Genco Shipping & Trading Limited (GS&T) transports iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes through the ownership and operation of drybulk carrier vessels. GS&T’s fleet consists of 53 drybulk carriers, including nine capesize, eight panamax, 17 supramax, six handymax and 13 handysize drybulk carriers, with an aggregate carrying capacity of approximately 3,810,000 deadweight tonnages. Additionally, five of the vessels in the Company’s fleet are operating in vessel pools. The Company operates in two segments: GS&T and Baltic Trading Limited (Baltic Trading). The Company provides technical services for drybulk vessels purchased by Maritime Equity Partners (MEP) under an agency agreement between the Company and MEP.