X0303 4 2011-05-12 0 0001326200 GENCO SHIPPING & TRADING LTD GNK 0001333786 POLZIN MARK F C/O GENCO SHIPPING & TRADING LIMITED 299 PARK AVENUE, 20TH FLOOR NEW YORK NY 10171 1 0 0 0 Common Stock 2011-05-12 4 A 0 2500 0 A 16700 D The 2,500 shares of common stock of the issuer received in the transaction reported on this form are a grant of restricted stock. The shares will generally vest in full on the earlier of (i) the date of the next annual shareholders meeting of the Company at which directors are elected or (ii) the occurrence of a Change in Control (as defined in the Company's 2005 Equity Incentive Plan). /s/ Mark F. Polzin 2011-05-12