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GENERAL INFORMATION (Details 2) - USD ($)
$ in Thousands
 6 Months Ended
Jul. 09, 2014
Dec. 31, 2014
Dec. 31, 2013
Fresh-Start Adjustment, Increase (Decrease), Current Assets Abstract      
Cash and cash equivalents $ 136,077    
Restricted cash 9,975    
Due from charterers, net 13,194    
Prepaid expenses and other current assets 30,759    
Time charters acquired 450    
Total current assets 190,455    
Noncurrent assets:      
Vessels, net 1,538,849    
Deposits on vessels 30,975    
Deferred drydock, net 188    
Deferred financing costs, net 7,060    
Fixed assets, net 610    
Other noncurrent assets 514    
Restricted cash 300    
Investments 51,804    
Goodwill 166,067    
Total non current assets 1,796,367    
Total assets 1,986,822    
Current liabilities not subject to compromise:      
Accounts payable and accrued expenses 65,725    
Current portion of long-term debt 32,242    
Deferred Revenue 997    
Total current liabilities not subject to compromise 98,964    
Fresh-Start Adjustment, Increase (Decrease), Non Current Liabilities [Abstract]      
Long-term debt 375,789    
Total noncurrent liabilities not subject to compromises 375,789    
Total liabilities 474,753    
Fresh-Start Adjustment, Increase (Decrease), Stockholders' Equity [Abstract]      
Common stock 603    
Additional paid-in capital 1,232,397    
Total Genco Shipping & Trading Limited shareholders' equity 1,233,000    
Noncontrolling interest 279,069    
Total equity 1,512,069    
Total liabilities and equity 1,986,822    
Current portion of long-term debt   $ 34,324  
Long-term debt   395,811  
Deferred revenue   1,397  
Accounts payable and accrued expenses   28,217  
Noncontrolling interest   248,573  
Total current assets   130,326  
Vessels, net   1,532,843  
Deposits on vessels   25,593  
Deferred drydock, net   6,234  
Deferred financing costs, net   10,271  
Fixed assets, net   701  
Other noncurrent assets   514  
Restricted cash   19,945  
Investments   $ 26,486  
Discharge of Debt      
Fresh-Start Adjustment, Increase (Decrease), Current Assets Abstract      
Cash and cash equivalents 87,526    
Total current assets 87,526    
Noncurrent assets:      
Deferred financing costs, net (11,893)    
Total non current assets (11,893)    
Total assets 75,633    
Current liabilities not subject to compromise:      
Accounts payable and accrued expenses (1,086)    
Total current liabilities not subject to compromise (1,086)    
Fresh-Start Adjustment, Increase (Decrease), Non Current Liabilities [Abstract]      
Total liabilities subject to compromise (1,194,687)    
Total liabilities (1,195,773)    
Fresh-Start Adjustment, Increase (Decrease), Stockholders' Equity [Abstract]      
Common stock 603    
Additional paid-in capital 1,232,397    
Accumulated other comprehensive income (30,357)    
Retained (deficit) earnings 918,338    
Total Genco Shipping & Trading Limited shareholders' equity 1,271,406    
Total equity 1,271,406    
Total liabilities and equity 75,633    
Reclassification to retained (deficit) earnings related to the gain associated with the Company's investments 34,931    
Reclassification of initial equity to accounts payable 900    
Proceeds from rights offering 100,000    
Discharge of Debt | 2007 Credit Facility      
Fresh-Start Adjustment, Increase (Decrease), Stockholders' Equity [Abstract]      
Interest payable classified as liabilities subject to compromise 1,772    
Discharge of Debt | Amended and Restated Term Loan Facility      
Fresh-Start Adjustment, Increase (Decrease), Stockholders' Equity [Abstract]      
Payment of deferred financing fees 3,490    
Discharge of Debt | $253 Million Term Loan Facility      
Fresh-Start Adjustment, Increase (Decrease), Stockholders' Equity [Abstract]      
Interest payable classified as liabilities subject to compromise 156    
