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

NEW YORK, Oct. 22 /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 third quarter of 2010 on Thursday, November 4, 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 third quarter ended September 30, 2010 on Wednesday, November 3, 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 9554841 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 49 drybulk vessels, consisting of nine Capesize, eight Panamax, sixteen Supramax, six Handymax and ten Handysize vessels, with an aggregate carrying capacity of approximately 3,649,000 dwt. After the expected delivery of three remaining Handysize vessels and one remaining Supramax vessel 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 3,812,000 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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