the eighth vessel to be delivered to the Company under Genco's previously announced agreement on July 18, 2007 to acquire nine Capesize vessels from companies within the Metrostar Management Corporation group.
The Genco Maximus was delivered to its charterer, Cargill International S.A., on September 19, 2009 to commence a time charter for 3 to 4.5 months at a rate of $31,750 per day, less a 5% third party brokerage ...