Line of Credit Facility Unpaid Amount 5,075    
Discharge of Debt | $100 Million Term Loan Facility      
Fresh-Start Adjustment, Increase (Decrease), Stockholders' Equity [Abstract]      
Interest payable classified as liabilities subject to compromise 59    
Line of Credit Facility Unpaid Amount 1,923    
Reinstatement Of Liabilities      
Current liabilities not subject to compromise:      
Accounts payable and accrued expenses 6,478    
Current portion of long-term debt 27,992    
Total current liabilities not subject to compromise 34,470    
Fresh-Start Adjustment, Increase (Decrease), Non Current Liabilities [Abstract]      
Long-term debt 214,289    
Total noncurrent liabilities not subject to compromises 214,289    
Total liabilities subject to compromise (248,759)    
Fresh-Start Adjustment, Increase (Decrease), Stockholders' Equity [Abstract]      
Lease obligations 815    
Pre-petition accounts payable 41    
Reinstatement Of Liabilities | DNB Bank ASA      
Fresh-Start Adjustment, Increase (Decrease), Stockholders' Equity [Abstract]      
Termination of interest rate swap 5,622    
Reinstatement Of Liabilities | $253 Million Term Loan Facility      
Fresh-Start Adjustment, Increase (Decrease), Non Current Liabilities [Abstract]      
Long-term debt 150,343    
Fresh-Start Adjustment, Increase (Decrease), Stockholders' Equity [Abstract]      
Long-term debt, current 20,300    
Reinstatement Of Liabilities | $100 Million Term Loan Facility      
Fresh-Start Adjustment, Increase (Decrease), Non Current Liabilities [Abstract]      
Long-term debt 63,946    
Fresh-Start Adjustment, Increase (Decrease), Stockholders' Equity [Abstract]      
Long-term debt, current 7,692    
Revaluation Of Assets And Liabilities      
Fresh-Start Adjustment, Increase (Decrease), Current Assets Abstract      
Prepaid expenses and other current assets (41)    
Time charters acquired 450    
Total current assets 409    
Noncurrent assets:      
Vessels, net (1,065,882)    
Deposits on vessels 2,317    
Deferred drydock, net (16,396)    
Fixed assets, net (3,443)    
Goodwill 166,067    
Total non current assets (917,337)    
Total assets (916,928)    
Current liabilities not subject to compromise:      
Time charters acquired (16)    
Total current liabilities not subject to compromise (16)    
Fresh-Start Adjustment, Increase (Decrease), Non Current Liabilities [Abstract]      
Long-term lease obligations (2,670)    
Total noncurrent liabilities not subject to compromises (2,670)    
Total liabilities (2,686)    
Fresh-Start Adjustment, Increase (Decrease), Stockholders' Equity [Abstract]      
Retained (deficit) earnings (860,875)    
Total Genco Shipping & Trading Limited shareholders' equity (860,875)    
Noncontrolling interest (53,367)    
Total equity (914,242)    
Total liabilities and equity (916,928)    
Vessels, net adjustment 1,083,404    
Prepaid and other current assets fair value adjustment 138    
Value of shares issued to pre-petition claimants 1,133,000    
Proceeds from rights offering 100,000    
Reorganization Value 1,233,000    
Current portion of long-term debt 32,242    
Long-term debt 375,789    
Estimated fair value of debt 408,031    
Deferred revenue 997    
Accounts payable and accrued expenses 65,725    
Nonfinancial Liabilities Fair Value Disclosure, Total 66,722    
Noncontrolling interest 279,069    
Reorganization value of assets 1,986,822    
Estimated fair value of assets (excluding goodwill) (a) (1,820,755)    
Goodwill 166,067    
Total current assets 190,455    
Vessels, net 1,538,849    
Deposits on vessels 30,975    
Deferred drydock, net 188    
Deferred financing costs, net 7,060    
Fixed assets, net 610    
Other noncurrent assets 514    
Restricted cash 300    
Investments 51,804    
Total assets excluding goodwill 1,820,755    
