General Maritime Corporation and Genco Shipping & Trading Limited To Host Investor and Analyst Event

Dec 05, 2006

NEW YORK, Dec. 5 /PRNewswire-FirstCall/ -- General Maritime Corporation (NYSE: GMR) and Genco Shipping & Trading Limited (Nasdaq: GSTL) announced today that they will host a joint investor and analyst meeting on Monday, December 11, 2006 in New York. Members of General Maritime's senior management team will present at 11:00 a.m. ET and members of Genco's senior management team will present at 12:30 p.m. ET.

Each company presentation will be broadcast live over the Internet. The webcast and accompanying slide presentation will be available in the Investor Relations section of General Maritime's website at and the Investor Relations section of Genco Shipping's website at

About General Maritime Corporation

General Maritime Corporation is a provider of international seaborne crude oil transportation services principally within the Atlantic basin which includes ports in the Caribbean, South and Central America, the United States, West Africa, the Mediterranean, Europe and the North Sea. We also currently operate tankers in other regions including the Black Sea and Far East. General Maritime Corporation currently owns and operates a fleet of 21 tankers -- 10 Aframax, 8 Suezmax tankers and 3 Suezmax newbuilding contracts -- making it one of the largest mid-sized tanker companies in the world, with a carrying capacity of approximately 2.8 million dwt.

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 General Maritime Corporation; Genco Shipping & Trading Limited

Jeffrey D. Pribor,
Chief Financial Officer of General Maritime Corporation,
+1-212-763-5680; or
John C. Wobensmith,
Chief Financial Officer of Genco Shipping & Trading Limited,