Genco Shipping & Trading GNK Deferred Drydock Costs Incurred
Deferred Drydock Costs Incurred at other companies
Other financials
Where this comes from
Reported directly by Genco Shipping & Trading in its filing.
Tagged under the XBRL concept gnk:DeferredDrydockCostsIncurred.
The official record: Genco Shipping & Trading’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Genco Shipping & Trading's deferred drydock costs incurred?
- Genco Shipping & Trading (GNK) reported deferred drydock costs incurred of $6.4M in Q1 2026.
- How has Genco Shipping & Trading's deferred drydock costs incurred changed year-over-year?
- Genco Shipping & Trading's deferred drydock costs incurred decreased by 43.9% year-over-year, from $11.41M to $6.4M.
- What is the long-term trend for Genco Shipping & Trading's deferred drydock costs incurred?
- Over 4 years (2021 to 2025), Genco Shipping & Trading's deferred drydock costs incurred has grown at a 83.5% compound annual growth rate (CAGR), from $4.93M to $55.8M.
- What does deferred drydock costs incurred mean?
- Cash expenditures related to the mandatory periodic maintenance and inspection of vessels required for regulatory compliance and safety. These costs are capitalized and amortized over the period until the next scheduled drydocking. Tracking these outlays is critical for understanding the maintenance cycle and long-term capital expenditure requirements for fleet upkeep.