NEW YORK, Oct. 19 /PRNewswire-FirstCall/ -- Genco Shipping & Trading Limited (NASDAQ:GSTL) announced today that it will hold a conference call to discuss the Company's results for the third quarter of 2006 on Thursday, November 2, 2006 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. What: Third Quarter 2006 Conference Call and Webcast When: Thursday, November 2, 2006 at 8:30 a.m. Eastern Time Where: There are two ways to access the call: Dial-in: (800) 946-0713 or (719) 457-2642; Passcode: 1461964 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 until Thursday, November 16, 2006 at (888) 203-1112 or (719) 457-0820. Enter the code 1461964 to access the audio replay. The webcast will also be archived on the Company's website: http://www.gencoshipping.com/. Please confirm your attendance via e-mail to or contact Apostolos Zafolias at (646) 443-8525. About Genco Shipping & Trading Limited Genco Shipping & Trading Limited transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. After the acquisition of the three vessels, Genco Shipping & Trading Limited will own a fleet of 20 drybulk vessels, consisting of seven Panamax, eight Handymax and five Handysize vessels, with a carrying capacity of approximately 1,029,000 dwt. DATASOURCE: Genco Shipping & Trading Limited CONTACT: John C. Wobensmith, Chief Financial Officer of Genco Shipping & Trading Limited, +1-646-443-8555 Web site: http://www.gencoshipping.com/

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