Aegean Marine Petroleum Network Inc., General Maritime Corporation, Genco Shipping & Trading Limited and Baltic Trading Limited to Host Investor and Analyst Event
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Aegean Marine Petroleum Network Inc.; Genco Shipping & Trading Limited; Baltic Trading Limited; General Maritime CorporationMay 14, 2010, 09:33 ET
NEW YORK, May 13 /PRNewswire-FirstCall/ -- Aegean Marine Petroleum Network Inc. (NYSE: ANW), General Maritime Corporation (NYSE: GMR), Genco Shipping & Trading Limited (NYSE: GNK) and Baltic Trading Limited (NYSE: BALT) announced today that they will host a joint investor and analyst meeting on Wednesday, May 19, 2010 in New York. Aegean Marine's senior management team is scheduled to present at 10:45 a.m. ET, General Maritime's senior management team is scheduled to present at 11:30 a.m. ET, Genco's senior management team is scheduled to present at 12:30 p.m. ET and Baltic Trading's senior management team is scheduled to present at 1:15 p.m. ET.
All four company presentations will be broadcast live over the Internet. The webcast and accompanying slide presentation for Aegean Marine, General Maritime, Genco and Baltic Trading will be available in the Investor Relations section of each company's website at www.ampni.com, www.generalmaritimecorp.com, www.gencoshipping.com and www.baltictrading.com, respectively.
About Aegean Marine Petroleum Network Inc.
Aegean Marine Petroleum Network Inc. is an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea. The Company procures product from various sources (such as refineries, oil producers, and traders) and resells it to a diverse group of customers across all major commercial shipping sectors and leading cruise lines. Currently, Aegean has a global presence in more than 15 markets, including Vancouver, Montreal, Mexico, Jamaica, Trinidad and Tobago, West Africa, Gibraltar, U.K., Northern Europe, Piraeus, Patras, the United Arab Emirates, Singapore, Morocco and the Antwerp-Rotterdam-Amsterdam (ARA) region.
About General Maritime Corporation
General Maritime Corporation is a leading provider of international seaborne crude oil transportation services. General Maritime also provides transportation services for refined petroleum products. General Maritime's vessels operate principally within the Atlantic basin, which includes ports in the Caribbean, South and Central America, the United States, West Africa, the Mediterranean, Europe and the North Sea. General Maritime also currently operates tankers in other regions including the Black Sea and Far East. General Maritime owns a fully double-hull fleet of 31 tankers - two Very Large Crude Carriers, twelve Aframax, eleven Suezmax tankers, two Panamax and four Handymax product tankers - with a total carrying capacity of approximately 4.0 million dwt.
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 35 drybulk vessels, consisting of nine Capesize, eight Panamax, four Supramax, six Handymax and eight Handysize vessels, with an aggregate carrying capacity of approximately 2,903,000 dwt. In addition, after the delivery of four vessels expected in May and October 2010, our subsidiary Baltic Trading Limited will own a fleet of six drybulk vessels, consisting of two Capesize and four Supramax vessels with an aggregate carrying capacity of approximately 566,000 dwt.
About Baltic Trading Limited
Baltic Trading Limited, a Marshall Islands company formed by Genco Shipping & Trading Limited, is a shipping company focused on the drybulk industry spot market. Baltic Trading Limited plans to use the proceeds of its initial public offering, together with a $75 million capital contribution received from Genco, to acquire its initial fleet of two Capesize newbuildings and four 2009-built Supramaxes as well as for working capital and general corporate purposes, which may include future vessel purchases. The vessels in Baltic Trading Limited's initial fleet are expected to be delivered in May and October 2010.
SOURCE Aegean Marine Petroleum Network Inc.; Genco Shipping & Trading Limited; Baltic Trading Limited; General Maritime Corporation
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