(e) Shareholder Approval for the Amendment and Restatement of the
Genco Shipping Trading Limited 2015 Equity Incentive Plan

On May 17, 2017, at the 2015 Annual Meeting of Shareholders (the
Annual Meeting) of Genco Shipping Trading Limited (Genco or the
Company), our shareholders approved the increase in the number of
shares of our common stock available for awards under the Genco
Shipping Trading Limited 2015 Equity Incentive Plan by 2,350,000
shares to 2,750,000 shares. The increase was embodied (subject to
shareholder approval) in an amendment and restatement of such
plan that was approved by our Board of Directors on March 23,
2017. Our named executive officers may participate in our 2015
Equity Incentive Plan. For a description of our 2015 Equity
Incentive Plan, please see Proposal No. 2 in our proxy statement
for the Annual Meeting filed with the Securities and Exchange
Commission on April 24, 2017 (the Proxy Statement), which
description is incorporated herein by reference. Such description
is qualified in its entirety by reference to the full text of the
2015 Equity Incentive Plan, a copy of which is set forth as Annex
A to the Proxy Statement.

Item 5.07

Submission of Matters to a Vote of Security Holders.

At the Annual Meeting, shareholders of record as of March 20,
2017, the Record Date for the Annual Meeting, were entitled to
vote 34,416,305 shares of the Companys common stock (the Common
Stock), each having one vote per share. A total of 31,282,310
shares of Common Stock (90.89% of all such shares entitled to
vote at the Annual Meeting) were represented at the Annual
Meeting in person or by proxy.

At the Annual Meeting, the shareholders of the Company (i)
elected nine director nominees to hold office until the earlier
of the 2018 Annual Meeting of Shareholders of the Company or
until their successors are elected and qualified or until their
earlier resignation or removal, (ii) approved the increase in the
number of shares of our common stock available for awards under
our 2015 Equity Incentive Plan by 2,350,000 shares to 2,750,000
shares under an amendment and restatement of such plan, and (iii)
ratified the appointment of Deloitte Touche LLP as the Companys
independent certified public accountants for the fiscal year
ending December 31, 2017. Set forth below are the final voting
results for each of the proposals submitted to a vote of the
shareholders.

Election of Directors

The shareholders of the Company elected each of the director
nominees proposed by the Board. The voting results were as
follows:

Amendment and Restatement of 2015 Equity Incentive Plan

The shareholders of the Company approved the increase in the
number of shares of common stock available for awards under our
2015 Equity Incentive Plan by 2,350,000 shares to 2,750,000
shares under an amendment and restatement of such plan.

Ratification of Appointment of Independent Certified Public
Accountants

The shareholders of the Company ratified the appointment of
Deloitte Touche LLP as the Companys independent certified public
accountants for the fiscal year ended December 31, 2017. The
voting results were as follows: