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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Revenues:        
Voyage revenues $ 44,941 $ 62,112 $ 84,617 $ 121,137
Service revenues 819 819 1,629 1,638
Total revenues 45,760 62,931 86,246 122,775
Operating expenses:        
Voyage expenses 2,867 995 4,139 2,405
Vessel operating expenses 26,766 29,516 53,885 57,351
General, administrative, and management fees 8,480 8,362 16,672 17,058
Depreciation and amortization 34,722 34,491 69,100 68,916
Total operating expenses 72,835 73,364 143,796 145,730
Operating loss (27,075) (10,433) (57,550) (22,955)
Other (expense) income:        
Other (expense) income (33) 20 (13) 4
Interest income 16 148 34 303
Interest expense (21,554) (19,884) (42,843) (43,614)
Other expense (21,571) (19,716) (42,822) (43,307)
Loss before income taxes (48,646) (30,149) (100,372) (66,262)
Income tax expense (294) (343) (518) (615)
Net loss (48,940) (30,492) (100,890) (66,877)
Less: Net loss attributable to noncontrolling interest (3,571) (2,751) (7,358) (6,037)
Net loss attributable to Genco Shipping & Trading Limited $ (45,369) $ (27,741) $ (93,532) $ (60,840)
Net loss per share-basic (in dollars per share) $ (1.05) $ (0.65) $ (2.17) $ (1.50)
Net loss per share-diluted (in dollars per share) $ (1.05) $ (0.65) $ (2.17) $ (1.50)
Weighted average common shares outstanding-basic (in shares) 43,196,895 42,878,228 43,179,300 40,484,409
Weighted average common shares outstanding-diluted (in shares) 43,196,895 42,878,228 43,179,300 40,484,409
Dividends declared per share (in dollars per share) $ 0.00