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| Name of SignificantSubsidiary  | Jurisdiction of Incorporation | Portion      ofOwnership Interest |
|--------------------------------|-------------------------------|-----------------------------------|
| Genco      Beauty Limited      | Marshall      Islands         | 100%                              |
| Genco      Knight Limited      | Marshall      Islands         | 100%                              |
| Genco      Leader Limited      | Marshall      Islands         | 100%                              |
| Genco      Vigour Limited      | Marshall      Islands         | 100%                              |
| Genco      Prosperity Limited  | Marshall      Islands         | 100%                              |
| Genco      Success Limited     | Marshall      Islands         | 100%                              |
| Genco      Carrier Limited     | Marshall      Islands         | 100%                              |
| Genco      Wisdom Limited      | Marshall      Islands         | 100%                              |
| Genco      Marine Limited      | Marshall      Islands         | 100%                              |
| Genco      Progress Limited    | Marshall      Islands         | 100%                              |
| Genco      Sugar Limited       | Marshall      Islands         | 100%                              |
| Genco      Explorer Limited    | Marshall      Islands         | 100%                              |
| Genco      Pioneer Limited     | Marshall      Islands         | 100%                              |
| Genco      Reliance Limited    | Marshall      Islands         | 100%                              |
| Genco      Ship Management LLC | Delaware                      | 100%                              |
| Genco      Muse Limited        | Marshall      Islands         | 100%                              |
| Genco      Acheron Limited     | Marshall      Islands         | 100%                              |
| Genco      Surprise Limited    | Marshall      Islands         | 100%                              |
| Genco      Investments LLC     | Marshall      Islands         | 100%                              |
| Genco      Augustus Limited    | Marshall      Islands         | 100%                              |
| Genco      Tiberius Limited    | Marshall      Islands         | 100%                              |
| Genco      London Limited      | Marshall      Islands         | 100%                              |
| Genco      Titus Limited       | Marshall      Islands         | 100%                              |
| Genco      Constantine Limited | Marshall      Islands         | 100%                              |
| Genco      Hadrian Limited     | Marshall      Islands         | 100%                              |
| Genco      Commodus Limited    | Marshall      Islands         | 100%                              |
| Genco      Maximus Limited     | Marshall      Islands         | 100%                              |
| Genco      Claudius Limited    | Marshall      Islands         | 100%                              |
| Genco      Predator Limited    | Marshall      Islands         | 100%                              |
| Genco      Warrior Limited     | Marshall      Islands         | 100%                              |
| Genco      Hunter Limited      | Marshall      Islands         | 100%                              |
| Genco      Charger Limited     | Marshall      Islands         | 100%                              |
| Genco      Challenger Limited  | Marshall      Islands         | 100%                              |
| Genco      Champion Limited    | Marshall      Islands         | 100%                              |
| Genco      Cavalier            | Marshall      Islands         | 100%                              |
| Genco      Raptor              | Marshall      Islands         | 100%                              |
| Genco      Thunder             | Marshall      Islands         | 100%                              |
| Baltic      Trading Limited    | Marshall      Islands         | 100%                              |