Crew Reviews, Ratings & Info for Genco-Lion

On November 20, 2024, at approximately 5:10 a.m., the bulk carrier 'Genco Lion' experienced an unsettling incident involving four unarmed individuals who boarded the vessel. The encounter took place around 2.5 nautical miles northwest of Pulau Cula, specifically at coordinates 1° 6' N 103° 42' W. Fortunately, the crew aboard the Genco Lion remained unharmed, and there were no reports of theft or any loss during this boarding incident. Authorities are likely to investigate the circumstances surrounding this event in the Singapore Strait.

On December 30, 2013, Baltic Trading Limited proudly announced the delivery of its latest asset, the Baltic Lion, a Capesize vessel built in 2012. This acquisition marks a significant milestone as the Baltic Lion is the second Capesize vessel added to Baltic Trading’s fleet, following the initial agreements made public on November 5, 2013. The Baltic Lion was officially turned over to its charterer, Cargill International S.A., on December 29, 2013, and is set to embark on a spot market-related time charter lasting between 10.5 to 13.5 months. The charter rate is pegged at an impressive 102.75% of the average daily rates of the Baltic Capesize Index (BCI), as reported by the Baltic Exchange in their daily reports. Payment for the hire will occur every 15 days in arrears, minus a brokerage fee of 6.25%, which includes a 1.25% commission owed to Genco Shipping & Trading Limited. Notably, Baltic Trading will not incur any voyage expenses, including fuel costs, as part of this agreement.