Genco Shipping & Trading Limited to Present at J.P. Morgan Aviation, Transportation & Defense Conference

NEW YORK, March 17, 2011 /PRNewswire/ -- Genco Shipping & Trading Limited (NYSE: GNK) today announced that the Company's Chief Financial Officer, John C. Wobensmith, is scheduled to present at the J.P. Morgan Aviation, Transportation & Defense Conference in New York on Tuesday, March 22, 2011 at 9:30 a.m. ET.

The presentation will be broadcast live over the Internet and can be accessed at http://cc.talkpoint.com/jpmc001/032211a_mg/?entity=42_6BJJQW6. In addition, the accompanying slide presentation and 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. Excluding Baltic Trading Limited's fleet, and assuming deliveries of the vessels we recently agreed to acquire, we will 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 3,812,000 dwt. In addition, our subsidiary Baltic Trading Limited currently owns a fleet of nine drybulk vessels, consisting of two Capesize, four Supramax, and three Handysize vessels. 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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