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8-K - 8-K - GENCO SHIPPING & TRADING LTDa11-26663_48k.htm
EX-1.1 - EX-1.1 - GENCO SHIPPING & TRADING LTDa11-26663_4ex1d1.htm

 

Exhibit 99.1

 

Information Relating to Part II, Item 14 — Other Expenses of Issuance and Distribution

 

The following table sets forth the expenses in connection with the sale and distribution of shares of common stock of Genco Shipping & Trading Limited (the “Company”) by the Company pursuant to the Company’s registration statement on Form S-3 (File No. 333-171404), as supplemented by the Company’s prospectus supplement dated February 22, 2012, other than underwriting discounts and commissions. In addition, the Company has granted the underwriters an option to purchase additional shares of common stock in an amount equal to a maximum of 15% of the base number of shares offered, exercisable at any time until 30 days after February 22, 2012.

 

All of the amounts shown except amounts previously paid are estimated.

 

Item

 

Amount

 

SEC Registration Fee*

 

$

3,565

 

NYSE Listing Fee

 

$

40,600

 

Legal Fees and Expenses

 

$

560,000

 

Printing Expenses

 

$

150,000

 

Accounting Fees and Expenses

 

$

70,000

 

Transfer Agent Fees and Expenses

 

$

5,000

 

Blue Sky Fees and Expenses

 

$

5,000

 

 

 

 

 

Total

 

$

834,165

 

 


* On December 23, 2010, the Company filed with the Securities and Exchange Commission (the “Commission”) a shelf registration statement (the “Registration Statement”) on Form S-3, which was amended on May 27, 2011 and  June 3, 2011, in which the Company registered  $500,000,000 of various securities.  The Company paid a total filing fee of $35,650 in connection with the Registration Statement.  The amount set forth represents the amount of the total registration fee properly allocable to the registration of the common stock being sold and distributed pursuant to the Registration Statement.