Investors

Genco Shipping & Trading Limited Announces First Quarter 2006 Conference Call and Webcast

Apr 13, 2006

NEW YORK, NY, Apr 13, 2006 (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 first quarter of 2006 on Thursday, May 4, 2006 at 8:30 a.m. Eastern Daylight Time. The conference call will also be broadcast live over the Internet and include a slide presentation.

What:
First Quarter 2006 Conference Call and Webcast

When:
Thursday, May 4, 2006 at 8:30 a.m. Eastern Daylight Time

Where:
There are two ways to access the call:
Dial-in: (888) 208-1812 or (719) 457-2654; Passcode: 7624088

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

For live webcast and slide presentation: http://www.gencoshipping.com

If you are unable to participate at this time, a replay of the call will be available until Thursday, May 18, 2006 at (888) 203-1112 or (719) 457-0820. Enter the code 7624088 to access the audio replay.

The webcast will also be archived on the Company's website: http://www.gencoshipping.com.

Please confirm your attendance via e-mail to agraham@igbir.com 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 Shipping & Trading Limited 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.

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

SOURCE: Genco Shipping & Trading