Sec Form 4 Filing - CCP II Cayman GP Ltd. @ GENCO SHIPPING & TRADING LTD - 2022-08-09

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 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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1. Name and Address of Reporting Person CCP II Cayman GP Ltd. 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 X __ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) 375 PARK AVE, 11TH FLOOR 3. Date of Earliest Transaction (MM/DD/YY) 08/09/2022 (Street) NEW YORK, NY10152 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) _____ Form filed by One Reporting Person __ X __ 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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, par value $0.01 per share ("Common Stock") 08/09/2022 S 24,818 D $ 17.505 4,207,781 I See footnotes( 1 )( 3 )( 4 )( 5 ) Common Stock 08/10/2022 S 1,069,173 D $ 17.5 3,138,608 I See footnotes( 1 )( 3 )( 4 )( 5 ) Common Stock 08/09/2022 S 182 D $ 17.505 30,802 I See footnotes( 2 )( 3 )( 4 )( 5 ) Common Stock 08/10/2022 S 7,827 D $ 17.5 22,975 I See footnotes( 2 )( 3 )( 4 )( 5 )

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other CCP II Cayman GP Ltd. 375 PARK AVE, 11TH FLOOR NEW YORK, NY10152 X Centerbridge Capital Partners II (Cayman), L.P. 375 PARK AVE, 11TH FLOOR NEW YORK, NY10152 X Centerbridge Capital Partners SBS II (Cayman), L.P. 375 PARK AVE, 11TH FLOOR NEW YORK, NY10152 X Centerbridge Associates II (Cayman), L.P. 375 PARK AVE, 11TH FLOOR NEW YORK, NY10152 X Aronson Jeffrey 375 PARK AVENUE, 11TH FLOOR NEW YORK, NY10152 X Signatures Centerbridge Capital Partners II (Cayman), L.P., By: Centerbridge Associates II (Cayman), L.P., its general partner, By: CCP II Cayman GP Ltd., its general partner, By: /s/ Susanne V. Clark, Authorized Signatory 08/11/2022 Signature of Reporting Person Date Centerbridge Capital Partners SBS II (Cayman), L.P., By: CCP II Cayman GP Ltd., its general partner, By: /s/ Susanne V. Clark, Authorized Signatory 08/11/2022 Signature of Reporting Person Date Centerbridge Associates II (Cayman), L.P., By: CCP II Cayman GP Ltd., its general partner, By: /s/ Susanne V. Clark, Authorized Signatory 08/11/2022 Signature of Reporting Person Date CCP II Cayman GP Ltd., By: /s/ Susanne V. Clark, Authorized Signatory 08/11/2022 Signature of Reporting Person Date s/ Jeffrey H. Aronson 08/11/2022 Signature of Reporting Person Date

Explanation of Responses:

( 1 )These securities are held by Centerbridge Capital Partners II (Cayman), L.P. ("Capital Partners II"). ( 2 )These securities are held by Centerbridge Capital Partners SBS II (Cayman), L.P. ("Capital Partners SBS II" and, together with Capital Partners II, the "Centerbridge Funds"). ( 3 )Centerbridge Associates II (Cayman), L.P. ("CA II Cayman") is the general partner of Capital Partners II, and as such, it may be deemed to beneficially own the securities held by Capital Partners II. CCP II Cayman GP Ltd. ("CCP II Cayman Ltd.") is the general partner of each of CA II Cayman and Capital Partners SBS II, and as such, it may be deemed to beneficially own the securities held by Capital Partners II and Capital Partners SBS II. Jeffrey H. Aronson ("Mr. Aronson"), indirectly, through various intermediate entities controls each of the Centerbridge Funds, and, as such, Mr. Aronson may be deemed to beneficially own the securities held by the Centerbridge Funds. ( 4 )For purposes of this filing, "Reporting Persons" means, as applicable, Capital Partners II, Capital Partners SBS II, CA II Cayman, CCP II Cayman Ltd. and Mr. Aronson. ( 5 )The filing of this statement by the Reporting Persons shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, such Reporting Persons are the beneficial owners of the securities reported herein and each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein for purposes of Section 16 of the Securities Act, except to the extent of such Reporting Person's pecuniary interest therein.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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