Genco Shipping & Trading Limited (NYSE:GNK) Q1 2022 Earnings Conference Call May 5, 2022 8:30 AM ET
Company Participants
Peter Allen - Senior Vice President, Strategy and Finance
John Wobensmith - CEO
Apostolos Zafolias - CFO
Conference Call Participants
Magnus Fyhr - HC Wainwright
Chris Robertson - Jefferies
Liam Burke - B. Riley
Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to help you navigate the audio should the corresponding text be unclear. The machine-assisted output provided is partly edited and is designed as a guide.
Operator
00:10 Good morning, ladies and gentlemen, and welcome to the Genco Shipping & Trading Limited First Quarter 2022 Earnings Conference Call and Presentation. Before we begin, please note that there will be a slide presentation accompanying today's conference call. That presentation can be obtained from Genco's website at www.gencoshipping.com.
00:37 To inform everyone today's conference is being recorded and is now being webcast at the company's website www.gencoshipping.com. We will conduct a question-and-answer session, after the opening remarks, instructions will follow at that time. A replay of the conference will be accessible at any time during the next two weeks by dialing (888) 203-1112 or (719) 457-0820 and entering the passcode 1292605.
01:20 At this time, I will turn the conference over to the company. Please go ahead.
Peter Allen
01:26 Good morning. Before we begin our presentation, I note that in this conference call, we will be making certain forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements use words such as anticipate, budget, estimate, expect, project, intend, plan, believe and other words in terms of similar meaning in connection with the discussion of potential future events, circumstances or future operating or financial performance.
01:50 These forward-looking statements are based on management's current expectations and observations. For a discussion of factors that could cause results to differ, please see the company's press release that was issued yesterday, the materials relating to this call posted on the company's website and the company's filings with the Securities and Exchange Commission including, without limitation, the company's annual report on Form 10-K for the year ended December 31, 2021, and the company's reports on Form 10-Q and Form 8-K subsequently filed with the SEC.
02:19 At this time, I would like to introduce John Wobensmith, Chief Executive Officer of Genco Shipping & Trading Limited.