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GENCO SHIPPING & TRADING LTD and Navios Maritime Partners L.P.

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GENCO SHIPPING & TRADING LTD

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of drybulk cargoes worldwide. The company owns and operates dry bulk vessels to transports iron ore, grains, coal, steel products, and other drybulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York.

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Navios Maritime Partners L.P.

Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. It offers seaborne transportation services for a range of liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as charters its vessels under short, medium, and longer-term charters. The company fleet consists of 69 dry bulk vessels, 49 containerships, and 56 tanker vessels, that includes 18 newbuilding tankers. Navios Maritime Partners L.P. was founded in 2007 and is based in Piraeus, Greece.

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