Screener
Genco Shipping & Trading GNK Charter Hire Expense
Charter Hire Expense at other companies
Segments
By segment
Other financials
Where this comes from
Reported directly by Genco Shipping & Trading in its filing.
Tagged under the XBRL concept gnk:CharterHireExpense.
The source filing: Genco Shipping & Trading’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 5:04 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001104659-26-091231
| Line item | For the Three Months Ended / June 30, 2026 | For the Three Months Ended / June 30, 2025 | For the Six Months Ended / June 30, 2026 | For the Six Months Ended / June 30, 2025 |
|---|---|---|---|---|
| Operating expenses: | ||||
| Voyage expenses | 44,085 | 32,005 | 80,361 | 59,359 |
| Vessel operating expenses | 26,535 | 23,747 | 53,096 | 48,663 |
| Charter hire expenses | 385 | 2,035 | 6,481 | 4,320 |
| General and administrative expenses (inclusive of nonvested stock amortization expense of $2,245, $1,780, $4,075 and $3,276 respectively) | 7,903 | 7,399 | 16,012 | 14,893 |
| Technical management expenses | 1,079 | 1,231 | 1,839 | 2,556 |
| Depreciation and amortization | 22,367 | 18,133 | 43,405 | 35,797 |
| Impairment of vessel assets | 1,198 | 651 | 1,726 | 651 |
Item 1. Financial Statements (unaudited)
FAQ
- What is Genco Shipping & Trading's charter hire expense?
- Genco Shipping & Trading (GNK) reported charter hire expense of $385K in Q2 2026.
- How has Genco Shipping & Trading's charter hire expense changed year-over-year?
- Genco Shipping & Trading's charter hire expense decreased by 81.1% year-over-year, from $2.04M to $385K.
- What is the long-term trend for Genco Shipping & Trading's charter hire expense?
- Over 4 years (2021 to 2025), Genco Shipping & Trading's charter hire expense has grown at a -36.4% compound annual growth rate (CAGR), from $36.37M to $5.96M.
- What does charter hire expense mean?
- Reflects the costs incurred when the company charters in third-party vessels to supplement its own fleet capacity. Monitoring this expense helps evaluate the company's reliance on external tonnage versus owned assets to meet contractual shipping obligations.
Ask your AI about Genco Shipping & Trading's charter hire expense.
Connect your AI assistant and compare it to peers, right in your chat.
Connect your AI
Claude