SECURITIES AND EXCHANGE COMMISSION  
Washington, D.C. 20549  
   
SCHEDULE 13D/A
 
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
 

Genco Shipping & Trading Limited

(Name of Issuer)
 

Common Stock, $0.01 Par Value

(Title of Class of Securities)
 

Y2685T115

(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)
 

September 16, 2015

(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. ¨

 

(Page 1 of 23 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. Y2685T115SCHEDULE 13D/A Page 2 of 23 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

3,204,641

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

3,204,641

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,204,641

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

4.4%

14

TYPE OF REPORTING PERSON

PN

           
 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 3 of 23 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

3,204,641

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

3,204,641

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,204,641

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

4.4%

14

TYPE OF REPORTING PERSON

PN

           
 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 4 of 23 Pages

 

 

1

NAME OF REPORTING PERSON

Centerbridge Credit GP Investors, L.L.C.

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

3,204,641

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

3,204,641

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

3,204,641

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

4.4%

14

TYPE OF REPORTING PERSON

OO

           

 

 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 5 of 23 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

5,818,546

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

5,818,546

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

5,818,546

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

8.0%

14

TYPE OF REPORTING PERSON

PN

           
 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 6 of 23 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

5,818,546

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

5,818,546

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

5,818,546

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

8.0%

14

TYPE OF REPORTING PERSON

PN

           
 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 7 of 23 Pages

 

 

1

NAME OF REPORTING PERSON

Centerbridge Credit Offshore GP Investors, L.L.C.

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

5,818,546

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

5,818,546

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

5,818,546

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

8.0%

14

TYPE OF REPORTING PERSON

OO

           
 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 8 of 23 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

10,520,805

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

10,520,805

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

10,520,805

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

14.4%

14

TYPE OF REPORTING PERSON

PN

           
 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 9 of 23 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

77,008

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

77,008

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

77,008

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.1%

14

TYPE OF REPORTING PERSON

PN

           

 

 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 10 of 23 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

10,597,813

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

10,597,813

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

10,597,813

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

14.5%

14

TYPE OF REPORTING PERSON

PN

           
 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 11 of 23 Pages

 

 

1

NAME OF REPORTING PERSON

Centerbridge GP Investors 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

10,597,813

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

10,597,813

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

10,597,813

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

14.5%

14

TYPE OF REPORTING PERSON

PN

           
 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 12 of 23 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

10,597,813

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

10,597,813

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

10,597,813

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

14.5%

14

TYPE OF REPORTING PERSON

CO

           
 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 13 of 23 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

2,610,848

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

2,610,848

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

2,610,848

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

3.6%

14

TYPE OF REPORTING PERSON

PN

           
 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 14 of 23 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

2,610,848

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

2,610,848

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

2,610,848

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

3.6%

14

TYPE OF REPORTING PERSON

PN

           
 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 15 of 23 Pages

 

 

1

NAME OF REPORTING PERSON

Centerbridge Special GP Investors 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

2,610,848

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

2,610,848

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

2,610,848

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

3.6%

14

TYPE OF REPORTING PERSON

PN

           
 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 16 of 23 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

2,610,848

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

2,610,848

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

2,610,848

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

3.6%

14

TYPE OF REPORTING PERSON

CO

           
 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 17 of 23 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

529,777

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

529,777

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

529,777

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.7%

14

TYPE OF REPORTING PERSON

PN

           
 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 18 of 23 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

529,777

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

529,777

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

529,777

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.7%

14

TYPE OF REPORTING PERSON

PN

             

 

 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 19 of 23 Pages

 

1

NAME OF REPORTING PERSON

Centerbridge Special GP Investors II, L.L.C.

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

529,777

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

529,777

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

529,777

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

0.7%

14

TYPE OF REPORTING PERSON

OO

           
 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 20 of 23 Pages

 

1

NAME OF REPORTING PERSON

Mark T. Gallogly

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

22,761,625

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

22,761,625

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

22,761,625

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

31.2%

14

TYPE OF REPORTING PERSON

IN

           

 

 

 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 21 of 23 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

22,761,625

9

SOLE DISPOSITIVE POWER

-0-

10

SHARED DISPOSITIVE POWER

22,761,625

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

22,761,625

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

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

31.2%

14

TYPE OF REPORTING PERSON

IN

           
 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 22 of 23 Pages

This Amendment No. 2 ("Amendment No. 2") amends and supplements the statement on Schedule 13D filed with the Securities and Exchange Commission (the "SEC") on July 21, 2014 (the "Original Schedule 13D"), as amended by Amendment No. 1 thereto ("Amendment No. 1" and the Original Schedule 13D as amended by Amendment No. 1 and this Amendment No. 2, the "Schedule 13D") filed with the SEC on July 23, 2015, 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. 2 amends Item 4 as set forth below.

 

Item 4. PURPOSE OF TRANSACTION
   
  Item 4 of the Schedule 13D is hereby amended and supplemented as follows:
   
 

As disclosed in the Current Report on Form 8-K filed by the Issuer on September 17, 2015, effective on September 16, 2015 William P. Manuel, a Senior Managing Director of Centerbridge Partners, L.P., resigned from the Issuer's Board of Directors (the "Board").

 

The Board, on the recommendation of its Nominating Committee, selected Kevin Mahony, an associate at Centerbridge Partners, L.P., to succeed Mr. Manuel as a Class II director on the Board.

