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 OF SECURITIES
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                      	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940	                      	

1. Name and Address of Reporting Person *

Dolphin James G	2. Issuer Name and Ticker or Trading Symbol

GENCO SHIPPING & TRADING LTD [ GNK ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)	
(Last)         (First)         (Middle)

C/O GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR	3. Date of Earliest Transaction (MM/DD/YYYY)

8/25/2021		
(Street)

NEW YORK, NY 10171
(City)       (State)       (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)

 	6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person	

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned	
1.Title of Security
(Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. 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				

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)	
1. Title of Derivate Security
(Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. 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	7. Title and Amount of Securities Underlying Derivative Security
(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					
Restricted Stock Units 	 (1)(2)	8/25/2021 	 	A 	  	2.31 (10) 	  	 (1)	 (1)	Common Stock 	2.31 	$0 	448.99 	D 	 	
Restricted Stock Units 	 (2)(3)	8/25/2021 	 	A 	  	6.65 (10) 	  	 (3)	 (3)	Common Stock 	6.65 	$0 	1293.6 	D 	 	
Restricted Stock Units 	 (2)(4)	8/25/2021 	 	A 	  	95.18 (10) 	  	 (4)	 (4)	Common Stock 	95.18 	$0 	18521.67 	D 	 	
Restricted Stock Units 	 (2)(5)	8/25/2021 	 	A 	  	47.97 (10) 	  	 (5)	 (5)	Common Stock 	47.97 	$0 	9334.19 	D 	 	
Restricted Stock Units 	 (2)(6)	8/25/2021 	 	A 	  	27.16 (10) 	  	 (6)	 (6)	Common Stock 	27.16 	$0 	5285.54 	D 	 	
Restricted Stock Units 	 (2)(7)	8/25/2021 	 	A 	  	56.31 (10) 	  	 (7)	 (7)	Common Stock 	56.31 	$0 	10957.86 	D 	 	
Restricted Stock Units 	 (2)(8)	8/25/2021 	 	A 	  	74.19 (10) 	  	 (8)	 (8)	Common Stock 	74.19 	$0 	14437.97 	D 	 	
Restricted Stock Units 	 (2)(9)	8/25/2021 	 	A 	  	59.04 (10) 	  	 (9)	 (9)	Common Stock 	59.04 	$0 	11488.91 	D 	 	

Explanation of Responses:	
(1) 	These restricted stock units ("RSUs") vested on July 17, 2015.	
(2) 	Each RSU represents the right to receive one share of the issuer's common stock, or in the sole discretion of the issuer's Compensation Committee, the value of a share of common stock on the date that the RSU vests.	
(3) 	These RSUs vested on May 18, 2016.	
(4) 	These RSUs vested on May 17, 2017.	
(5) 	These RSUs vested on May 15, 2018.	
(6) 	These RSUs vested on May 15, 2019.	
(7) 	These RSUs vested on July 15, 2020.	
(8) 	These RSUs vested on May 13, 2021.	
(9) 	These RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the date of the grant and (ii) the date that is fourteen months after the date of the grant.	
(10) 	Represents additional RSUs granted in lieu of the right to receive the amount of cash dividends paid on the common stock underlying the previously outstanding RSUs pursuant to the terms of the governing RSU agreements. The number of additional RSUs is calculated by dividing the amount of the dividend by the closing price per share of the issuer's common stock on the dividend payment date.	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
Dolphin James G
C/O GENCO SHIPPING & TRADING LIMITED
299 PARK AVENUE, 12TH FLOOR
NEW YORK, NY 10171	X				

Signatures		
/s/ James G. Dolphin		8/27/2021	
**Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.	
*	If the form is filed by more than one reporting person, see Instruction 4(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).	
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.	
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