Peter Georgiopoulos, Chairman of Genco Shipping & Trading Limited
Rings The NASDAQ Stock Market Opening Bell

Wednesday, January 11, 2006
at NASDAQ's MarketSite
in New York City.

Genco Shipping & Trading Limited

Peter Georgiopoulos, Chairman of Genco Shipping & Trading Limited (NASDAQ: GSTL), will preside over the opening bell.

Genco Shipping & Trading Limited is an international ship owning company. The Company transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. Its wholly owned modern fleet of dry cargo vessels consists of 17 Panamax, Handymax and Handysize vessels that provide an essential link in international trade.

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