Revaluation Of Assets And Liabilities | Baltic Trading Limited      
Fresh-Start Adjustment, Increase (Decrease), Stockholders' Equity [Abstract]      
Noncontrolling interest asset revaluation adjustment 74,355    
Noncontrolling interest, goodwill adjustment 24,022    
Noncontrolling interest, additional revaluation adjustment 3,034    
Predecessor      
Fresh-Start Adjustment, Increase (Decrease), Current Assets Abstract      
Cash and cash equivalents 48,551    
Restricted cash 9,975    
Due from charterers, net 13,194    
Prepaid expenses and other current assets 30,800    
Total current assets 102,520    
Noncurrent assets:      
Vessels, net 2,604,731    
Deposits on vessels 28,658    
Deferred drydock, net 16,584    
Deferred financing costs, net 18,953    
Fixed assets, net 4,053    
Other noncurrent assets 514    
Restricted cash 300    
Investments 51,804    
Total non current assets 2,725,597    
Total assets 2,828,117    
Current liabilities not subject to compromise:      
Accounts payable and accrued expenses 60,333    
Current portion of long-term debt 4,250    
Deferred Revenue 997    
Time charters acquired 16    
Total current liabilities not subject to compromise 65,596    
Fresh-Start Adjustment, Increase (Decrease), Non Current Liabilities [Abstract]      
Long-term lease obligations 2,670    
Long-term debt 161,500    
Total noncurrent liabilities not subject to compromises 164,170    
Total liabilities subject to compromise 1,443,446    
Total liabilities 1,673,212    
Fresh-Start Adjustment, Increase (Decrease), Stockholders' Equity [Abstract]      
Common stock 445    
Additional paid-in capital 849,130    
Accumulated other comprehensive income 30,357    
Retained (deficit) earnings (57,463)    
Total Genco Shipping & Trading Limited shareholders' equity 822,469    
Noncontrolling interest 332,436    
Total equity 1,154,905    
Total liabilities and equity 2,828,117    
The elimination of deferred financing fees associated with the discharged obligations (15,383)    
The elimination of accumulated other comprehensive income related to interest rate swaps associated with the discharged obligations (4,574)    
Issuance of Successor common stock (1,133,900)    
Net gain on the discharge of Predecessor liabilities related to liabilities subject to compromise and associated issuance of Successor equity 33,832    
Proceeds from rights offering 100,000    
Current portion of long-term debt     $ 1,316,439
Long-term debt     163,625
Deferred revenue     1,597
Accounts payable and accrued expenses     27,359
Noncontrolling interest     341,336
Goodwill 166,067    
Total current assets     165,878
Vessels, net     2,673,795
Deposits on vessels     1,013
Deferred drydock, net     11,069
Deferred financing costs, net     22,011
Fixed assets, net     5,104
Other noncurrent assets     514
Restricted cash     300
Investments     $ 77,570
Predecessor | Discharge of Debt      
Fresh-Start Adjustment, Increase (Decrease), Stockholders' Equity [Abstract]      
Common stock (445)    
Additional paid-in capital (849,130)    
Predecessor | Discharge of Debt | 2010 Notes      
Fresh-Start Adjustment, Increase (Decrease), Stockholders' Equity [Abstract]      
Discharge of Debt outstanding 117,473    
Discharge of coupon interest on the 2010 Notes liability 1,105    
Predecessor | Discharge of Debt | 2007 Credit Facility      
Fresh-Start Adjustment, Increase (Decrease), Stockholders' Equity [Abstract]      
Discharge of Debt outstanding 1,055,912    
Discharge of the long-term interest payable due pursuant to the 2007 Credit 13,199    
Predecessor | Revaluation Of Assets And Liabilities      
Fresh-Start Adjustment, Increase (Decrease), Current Assets Abstract      
Prepaid expenses and other current assets 179    
Current liabilities not subject to compromise:      
Time charters acquired $ 434