Genco Shipping & Trading Limited reported unaudited consolidated operating results for the fourth quarter and full year ended December 31, 2023. For the quarter, the company reported average number of vessels was 44.8 against 44.0 a year ago. Total ownership days for fleet was 4,123 against 4,048 a year ago. Total chartered-in days was 105 against 303 a year ago. Total available days for fleet was 4,169 against 4,235 a year ago. Total available days for owned fleet was 4,065 against 3,932 a year ago. Total operating days for fleet was 4,108 against 4,139 a year ago. Fleet utilization was 97.2% against 97.3% a year ago. Time charter equivalent was $17,373 against $19,330 a year ago.

For the year, the company reported average number of vessels was 44.2 against 44.0 a year ago. Total ownership days for fleet was 16,135 against 16,050 a year ago. Total chartered-in days was 556 against 1,062 a year ago. Total available days for fleet was 16,263 against 16,070 a year ago. Total available days for owned fleet was 15,706 against 15,008 a year ago. Total operating days for fleet was 16,001 against 15,741 a year ago. Fleet utilization was 97.3% against 96.5% a year ago. Time charter equivalent was $14,766 against $23,824 a year ago.