Genco Shipping & Trading Limited Announces Third Quarter 2005 Conference Call and Webcast

Oct 20, 2005

NEW YORK, NY, Oct 20, 2005 (MARKET WIRE via COMTEX News Network) -- Genco Shipping & Trading Limited (NASDAQ: GSTL) announced today that it will hold a conference call to discuss the Company's results for the third quarter of 2005. The conference call will also be broadcasted live over the Internet and include a slide presentation.

What:     Third Quarter 2005 Conference Call and Webcast
When:     Thursday, November 3, 2005 at 8:30 a.m. Eastern Standard Time
Where:    There are two ways to access the call:
          Dial-in: (866) 510-0705 or (617) 597-5363; Passcode: 25020453

Please dial in at least 10 minutes prior to 8:30 a.m. Eastern Standard Time to ensure a prompt start to the call.

For live webcast and slide presentation:

If you are unable to participate at this time, a replay of the call will be available until November 16, 2005 at (888) 286-8010 or (617) 801-6888. Enter the code 15553341 to access the audio replay.

The webcast will also be archived on the Company's website:

Please confirm your attendance via e-mail to or contact Apostolos Zafolias at (646) 443-8525.

About Genco Shipping & Trading Limited

Genco Shipping & Trading Limited transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. Genco currently owns a fleet of 17 drybulk carriers, consisting of five Panamax, seven Handymax and five Handysize vessels, with a carrying capacity of approximately 839,000 dwt.

John C. Wobensmith
Chief Financial Officer
Genco Shipping & Trading Limited
(646) 443-8555

SOURCE: Genco Shipping & Trading Limited