Genco enters into a time charter with STX Panocean
Genco Shipping and Trading Ltd. of New York, a dry bulk cargo transporter, today said it has finalized an agreement to enter into a time charter with STX Panocean.
The 'Genco Vigour,' a Panamax vessel built in 1999, will be chartered for 23 to 25 months at the average rate of $29,000 per day.
“With this agreement, we currently have about 75 percent of our fleet's available days secured on contracts for the year,” said Robert Gerald Buchanan, president of Genco.
Genco enters into a time charter with STX Panocean
