Genco Shipping & Trading Limited Announces Warrant Ticker Symbol Change

Aug 18, 2014

New York, New York, August 18, 2014 - Genco Shipping & Trading Limited (the “Company”) announced a change of the Company’s ticker symbol for its warrants to purchase its common stock. The warrants are currently trading on the OTC Bulletin Board under the trading symbol “GNKWF” (OTCBB: GNKWF). The previous trading symbol was “GNKSF” (OTCBB: GNKSF).

About Genco Shipping & Trading Limited
Genco Shipping & Trading Limited transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. Excluding Baltic Trading Limited’s fleet, we own a fleet of 53 drybulk vessels, consisting of nine Capesize, eight Panamax, 17 Supramax, six Handymax and 13 Handysize vessels, with an aggregate carrying capacity of approximately 3,810,000 dwt. In addition, our subsidiary Baltic Trading Limited currently owns a fleet of 13 drybulk vessels, consisting of four Capesize, four Supramax, and five Handysize vessels. References to Genco’s vessels and fleet in this press release exclude vessels owned by Baltic Trading Limited.

John C. Wobensmith, Chief Financial Officer, Genco Shipping & Trading Limited, (646) 443-8555