Genco Shipping & Trading Limited Completes Acquisition of Six Drybulk Vessels

Genco Shipping & Trading Limited today announced that it has taken delivery of the Genco Champion, a 2006-built Handysize vessel, on January 2, 2008. The Genco Champion is the final vessel to be delivered to the Company under Genco’s previously announced agreements on August 14, 2007 to acquire six drybulk vessels from affiliates of Evalend Shipping Co. S.A.