Investors

Genco Shipping & Trading Limited to Present at Goldman Sachs Global Industrials Conference 2008

Oct 30, 2008

NEW YORK, Oct. 30 /PRNewswire-FirstCall/ -- Genco Shipping & Trading Limited (NYSE: GNK) today announced that the Company's Chief Financial Officer, John C. Wobensmith, is scheduled to present at the Goldman Sachs Global Industrials Conference 2008 in New York on Thursday, November 6, 2008 at 4:00 p.m. ET.

The presentation will be broadcast live over the Internet and can be accessed at http://cc.talkpoint.com/GOLD006/110508a_mg/?entity=genco. 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. Genco Shipping & Trading Limited currently owns a fleet of 31 drybulk vessels consisting of five Capesize, eight Panamax, four Supramax, six Handymax and eight Handysize vessels, with an aggregate carrying capacity of approximately 2,226,500 dwt. After the expected delivery of 10 vessels the Company has agreed to acquire, Genco Shipping & Trading Limited will own a fleet of 41 drybulk vessels, consisting of 12 Capesize, eight Panamax, four Supramax, six Handymax and 11 Handysize vessels, with an aggregate carrying capacity of approximately 3,516,000 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)