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Filing Details

Accession Number:: 0001104659-14-062153
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-08-20 11:59:24
Reporting Period:: 2014-08-18

Filing Date:: 2014-08-20
Accepted Time:: 2014-08-20 11:59:24
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1326200	Genco Shipping & Trading Ltd	GNK	Deep Sea Foreign Transportation Of Freight (4412)	000000000

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1301912	Strategic Value Partners, Llc	C/O Strategic Value Partners, Llc 100 West Putnam Avenue Greenwich CT 06830	No	No	Yes	No
1473996	Victor Khosla	C/O Strategic Value Partners, Llc 100 West Putnam Avenue Greenwich CT 06830	No	No	Yes	No
1614274	Svp Special Situations Iii Llc	C/O Strategic Value Partners, Llc 100 West Putnam Avenue Greenwich CT 06830	No	No	Yes	No
1614275	Svp Special Situations Iii-A Llc	C/O Strategic Value Partners, Llc 100 West Putnam Avenue Greenwich CT 06830	No	No	Yes	No
1614276	Svp Special Situations Ii Llc	C/O Strategic Value Partners, Llc 100 West Putnam Avenue Greenwich CT 06830	No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2014-08-18	57,546	$21.00	2,746,754	No	4	P	Indirect	See footnote
Common Stock	Acquisiton	2014-08-18	35,254	$21.00	1,739,745	No	4	P	Indirect	See footnote
Common Stock	Acquisiton	2014-08-18	7,200	$21.00	364,162	No	4	P	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See footnote
No	4	P	Indirect	See footnote
No	4	P	Indirect	See footnote

Footnotes

The reported securities are held directly by Strategic Value Special Situations Master Fund II, L.P., Strategic Value Special Situations Master Fund III, L.P. and Strategic Value Special Situations Offshore Fund III-A, L.P., and may be deemed to be held indirectly by Strategic Value Partners, LLC ("Strategic Value Partners"), SVP Special Situations II LLC ("Special Situations II"), SVP Special Situations III LLC ("Special Situations III"), SVP Special Situations III-A LLC ("Special Situations III-A"), each as investment manager and Victor Khosla ("Mr. Khosla" and together with Strategic Value Partners, Special Situations II, Special Situations III and Special Situations III-A, the "Reporting Persons"), as the sole member of Midwood Holdings, LLC, the managing member of Strategic Value Partners, in each case as described below.
The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise the beneficial owners of any of the shares of common stock, of Genco Shipping & Trading Limited (the "Issuer"). Pursuant to Rule 16a-1, the Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest.
Special Situations II is the investment manager of, and exercises investment discretion over Strategic Value Special Situations Master Fund II, L.P., a Cayman Islands exempted limited partnership. Strategic Value Partners is the managing member of Special Situations II. Strategic Value Partners and Special Situations II are both indirectly majority owned and controlled by Mr. Khosla.
Special Situations III is the investment manager of, and exercises investment discretion over Strategic Value Special Situations Master Fund III, L.P., a Cayman Islands exempted limited partnership. Strategic Value Partners is the managing member of Special Situations III. Strategic Value Partners and Special Situations III are both indirectly majority owned and controlled by Mr. Khosla.
Special Situations III-A is the investment manager of, and exercises investment discretion over Strategic Value Special Situations Offshore Fund III-A, L.P., a Cayman Islands exempted limited partnership. Strategic Value Partners is the managing member of Special Situations III-A. Strategic Value Partners and Special Situations III-A are both indirectly majority owned and controlled by Mr. Khosla.