Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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
OMB APPROVAL
OMB Number: 3235-0104
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
  Centerbridge Special Credit Partners II, L.P.
 2. Date of Event Requiring Statement (Month/Day/Year)
07/17/2015		 3. Issuer Name and Ticker or Trading Symbol
GENCO SHIPPING & TRADING LTD [GNKSF]
(Last)
(First)
(Middle)
375 PARK AVENUE, 12TH FLOOR, 		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

NEW YORK, NY 10152		 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 Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 529,777
D (1) (2) (3)
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Centerbridge Special Credit Partners II, L.P.
375 PARK AVENUE, 12TH FLOOR
NEW YORK, NY 10152		     X    
Centerbridge Special Credit Partners General Partner II, L.P.
375 PARK AVENUE, 12TH FLOOR
12TH FLOOR
NEW YORK, NY 10152		     X    
Centerbridge Special GP Investors II, L.L.C.
375 PARK AVENUE, 12TH FLOOR
NEW YORK, NY 10152		     X    

Signatures

Centerbridge Special Credit Partners II, L.P., By: Centerbridge Special Credit Partners General Partner II, L.P., its general partner, By: Centerbridge Special GP Investors II, L.L.C., its general partner, By: /s/ Jeffrey H. Aronson, Authorized Signatory 07/27/2015
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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) These shares of Common Stock are held by Centerbridge Special Credit Partners II, L.P. ("Special Credit Partners II").
(2) Centerbridge Special GP Investors II, L.L.C. ("CS GP Investors II") is the general partner of Centerbridge Special Credit Partners General Partner II, L.P. ("SC GP II", and collectively with Special Credit Partners II and CS GP Investors II, the "Reporting Persons" and each, a "Reporting Person"), which, in turn, is the general partner of Special Credit Partners II, and, as such CS GP Investors II and SC GP II may be deemed to beneficially own the securities held by Special Credit Partners II. Messrs. Mark T. Gallogly and Jeffrey H. Aronson are the managing members of CS GP Investors II, and as such may be deemed to beneficially own the securities held by Special Credit Partners II. Messrs. Gallogly and Aronson have filed a Form 4 with respect to the shares reported herein. (Continued in footnote 3)
(3) 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 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.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.