Genco Shipping & Trading Limited Announces First Quarter 2008 Conference Call and Webcast

NEW YORK, April 17 /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 first quarter of 2008 on Thursday, May 1, 2008 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation.

    What:  First Quarter 2008 Conference Call and Webcast

    When:  Thursday, May 1, 2008 at 8:30 a.m. Eastern Time

    Where: There are two ways to access the call:

           Dial-in: (877) 874-1589 or (719) 325-4837; Passcode: 4047163

           Please dial in at least 10 minutes prior to 8:30 a.m. Eastern Time
           to ensure a prompt start to the call.

           For live webcast and slide presentation:
           http://www.gencoshipping.com

If you are unable to participate at this time, a replay of the call will be available through Thursday, May 15, 2008 at (888) 203-1112 or (719) 457-0820. Enter the code 4047163 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 Shipping & Trading Limited currently owns a fleet of 28 drybulk vessels consisting of five Capesize, six Panamax, three Supramax, six Handymax and eight Handysize vessels, with a carrying capacity of approximately 2,020,000 dwt. After the delivery of the four remaining Capesize vessels from companies within the Metrostar Management Corporation group, Genco Shipping & Trading Limited will own a fleet of 32 drybulk vessels, consisting of nine Capesize, six Panamax, three Supramax, six Handymax and eight Handysize vessels, with a carrying capacity of approximately 2,700,000 dwt.