SK Hynix to Invest $13 Billion in AI Chip Packaging Facility 
Florida Launches Criminal Probe Into OpenAI Over FSU Shooting Incident 
Daiichi Sankyo Stock Drops After Earnings Delay and Oncology Review 
$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion 
Elon Musk Signals Intel 14A Chips for Tesla’s Terafab AI Semiconductor Venture 
Tesla Earnings Beat Expectations as EV Growth Holds Amid Robotics and AI Shift 
PLS Reports Record Lithium Output as EV Demand Fuels Market Growth 
U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation 
Organon Stock Surges After Reports of $13 Billion Buyout Bid by Sun Pharma 
Hyundai Plans 20 New Models in China to Boost EV Strategy and Market Share 
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations 
Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges 
U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases 
Meta Expands AI Training With Employee Activity Tracking Tools 
European Car Sales Surge in March as EV and Hybrid Demand Accelerates 
Florida Investigates OpenAI and ChatGPT Over Alleged Role in FSU Shooting 
Rising Jet Fuel Costs from Iran Conflict Push Airfare Higher Across Europe 
NEW YORK, March 28, 2017 -- Genco Shipping & Trading Limited (NYSE:GNK) announced today that it has named Jesper Christensen as Vice President and Commercial Director, Minor Bulk Fleet.
Mr. Christensen has extensive chartering experience, managing diverse vessel sizes ranging from Handysize to Panamax vessels. Prior to joining Genco, Mr. Christensen served as Director, Head of Chartering Stamford at Clipper Bulk (USA) LLC, where he was responsible for the development and growth of its chartering activities on a global basis, during which time he was charged with advancing the company’s commercial strategy.
John C. Wobensmith, Chief Executive Officer, commented, “Jesper brings a wealth of chartering experience specializing in minor bulk commodities, and we are delighted to welcome him in this important role. As Genco continues to focus on both the major bulks and the minor bulks, Jesper’s appointment further advances our commercial strategy.”
“I am thrilled to be joining Genco at such an exciting time,” said Mr. Christensen. “Genco has a strong reputation in the industry, and I look forward to working with Genco’s experienced team to further enhance our commercial platform.”
About Genco Shipping & Trading Limited
Genco Shipping & Trading Limited transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. As of March 28, 2017, Genco Shipping & Trading Limited’s fleet consists of 13 Capesize, six Panamax, four Ultramax, 21 Supramax, two Handymax and 15 Handysize vessels with an aggregate capacity of approximately 4,735,000 dwt.
John C. Wobensmith Chief Executive Officer Genco Shipping & Trading Limited (646) 443-8550
