Investors

Genco Shipping & Trading Limited to Present at Jefferies 3rd Annual Shipping Conference

Sep 20, 2006

NEW YORK, Sept. 20 /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 Jefferies 3rd Annual Shipping Conference on Wednesday, September 27, 2006 at 8:15 a.m. ET.

The presentation will be broadcast live over the Internet and can be accessed at http://www.wsw.com/webcast/jeff13/gstl . 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. After the acquisition of the three vessels, Genco Shipping & Trading Limited will own 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 of Genco Shipping & Trading Limited, +1-646-443-8555