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Press Release

General Maritime Corporation and Genco Shipping & Trading Limited to Host Investor and Analyst Event

NEW YORK, Dec. 4 /PRNewswire-FirstCall/ -- General Maritime Corporation (NYSE: GMR) and Genco Shipping & Trading Limited (NYSE: GNK) announced today that they will host a joint investor and analyst meeting on Tuesday, December 11, 2007 in New York. Members of General Maritime's senior management team will present at 11:00 a.m. ET and members of Genco's senior management team will present at 12:30 p.m. ET.

Both company presentations will be broadcast live over the Internet. The webcast and accompanying slide presentation for General Maritime will be available in the Investor Relations section of the company's website at www.generalmaritimecorp.com. The webcast and accompanying slide presentation for Genco will be available in the Investor Relations section of the company's website at www.gencoshipping.com.

About General Maritime Corporation

General Maritime Corporation is a provider of international seaborne crude oil transportation services principally within the Atlantic basin, which includes ports in the Caribbean, South and Central America, the United States, West Africa, the Mediterranean, Europe and the North Sea. The Company also currently operates tankers in other regions including the Black Sea and Far East. General Maritime Corporation currently owns and operates a fleet of 21 tankers -- 10 Aframax, 10 Suezmax tankers and 1 Suezmax newbuilding contracts -- making it one of the largest mid-sized tanker companies in the world, with a carrying capacity of approximately 2.8 million dwt.

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 22 drybulk vessels consisting of four Capesize, seven Panamax, six Handymax and five Handysize vessels, with a carrying capacity of approximately 1,652,000 dwt. After the sale of the Genco Trader as well as the delivery of six vessels from affiliates of Evalend Shipping Co. S.A. and the five remaining vessels from companies within the Metrostar Management Corporation group, Genco Shipping & Trading Limited will own a fleet of 32 drybulk vessels, consisting of nine Capesize, six Panamax, three Supramax, six Handymax and eight Handysize vessels, with a carrying capacity of approximately 2,700,000 dwt.

SOURCE General Maritime Corporation; Genco Shipping & Trading Limited

CONTACT:
Jeffrey D. Pribor, Chief Financial Officer of General Maritime Corporation, +1-212-763-5680;
or John C. Wobensmith, Chief Financial Officer of Genco Shipping & Trading Limited, +1-646-443-8555

Web site: http://www.generalmaritimecorp.com
http://www.gencoshipping.com
(GMR GNK)