Genco Shipping & Trading Limited to Present at Goldman Sachs Global Industrials Conference 2010

NEW YORK, Nov. 1 /PRNewswire-FirstCall/ -- Genco Shipping & Trading Limited (NYSE: GNK) today announced that the Company's Chief Financial Officer, John C. Wobensmith, is scheduled to present at the Goldman Sachs Global Industrials Conference 2010 in New York on Wednesday, November 3, 2010 at 2:00 p.m. ET.

The audio presentation will be broadcast live over the Internet and can be accessed at http://cc.talkpoint.com/gold006/110310a_mg/?entity=34_0Y3MMRE. In addition, the webcast will be available in the Investor Relations section of Genco Shipping's website at 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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