Investors

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

Jan 31, 2008

NEW YORK, Jan. 31 /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 fourth quarter of 2007 on Thursday, February 14, 2008 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 2007 Conference Call and Webcast
    When: Thursday, February 14, 2008 at 8:30 a.m. Eastern Time
    Where: There are two ways to access the call:
    Dial-in: (877) 795-3635 or (719) 325-4835; Passcode: 4694857

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, February 28, 2008 at (888) 203-1112 or (719) 457-0820. Enter the code 4694857 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 28 drybulk vessels consisting of four Capesize, seven Panamax, three Supramax, six Handymax and eight Handysize vessels, with a carrying capacity of approximately 1,908,000 dwt. After the sale of the Genco Trader as well as the delivery of the five remaining Capesize 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 of Genco Shipping & Trading Limited,
+1-646-443-8555

Web site: http://www.gencoshipping.com
(GNK)