Condensed Consolidated Statements of Operations (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended
	Mar. 31, 2013	Mar. 31, 2012
Revenues:
Voyage revenues	$ 39,676	$ 59,025
Service revenues	810	819
Total revenues	40,486	59,844
Operating expenses:
Voyage expenses	1,272	1,410
Vessel operating expenses	27,119	27,834
General, administrative, and management fees	8,191	8,696
Depreciation and amortization	34,378	34,425
Total operating expenses	70,960	72,365
Operating loss	(30,474)	(12,521)
Other (expense) income:
Other income (expense)	19	(16)
Interest income	18	155
Interest expense	(21,289)	(23,730)
Other expense	(21,252)	(23,591)
Loss before income taxes	(51,726)	(36,112)
Income tax expense	(224)	(271)
Net loss	(51,950)	(36,383)
Less: Net loss attributable to noncontrolling interest	(3,787)	(3,312)
Net loss attributable to Genco Shipping & Trading Limited	$ (48,163)	$ (33,071)
Net loss per share-basic (in dollars per share)	$ (1.12)	$ (0.87)
Net loss per share-diluted (in dollars per share)	$ (1.12)	$ (0.87)
Weighted average common shares outstanding-basic (in shares)	43,161,510	38,090,590
Weighted average common shares outstanding-diluted (in shares)	43,161,510	38,090,590
Dividends declared per share (in dollars per share)	$ 0