Basil G. Mavroleon is Independent Director of the Company. He has served as a director of Genco since July 17, 2015. Mr. Mavroleon served as a director of Baltic Trading from March 15, 2010 until Baltic Trading’s merger with our Company on July 17, 2015. Mr. Mavroleon also served as a director of our Company from July 27, 2005 to July 9, 2014. Mr. Mavroleon has been employed in the shipping industry for the last 45 years. Since 1970, Mr. Mavroleon has worked at Charles R. Weber Company, Inc., one of the oldest and largest tanker brokerages and marine consultants in the United States. Mr. Mavroleon was Managing Director of Charles R. Weber Company, Inc. for twenty-five years and held the position of Manager of the Projects Group thereafter for five years from January 2009 until April 2013. Mr. Mavroleon is a director of Pyxis Tankers, Inc. where he serves on the audit committee and the nominating and corporate governance committee. Mr. Mavroleon also serves as Managing Director of WeberSeas (Hellas) S.A., a comprehensive sale and purchase, newbuilding, marine projects and ship finance brokerage based in Piraeus, Greece. Since its inception in 2003 through its liquidation in December 2005, Mr. Mavroleon served as Chairman of Azimuth Fund Management (Jersey) Limited, a hedge fund that dealt with tanker freight forward agreements and derivatives. Mr. Mavroleon is a member of the Baltic Exchange, is on the board of the Associate Membership Committee of Intertanko, a member of the Association of Ship Brokers and Agents, is on the advisory board of NAMMA (North American Maritime Ministry Association), is a director emeritus of NAMEPA (North American Marine Environmental Protection Association), and is Chairman of the New York World Scale Committee. Mr. Mavroleon is a member of the Hellenic Chamber of Commerce, the Connecticut Maritime Association, NYMAR (New York Maritime Inc.), the Maritime Foundation Knowledge Center, honorary director of the Connecticut Maritime Association Education Foundation (CAMEF).
As the Independent Director of Genco Shipping & Trading, the total compensation of Basil Mavroleon at Genco Shipping & Trading is $173,493. There are 9 executives at Genco Shipping & Trading getting paid more, with John Wobensmith having the highest compensation of $2,383,480.
Basil Mavroleon is 72, he's been the Independent Director of Genco Shipping & Trading since 2015. There are no older and 15 younger executives at Genco Shipping & Trading.
Basil's mailing address filed with the SEC is C/O GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR, NEW YORK, NY, 10171.
Over the last 18 years, insiders at Genco Shipping & Trading have traded over $172,958,141 worth of Genco Shipping & Trading stock and bought 8,064,682 units worth $78,813,359 . The most active insiders traders include Value Partners, Llcsvp Spec..., Management Holdings Gp, Llc... y Stephen A Kaplan. On average, Genco Shipping & Trading executives and independent directors trade stock every 48 days with the average trade being worth of $4,601,063. The most recent stock trade was executed by Arthur L Regan on 13 May 2024, trading 1,400 units of GNK stock currently worth $32,004.
genco shipping & trading limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. the company, through the ownership and operation of dry bulk carrier vessels, transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. it charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. as of february 25, 2020, the company's fleet consisted of 17 capesize, 1 panamax, 6 ultramax, 20 supramax, and 10 handysize vessels with an aggregate capacity of approximately 4,914,000 deadweight tons. genco shipping & trading limited was founded in 2004 and is headquartered in new york, new york.
Genco Shipping & Trading executives and other stock owners filed with the SEC include: