Filing Details

Accession Number:
0000902664-21-003861
Form Type:
13D Filing
Publication Date:
2021-08-15 20:00:00
Filed By:
Centerbridge Credit Partners, L.p.
Company:
Genco Shipping & Trading Ltd (NYSE:GNK)
Filing Date:
2021-08-16
SEC Url:
13D Filing
Ownership Summary

Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Centerbridge Credit Partners 0 172,623 0 172,623 172,623 0.41%
Centerbridge Credit Partners General Partner 0 172,623 0 172,623 172,623 0.41%
Centerbridge Credit Cayman GP Ltd 0 469,908 0 469,908 469,908 1.12%
Centerbridge Credit Partners Master 0 297,285 0 297,285 297,285 0.71%
Centerbridge Credit Partners Offshore General Partner 0 297,285 0 297,285 297,285 0.71%
Centerbridge Capital Partners II (Cayman) 0 4,531,411 0 4,531,411 4,531,411 10.81%
Centerbridge Capital Partners SBS II (Cayman) 0 33,172 0 33,172 33,172 0.08%
Centerbridge Associates II (Cayman) 0 4,531,411 0 4,531,411 4,531,411 10.81%
CCP II Cayman GP Ltd 0 4,564,583 0 4,564,583 4,564,583 10.89%
Centerbridge Special Credit Partners II AIV IV (Cayman) 0 160,463 0 160,463 160,463 0.38%
Centerbridge Special Credit Partners General Partner II (Cayman) 0 160,463 0 160,463 160,463 0.38%
Centerbridge Special Credit Partners II 0 0 0 0 0 0%
Centerbridge Special Credit Partners General Partner II 0 0 0 0 0 0%
CSCP II Cayman GP Ltd 0 160,463 0 160,463 160,463 0.38%
Jeffrey H. Aronson 0 5,194,954 0 5,194,954 5,194,954 12.39%
Filing
SECURITIES AND EXCHANGE COMMISSION  
Washington, D.C. 20549  
   
SCHEDULE 13D/A
 
Under the Securities Exchange Act of 1934
(Amendment No. 18)*
 

Genco Shipping & Trading Limited

(Name of Issuer)
 

Common Stock, $0.01 Par Value

(Title of Class of Securities)
 

Y2685T131

(CUSIP Number)
 
Susanne V. Clark

c/o Centerbridge Partners, L.P.

375 Park Avenue

New York, NY 10152

(212) 672-5000

(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
 

August 12, 2021

(Date of Event Which Requires Filing of This Statement)
 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box. o

 

(Page 1 of 22 Pages)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

 

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 2 of 22 Pages

 

1

NAME OF REPORTING PERSON

Centerbridge Credit Partners, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

172,623

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

172,623

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

172,623

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.41%

14

TYPE OF REPORTING PERSON

PN

           

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 3 of 22 Pages

 

 

1

NAME OF REPORTING PERSON

Centerbridge Credit Partners General Partner, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

172,623

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

172,623

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

172,623

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.41%

14

TYPE OF REPORTING PERSON

PN

           

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 4 of 22 Pages

 

 

1

NAME OF REPORTING PERSON

Centerbridge Credit Cayman GP Ltd.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

469,908

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

469,908

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

469,908

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

1.12%

14

TYPE OF REPORTING PERSON

CO

           

 

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 5 of 22 Pages

 

 

1

NAME OF REPORTING PERSON

Centerbridge Credit Partners Master, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨  
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

297,285

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

297,285

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

297,285

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.71%

14

TYPE OF REPORTING PERSON

PN

             

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 6 of 22 Pages

 

 

1

NAME OF REPORTING PERSON

Centerbridge Credit Partners Offshore General Partner, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

297,285

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

297,285

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

297,285

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.71%

14

TYPE OF REPORTING PERSON

PN

           

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 7 of 22 Pages

 

 

1

NAME OF REPORTING PERSON

Centerbridge Capital Partners II (Cayman), L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨  
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

4,531,411

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

4,531,411

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

4,531,411

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

10.81%

14

TYPE OF REPORTING PERSON

PN

             

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 8 of 22 Pages

 

 

1

NAME OF REPORTING PERSON

Centerbridge Capital Partners SBS II (Cayman), L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

33,172

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

33,172

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

33,172

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.08%

14

TYPE OF REPORTING PERSON

PN

           

 

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 9 of 22 Pages

 

 

1

NAME OF REPORTING PERSON

Centerbridge Associates II (Cayman), L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

4,531,411

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

4,531,411

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

4,531,411

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

10.81%

14

TYPE OF REPORTING PERSON

PN

           

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 10 of 22 Pages

 

 

1

NAME OF REPORTING PERSON

CCP II Cayman GP Ltd.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

4,564,583

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

4,564,583

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

4,564,583

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

10.89%

14

TYPE OF REPORTING PERSON

CO

           

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 11 of 22 Pages

 

 

1

NAME OF REPORTING PERSON

Centerbridge Special Credit Partners II AIV IV (Cayman), L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

160,463

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

160,463

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

160,463

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.38%

14

TYPE OF REPORTING PERSON

PN

           

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 12 of 22 Pages

 

 

1

NAME OF REPORTING PERSON

Centerbridge Special Credit Partners General Partner II (Cayman), L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

160,463

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

160,463

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

160,463

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.38%

14

TYPE OF REPORTING PERSON

PN

           

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 13 of 22 Pages

 

 

1

NAME OF REPORTING PERSON

Centerbridge Special Credit Partners II, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

-0-

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

-0-

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

-0-

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0%

14

TYPE OF REPORTING PERSON

PN

           


 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 14 of 22 Pages

 

1

NAME OF REPORTING PERSON

Centerbridge Special Credit Partners General Partner II, L.P.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Delaware

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

-0-

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

-0-

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

-0-

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0%

14

TYPE OF REPORTING PERSON

PN

           

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 15 of 22 Pages


1

NAME OF REPORTING PERSON

CSCP II Cayman GP Ltd.

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

Cayman Islands

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

160,463

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

160,463

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

160,463

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.38%

14

TYPE OF REPORTING PERSON

CO

           

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 16 of 22 Pages

 

 

1

NAME OF REPORTING PERSON

Jeffrey H. Aronson

2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

(a) ¨

(b) x

3 SEC USE ONLY
4

SOURCE OF FUNDS

OO

5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) ¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

NUMBER OF
SHARES
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON WITH
7

SOLE VOTING POWER

-0-

8

SHARED VOTING POWER

5,194,954

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

5,194,954

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

5,194,954

12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES ¨
13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

12.39%

14

TYPE OF REPORTING PERSON

IN

           

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 17 of 22 Pages

 

This  Amendment No. 18 (“Amendment No. 18”) amends and supplements the statement on Schedule 13D (the “Original Schedule 13D”) filed with the Securities and Exchange Commission (the “SEC”) on July 21, 2014, as amended by Amendment No. 1 (“Amendment No. 1”) filed with the SEC on July 23, 2015, Amendment No. 2  (“Amendment No. 2”) filed with the SEC on September 17, 2015, Amendment No. 3 (“Amendment No. 3”) filed with the SEC on May 11, 2016, Amendment No. 4 (“Amendment No. 4”) filed with the SEC on June 10, 2016, Amendment No. 5 (“Amendment No. 5”) filed with the SEC on July 1, 2016, Amendment No. 6 (“Amendment No. 6”) filed with the SEC on October 11, 2016, Amendment No. 7 (“Amendment No. 7”) filed with the SEC on October 31, 2016, Amendment No. 8 (“Amendment No. 8”) filed with the SEC on December 6, 2016, Amendment No. 9 (“Amendment No. 9”) filed with the SEC on January 6, 2017, Amendment No. 10 (“Amendment No. 10”) filed with the SEC on December 13, 2017, Amendment No. 11 (“Amendment No. 11”) filed with the SEC on February 6, 2018, Amendment No. 12 (“Amendment No. 12”) filed with the SEC on December 28, 2020, Amendment No. 13 (“Amendment No. 13”) filed with the SEC on January 11, 2021, Amendment No. 14 (“Amendment No. 14”) filed with the SEC on February 3, 2021, Amendment No. 15 filed with the SEC on March 29, 2021 (“Amendment No. 15”), Amendment No. 16 filed with the SEC on May 12, 2021 (“Amendment No. 16”) and Amendment No. 17 filed with the SEC on May 20, 2021 (“Amendment No. 17”, and the Original Schedule 13D as amended by Amendment No. 1, Amendment No. 2, Amendment No. 3, Amendment No. 4, Amendment No. 5, Amendment No. 6, Amendment No. 7, Amendment No. 8, Amendment No. 9, Amendment No. 10, Amendment No. 11, Amendment No. 12, Amendment No. 13, Amendment No. 14, Amendment No. 15, Amendment No. 16, Amendment No. 17 and this Amendment No. 18, the “Schedule 13D”), with respect to the shares of common stock, par value $0.01 per share (the “Common Stock”) of Genco Shipping & Trading Limited, a corporation organized under the laws of the Republic of the Marshall Islands (the “Issuer”).  This Amendment No. 18 amends Item 5 as set forth below.

 

Item 5. INTEREST IN SECURITIES OF THE ISSUER
   
  Items 5(a)-(c) and (e) of the Schedule 13D is hereby amended and restated as follows:
   
  (a)– (b) The percentages of Common Stock reported herein are based on 41,916,874 shares of Common Stock outstanding as of August 4, 2021, as reported in the Issuer’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2021, filed with the Securities and Exchange Commission on August 4, 2021.
   
  The information required by Items 5(a) – (b) is set forth in rows 7 – 13 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
   
   (c) Information concerning transactions in the shares of Common Stock effected by the Reporting Persons during the past sixty (60) days is set forth in Schedule A, which is attached hereto and is incorporated herein by reference.  All of the transactions in the shares of Common Stock listed therein were effected in the open market through various brokerage entities.
   
 

(e) As of August 12, 2021, CSCP II and CSCPGP II ceased to beneficially own any shares of Common Stock and, as such, this constitutes an “exit filing” for CSCP II and CSCPGP II.

 

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 18 of 22 Pages

 

SIGNATURES

 

After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.

Date: August 16, 2021

 

  CENTERBRIDGE CREDIT PARTNERS, L.P.
   
  By:  Centerbridge Credit Partners
          General Partner, L.P., its general partner
  By:  Centerbridge Credit Cayman GP Ltd.,
          its general partner
   
  /s/ Susanne V. Clark
  Name:  Susanne V. Clark
  Title:    Authorized Signatory
   
  CENTERBRIDGE CREDIT PARTNERS GENERAL PARTNER, L.P.
   
  By:  Centerbridge Credit Cayman GP Ltd.,
          its general partner
   
  /s/ Susanne V. Clark
  Name:  Susanne V. Clark
  Title:    Authorized Signatory
   
   
  Centerbridge Credit Cayman GP Ltd.
   
  /s/ Susanne V. Clark
  Name:  Susanne V. Clark
  Title:    Authorized Signatory
   
   
  CENTERBRIDGE CREDIT PARTNERS MASTER, L.P.
   
  By:  Centerbridge Credit Partners Offshore General
          Partner, L.P., its general partner
  By:  Centerbridge Credit Cayman GP Ltd.,
          its general  partner
   
  /s/ Susanne V. Clark
  Name:  Susanne V. Clark
  Title:    Authorized Signatory
   

 

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 19 of 22 Pages

 

 

  CENTERBRIDGE CREDIT PARTNERS OFFSHORE GENERAL PARTNER, L.P.
   
  By:  Centerbridge Credit Cayman GP Ltd.,
          its general  partner
   
  /s/ Susanne V. Clark
  Name:  Susanne V. Clark
  Title:    Authorized Signatory
   
   
  CENTERBRIDGE CAPITAL PARTNERS II (CAYMAN), L.P.
   
  By:  Centerbridge Associates II (Cayman), L.P.,
          its general  partner
  By:  CCP II Cayman GP Ltd.,
          its general  partner
   
   
  /s/ Susanne V. Clark
  Name:  Susanne V. Clark
  Title:    Authorized Signatory
   
   
  CENTERBRIDGE CAPITAL PARTNERS SBS II (CAYMAN), L.P.
   
  By:  CCP II Cayman GP Ltd.,
          its general  partner
   
   
  /s/ Susanne V. Clark
  Name:  Susanne V. Clark
  Title:    Authorized Signatory
   
   
  CENTERBRIDGE ASSOCIATES II (CAYMAN), L.P.
   
  By:  CCP II Cayman GP Ltd.,
          its general  partner
   
   
  /s/ Susanne V. Clark
  Name:  Susanne V. Clark
  Title:    Authorized Signatory

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 20 of 22 Pages

 

 

  CCP II CAYMAN GP LTD.
   
   
  /s/ Susanne V. Clark
  Name:  Susanne V. Clark
  Title:    Authorized Signatory
   
   
  CENTERBRIDGE SPECIAL CREDIT PARTNERS II AIV IV (CAYMAN), L.P.
   
  By:  Centerbridge Special Credit Partners General
          Partner II (Cayman), L.P.,  its general partner
  By:  CSCP II Cayman GP Ltd., its general partner
   
   
  /s/ Susanne V. Clark
  Name:  Susanne V. Clark
  Title:    Authorized Signatory
   
   
  CENTERBRIDGE SPECIAL CREDIT PARTNERS GENERAL PARTNER II (CAYMAN), L.P.
   
  By:  CSCP II Cayman GP Ltd., its general partner
   
   
  /s/ Susanne V. Clark
  Name:  Susanne V. Clark
  Title:    Authorized Signatory
   
   
  CSCP II CAYMAN GP LTD.
   
   
  /s/ Susanne V. Clark
  Name:  Susanne V. Clark
  Title:    Authorized Signatory
   
   

 

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 21 of 22 Pages

 

 

  CENTERBRIDGE SPECIAL CREDIT PARTNERS II, L.P.
   
  By:  Centerbridge Special Credit Partners
          General Partner II, L.P.,
          its general partner
  By:  CSCP II Cayman GP Ltd., its general partner
   
   
  /s/ Susanne V. Clark
  Name:  Susanne V. Clark
  Title:    Authorized Signatory
   
   
  CENTERBRIDGE SPECIAL CREDIT PARTNERS
  GENERAL PARTNER II, L.P.
   
  By:  CSCP II Cayman GP Ltd., its general partner
   
   
  /s/ Susanne V. Clark
  Name:  Susanne V. Clark
  Title:    Authorized Signatory
   
   
  Jeffrey H. Aronson
   
  /s/ Jeffrey H. Aronson

 

CUSIP No. Y2685T115

SCHEDULE 13D/APage 22 of 22 Pages

SCHEDULE A

 

Transactions in the SHARES OF COMMON STOCK of the Issuer
DURING THE PAST 60 DAYS

 

The following tables set forth all transactions in the shares of Common Stock effected in the past sixty (60) days by the Reporting Persons. Except as noted below, all such transactions were effected in the open market through brokers and the price per share is net of commissions.

 

 

CENTERBRIDGE CREDIT PARTNERS MASTER, L.P.:

 

Trade Date Shares Purchased (Sold) Price Per Share ($)*
08/12/2021 (318,332) 18.09
08/13/2021 (28,296) 18.14

 

 

CENTERBRIDGE CREDIT PARTNERS, L.P.:

 

Trade Date Shares Purchased (Sold) Price Per Share ($)*
08/12/2021 (184,844) 18.09
08/13/2021 (16,431) 18.14

 

 

CENTERBRIDGE SPECIAL CREDIT PARTNERS II AIV IV (CAYMAN), L.P.:

 

Trade Date Shares Purchased (Sold) Price Per Share ($)*
08/12/2021 (85,348) 18.09
08/13/2021 (15,273) 18.14

 

 

CENTERBRIDGE SPECIAL CREDIT PARTNERS II, L.P.

 

Trade Date Shares Purchased (Sold) Price Per Share ($)*
08/12/2021 (86,476) 18.09
     

 

*       Excluding commissions, SEC fees, etc. (rounded to nearest cent).