Genco Shipping & Trading GNK Proceeds From Insurance For Hull And Machinery Claims
Proceeds From Insurance For Hull And Machinery Claims at other companies
Other financials
Where this comes from
Reported directly by Genco Shipping & Trading in its filing.
Tagged under the XBRL concept gnk:ProceedsFromInsuranceForHullAndMachineryClaims.
The official record: Genco Shipping & Trading’s 10-Q, filed August 6, 2025, on SEC EDGAR. View the filing →
Ask your AI about Genco Shipping & Trading's proceeds from insurance for hull and machinery claims.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude
Questions, answered.
- What is Genco Shipping & Trading's proceeds from insurance for hull and machinery claims?
- Genco Shipping & Trading (GNK) reported proceeds from insurance for hull and machinery claims of $283K in Q2 2025.
- What is the long-term trend for Genco Shipping & Trading's proceeds from insurance for hull and machinery claims?
- Over 2 years (2021 to 2024), Genco Shipping & Trading's proceeds from insurance for hull and machinery claims has grown at a 65.6% compound annual growth rate (CAGR), from $418K to $1.15M.
- What does proceeds from insurance for hull and machinery claims mean?
- Cash inflows received from insurance policies to cover physical damage to a vessel's hull or machinery. These proceeds are typically used to fund repairs or replace damaged equipment, mitigating the financial impact of physical asset loss. It serves as an indicator of the company's ability to recover capital from significant operational accidents.