Genco Shipping & Trading Limited Announces Second Quarter 2010 Conference Call and Webcast

NEW YORK, July 29 /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 second quarter of 2010 on Tuesday, August 10, 2010 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 second quarter ended June 30, 2010 on Monday, August 9, 2010 after the close of market trading.

If you are unable to participate at this time, a replay of the call will be available for two weeks at (888) 203-1112 or (719) 457-0820.  Enter the code 3721646 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 currently owns a fleet of 37 drybulk vessels, consisting of nine Capesize, eight Panamax, five Supramax, six Handymax and nine Handysize vessels, with an aggregate carrying capacity of approximately 2,991,000 dwt.  After the expected delivery of four Handysize vessels and twelve Supramax vessels that Genco has agreed to acquire and retain, Genco will own a fleet of 53 drybulk vessels, consisting of nine Capesize, eight Panamax, seventeen Supramax, six Handymax, and thirteen Handysize vessels with a total carrying capacity of approximately 3,813,000 dwt.  References to Genco’s vessels and fleet in this press release exclude vessels owned by Baltic Trading Limited, a subsidiary of Genco.

SOURCE Genco Shipping & Trading Limited

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