GSTL Genco Shipping & Trading Ltd (MM)

Genco Shipping & Trading Limited (NASDAQ: GSTL) announced today that the Company's Chief Financial Officer, John C. Wobensmith, will be presenting at the Goldman Sachs Second Annual Shipping Conference in New York on Tuesday, November 29, 2005 at 1:15 P.M. Eastern Standard Time. The presentation will be broadcast live over the Internet and can be accessed at http://customer.talkpoint.com/GOLD006/112905a_cs/ linkdefault.asp?entity=genco. In addition, the accompanying slide presentation 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 Shipping & Trading Limited currently owns a fleet of 17 drybulk carriers, consisting of five Panamax, seven Handymax and five Handysize vessels, with a carrying capacity of approximately 839,000 dwt.