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Genco Shipping & Trading Limited Appoints Jesper Christensen as Vice President and Commercial Director, Minor Bulk Fleet

NEW YORK, March 28, 2017 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) announced today that it has named Jesper Christensen as Vice President and Commercial Director, Minor Bulk Fleet.

Mr. Christensen has extensive chartering experience, managing diverse vessel sizes ranging from Handysize to Panamax vessels. Prior to joining Genco, Mr. Christensen served as Director, Head of Chartering Stamford at Clipper Bulk (USA) LLC, where he was responsible for the development and growth of its chartering activities on a global basis, during which time he was charged with advancing the company’s commercial strategy.

John C. Wobensmith, Chief Executive Officer, commented, “Jesper brings a wealth of chartering experience specializing in minor bulk commodities, and we are delighted to welcome him in this important role. As Genco continues to focus on both the major bulks and the minor bulks, Jesper’s appointment further advances our commercial strategy.”

“I am thrilled to be joining Genco at such an exciting time,” said Mr. Christensen. “Genco has a strong reputation in the industry, and I look forward to working with Genco’s experienced team to further enhance our commercial platform.”

About Genco Shipping & Trading Limited
Genco Shipping & Trading Limited transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. As of March 28, 2017, Genco Shipping & Trading Limited’s fleet consists of 13 Capesize, six Panamax, four Ultramax, 21 Supramax, two Handymax and 15 Handysize vessels with an aggregate capacity of approximately 4,735,000 dwt.

John C. Wobensmith Chief Executive Officer Genco Shipping & Trading Limited (646) 443-8550

Source:Genco Shipping & Trading Ltd