Investors

Genco Shipping & Trading Limited to Present at Goldman Sachs Third Annual Global Shipping Conference

Nov 22, 2006

NEW YORK, Nov. 22 /PRNewswire-FirstCall/ -- Genco Shipping & Trading Limited (Nasdaq: GSTL) announced today that the Company's Chief Financial Officer, John C. Wobensmith, is scheduled to present at the Goldman Sachs Third Annual Global Shipping Conference in New York on Tuesday, November 28, 2006 at 1:00 p.m. ET.

The presentation will be broadcast live over the Internet and can be accessed at http://cc.talkpoint.com/GOLD006/112806a_ma/?entity=drybulkpanel. 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. Currently, Genco Shipping & Trading Limited owns a fleet of 20 drybulk vessels, consisting of seven Panamax, eight Handymax and five Handysize vessels, with a carrying capacity of approximately 1,029,000 dwt.

SOURCE Genco Shipping & Trading Limited

CONTACT:
John C. Wobensmith,
Chief Financial Officer,
Genco Shipping & Trading Limited,
+1-646-443-8555