Investors

Genco Shipping & Trading Limited Announces First Quarter 2009 Conference Call and Webcast

Apr 16, 2009

NEW YORK, April 16 /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 first quarter of 2009 on Thursday, April 30, 2009 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the first quarter ended March 31, 2009 on Wednesday, April 29, 2009 after the close of market trading.

    What:   First Quarter 2009 Conference Call and Webcast

    When:   Thursday, April 30, 2009 at 8:30 a.m. Eastern Time

    Where:  There are two ways to access the call:

            Dial-in: (877) 440-5784 or (719) 325-4850; Passcode: 9899034
            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, May 14, 2009 at (888) 203-1112 or (719) 457-0820. Enter the code 9899034 to access the audio replay. The webcast will also be archived on the Company's website:

http://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 32 drybulk vessels consisting of six Capesize, eight Panamax, four Supramax, six Handymax and eight Handysize vessels, with an aggregate carrying capacity of approximately 2,396,500 dwt. After the expected delivery of three vessels the Company has agreed to acquire, Genco Shipping & Trading Limited will own a fleet of 35 drybulk vessels, consisting of nine Capesize, eight Panamax, four Supramax, six Handymax and eight Handysize vessels, with an aggregate carrying capacity of approximately 2,908,000 dwt.

SOURCE  Genco Shipping & Trading Limited

    -0-                           04/16/2009
    /CONTACT:  John C. Wobensmith, Chief Financial Officer of Genco Shipping &
Trading Limited, +1-646-443-8555/
    /Web Site:  http://www.gencoshipping.com /
    (GNK)

CO:  Genco Shipping & Trading Limited

ST:  New York
IN:  MAR TRN
SU:  CCA

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