Investors

Genco Shipping & Trading Limited to Present at Bear Stearns Global Transportation Conference

May 04, 2006

NEW YORK, NY, May 04, 2006 (MARKET WIRE via COMTEX News Network) -- Genco Shipping & Trading Limited (NASDAQ: GSTL) announced today that the Company's Chief Financial Officer, John C. Wobensmith, will be presenting at the Bear Stearns Global Transportation Conference in New York on Wednesday, May 10, 2006 at 9:30 A.M. Eastern Daylight Time.

"The presentation will be broadcast live over the Internet and can be accessed at: http://customer.talkpoint.com/BEAR002/050906a_cy/default.asp?entity=genco. In addition, the accompanying slide presentation and webcast will be available in the Investor Relations section of Genco Shipping's website at www.gencoshipping.com."

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