 

 

 
CUSIP No. Y2685T115SCHEDULE 13D/A Page 23 of 23 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: September 17, 2015

 

      CENTERBRIDGE CREDIT PARTNERS, L.P.
       
     

By: Centerbridge Credit Partners

General Partner, L.P., its general partner

      By:  Centerbridge Credit GP Investors, L.L.C., its general partner
         
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      Title:  Authorized Signatory
         
         
      CENTERBRIDGE CREDIT PARTNERS GENERAL PARTNER, L.P.
       
      By:  Centerbridge Credit GP Investors, L.L.C., its general partner
         
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      Title:   Authorized Signatory
         
         
      Centerbridge Credit GP Investors, L.L.C.
       
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      Title:   Authorized Signatory
         
         
      CENTERBRIDGE CREDIT PARTNERS MASTER, L.P.
       
      By:  Centerbridge Credit Partners Offshore General Partner, L.P., its general partner
      By:  Centerbridge Credit Offshore GP Investors, L.L.C., its general partner
         
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      Title:   Authorized Signatory
         
         
 

 

      CENTERBRIDGE CREDIT PARTNERS OFFSHORE GENERAL PARTNER, L.P
       
      By:  Centerbridge Credit Offshore GP Investors, L.L.C., its general partner
         
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      Title:   Authorized Signatory

  

      CENTERBRIDGE CREDIT OFFSHORE GP INVESTORS, L.L.C.
       
       
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      Title:   Authorized Signatory
         
         
      CENTERBRIDGE CAPITAL PARTNERS II (CAYMAN), L.P.
       
     

By: Centerbridge Associates II (Cayman), L.P.,

its general partner

     

By: Centerbridge GP Investors II (Cayman), L.P., its

general partner

      By:  CCP II Cayman GP Ltd., its  general partner
      By:  Centerbridge GP Investors II, LLC, its director
         
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      Title:   Authorized Signatory
         
         
      CENTERBRIDGE CAPITAL PARTNERS SBS II (CAYMAN), L.P.
       
     

By: Centerbridge Associates II (Cayman), L.P.,

its general partner

     

By: Centerbridge GP Investors II (Cayman), L.P., its

general partner

      By:  CCP II Cayman GP Ltd., its  general partner
      By:  Centerbridge GP Investors II, LLC, its  director
         
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      Title:   Authorized Signatory
         
         

 

 

      CENTERBRIDGE ASSOCIATES II (CAYMAN), L.P.
       
     

By: Centerbridge GP Investors II (Cayman), L.P., its

general partner

      By:  CCP II Cayman GP Ltd., its  general partner
      By:  Centerbridge GP Investors II, LLC, its director
         
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      Title:   Authorized Signatory

 

      CENTERBRIDGE GP INVESTORS II (CAYMAN), L.P.
       
     

By: CCP II Cayman GP Ltd., its general partner

By: Centerbridge GP Investors II, LLC, its director

         
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      Title:   Authorized Signatory
         
         
      CCP II CAYMAN GP LTD.
       
      By:  Centerbridge GP Investors II, LLC, its  director
         
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      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: Centerbridge Special GP Investors II (Cayman),

LP, its general partner

      By:  CSCP II Cayman GP Ltd., its general partner
     

By: Centerbridge Special GP Investors II, L.L.C., its

director

         
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      Title:   Authorized Signatory
         
         

 

 

      CENTERBRIDGE SPECIAL CREDIT PARTNERS GENERAL PARTNER II (CAYMAN), L.P.
       
     

By: Centerbridge Special GP Investors II (Cayman),

LP, its general partner

      By:  CSCP II Cayman GP Ltd., its general partner
     

By: Centerbridge Special GP Investors II, L.L.C., its

director

         
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      Title:   Authorized Signatory

  

      CENTERBRIDGE SPECIAL GP INVESTORS II (CAYMAN), L.P.
       
      By:  CSCP II Cayman GP Ltd., its general partner
     

By: Centerbridge Special GP Investors II, L.L.C., its

director

         
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      Title:   Authorized Signatory
         
         
      CSCP II CAYMAN GP LTD.
       
     

By: Centerbridge Special GP Investors II, L.L.C., its

director

         
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      Title:   Authorized Signatory
         
         
      MARK T. GALLOGLY
       
      /s/ Mark T. Gallogly
       
       

 

 

      JEFFREY H. ARONSON
         
     

/s/ Jeffrey H. Aronson

       
       
      CENTERBRIDGE SPECIAL CREDIT PARTNERS II, L.P.
       
     

By: Centerbridge Special Credit Partners

General Partner II, L.P.,

its general partner

     

By: Centerbridge Special GP Investors II, L.L.C., its

general partner

       
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      Title:   Authorized Signatory
       

 

 

     

CENTERBRIDGE SPECIAL CREDIT PARTNERS

GENERAL PARTNER II, L.P

       
      By:  Centerbridge Special GP Investors II, L.L.C., its general partner
         
         
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      Title:   Authorized Signatory
         
         
      CENTERBRIDGE SPECIAL GP INVESTORS II, L.L.C.
         
         
     

/s/ Jeffrey H. Aronson

      Name: Jeffrey H. Aronson
      Title:   Authorized Signatory