Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
WOBENSMITH JOHN C
   2. Issuer Name and Ticker or Trading Symbol
GENCO SHIPPING & TRADING LTD [GNK] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
CEO, President and Secretary
(Last)
(First)
(Middle)
C/O GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR		 3. Date of Earliest Transaction (Month/Day/Year)
03/04/2019
(Street)

NEW YORK, NY 10171		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/06/2019   M   6,696 A $ 0 227,054 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) (2) 03/04/2019   A   59,595     (2)   (2) Common Stock 59,595 (1) $ 0 59,595 D  
Option $ 8.39 03/04/2019   A   135,135   03/04/2020(3) 03/04/2025 Common Stock 135,135 $ 0 135,135 D  
Restricted Stock Units (1) (4) 03/06/2019   M     6,696   (4)   (4) Common Stock 6,696 (1) $ 0 13,392 D  
Option $ 13.69             02/27/2019(5) 02/27/2024 Common Stock 65,789   65,789 D  
Restricted Stock Units (1) (6)               (6)   (6) Common Stock 97,466   97,466 D  
Option $ 11.13             10/15/2017(7) 03/23/2023 Common Stock 133,000   133,000 D  
Warrant $ 259.1             08/07/2015(8) 08/07/2020 Common Stock 47,613   476,133 D  
Warrant $ 287.3             08/07/2015(8) 08/07/2020 Common Stock 49,340   493,402 D  
Warrant $ 341.9             08/07/2015(8) 08/07/2020 Common Stock 74,195   741,958 D  
Warrant $ 209.9             07/09/2014 07/09/2021 Common Stock 2,653   26,533 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
WOBENSMITH JOHN C
C/O GENCO SHIPPING & TRADING LIMITED
299 PARK AVENUE, 12TH FLOOR
NEW YORK, NY 10171		       CEO, President and Secretary  

Signatures

 /s/ John C. Wobensmith   03/06/2019
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Each restricted stock unit represents the right to receive one share of the issuer's common stock, or in the sole discretion of the issuer's Compensation Committee, the value of a share of common stock on the date that the restricted stock unit vests.
(2) These restricted stock units generally vest in equal installments on each of the first three anniversaries of March 4, 2019, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
(3) These options generally become exercisable in equal installments on each of the first three anniversaries of March 4, 2019.
(4) These restricted stock units generally vest in equal installments on each of the first three anniversaries of February 27, 2018, subject to postponement of settlement if the vesting occurs during a blackout period or other trading restriction.
(5) These options generally become exercisable in equal installments on each of the first three anniversaries of February 27, 2018.
(6) These restricted stock units generally vest in equal installments on each of the first three anniversaries of October 15, 2016.
(7) These options generally become exercisable in equal installments on each of the first three anniversaries of October 15, 2016.
(8) These warrants became exercisable in equal installments on each of the first three anniversaries of August 7, 2014.

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