Investors

Genco Shipping & Trading Limited Announces Fourth Quarter and Full Year 2006 Conference Call and Webcast

Jan 31, 2007

NEW YORK, Jan. 31 /PRNewswire/ -- Genco Shipping & Trading Limited (Nasdaq: GSTL) announced today that it will hold a conference call to discuss the Company's results for the fourth quarter and full year of 2006 on Wednesday, February 14, 2007 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation.

    What:  Fourth Quarter and Full Year 2006 Conference Call and Webcast

    When:  Wednesday, February 14, 2007 at 8:30 a.m. Eastern Time

    Where: There are two ways to access the call:

           Dial-in: (800) 946-0706 or (719) 457-2638; Passcode: 6720864

           Please dial in at least 10 minutes prior to 8:30 a.m. Eastern 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 through Wednesday, February 28, 2007 at (888) 203-1112 or (719) 457- 0820. Enter the code 6720864 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 mcimini@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. After the previously announced sale of the Genco Glory, Genco Shipping & Trading Limited will own a fleet of 19 drybulk vessels, consisting of seven Panamax, seven Handymax and five Handysize vessels, with a carrying capacity of approximately 988,000 dwt.

SOURCE Genco Shipping & Trading Limited

CONTACT:
John C. Wobensmith
Chief Financial Officer
Genco Shipping & Trading Limited
1-646-443-8555
Web site: http://www.gencoshipping.com