Investors

Genco Shipping & Trading Limited Announces Third Quarter 2007 Conference Call and Webcast

Oct 18, 2007

NEW YORK, Oct. 18 /PRNewswire-FirstCall/ -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company's results for the third quarter of 2007 on Thursday, November 1, 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: Third Quarter 2007 Conference Call and Webcast

When: Thursday, November 1, 2007 at 8:30 a.m. Eastern Time

Where: There are two ways to access the call:

Dial-in: (877) 857-6173 or (719) 325-4832; Passcode: 3416172
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 Thursday, November 15, 2007 at (888) 203-1112 or (719) 457-0820. Enter the code 3416172 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. Genco Shipping & Trading Limited currently owns a fleet of 22 drybulk vessels consisting of three Capesize, seven Panamax, seven Handymax and five Handysize vessels, with a carrying capacity of approximately 1,522,000 dwt. After the sale of the Genco Trader and the Genco Commander as well as the delivery of six vessels from affiliates of Evalend Shipping Co. S.A. and the six remaining vessels from companies within the Metrostar Management Corporation group, Genco Shipping & Trading Limited will own a fleet of 32 drybulk vessels, consisting of nine Capesize, six Panamax, three Supramax, six Handymax and eight Handysize vessels, with a carrying capacity of approximately 2,700,000 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
(GNK)