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Home / Shipping News / International Shipping News / Genco Shipping & Trading Completes Ultramax Acquisition and Divestiture Portion of Fleet Renewal Plan, Declares a Regular Quarterly Cash Dividend of $0.02 per Share Genco Shipping & Trading Completes Ultramax Acquisition and Divestiture Portion of Fleet Renewal Plan, Declares a Regular Quarterly Cash Dividend of $0.02 per Share Genco Shipping & Trading Limited, the largest U.S. headquartered drybulk shipowner focused on the transportation of major and minor bulk commodities globally, yesterday reported its financial results for the three months and twelve months ended December 31, 2020. The following financial review discusses the results for the three and twelve months ended December 31, 2020 and December 31, 2019. ....