SEC Contract Filing

Filing Date: 2016-11-04

Document Content:
<DOCUMENT>
<TYPE>EX-10.26
<SEQUENCE>20
<FILENAME>gnk-20160930ex1026e7f77.htm
<DESCRIPTION>EX-10.26
<TEXT>
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 <font style="display:inline;font-weight:bold;font-size:10pt;">Exhibit 10.26</font>
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 <font style="display:inline;font-size:10pt;">&nbsp;</font>
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 <p style="margin:0pt;line-height:100%;text-align:center;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
 <font style="display:inline;font-weight:bold;font-size:10pt;">ABN AMRO Capital USA LLC</font>
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 <font style="display:inline;font-weight:bold;font-size:10pt;">100 Park Avenue</font>
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 <font style="display:inline;font-weight:bold;font-size:10pt;">17</font><font style="display:inline;font-weight:bold;font-size:10pt;font-size:5pt;top:-4pt;position:relative;line-height:100%">th</font><font style="display:inline;font-weight:bold;font-size:10pt;"> Floor </font>
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 <font style="display:inline;font-weight:bold;font-size:10pt;">New York</font>
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 <font style="display:inline;font-weight:bold;font-size:10pt;">NY 10017, USA</font>
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 <font style="display:inline;font-size:10pt;">&nbsp;</font>
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 <font style="display:inline;font-size:10pt;">To:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Baltic </font><font style="display:inline;color:#000000;font-size:10pt;">Wasp </font><font style="display:inline;font-size:10pt;">Limited</font>
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 <p style="margin:0pt 0pt 0pt 36pt;line-height:100%;text-indent: -30pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
 <font style="display:inline;font-size:10pt;">&nbsp;</font>
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 <p style="margin:0pt 0pt 0pt 36pt;line-height:100%;text-indent: -36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
 <font style="display:inline;font-size:10pt;">Copy:&nbsp;&nbsp;&nbsp;&nbsp;</font><font style="display:inline;color:#000000;font-size:10pt;">Genco Shipping &amp; Trading Limited</font>
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 <p style="margin:0pt;line-height:100%;text-indent:36pt;color:#000000;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
 <font style="display:inline;color:#000000;font-size:10pt;">Baltic Trading Limited</font>
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 <p style="margin:0pt;line-height:100%;text-indent:36pt;text-align:justify;text-justify:inter-ideograph;font-family:Times New Roman,Times,serif;font-size: 10pt;">
 <font style="display:inline;color:#000000;font-size:10pt;">Baltic </font><font style="display:inline;font-size:10pt;">Hornet </font><font style="display:inline;color:#000000;font-size:10pt;">Limited</font>
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 <font style="display:inline;font-size:10pt;">&nbsp;</font>
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 <font style="display:inline;font-size:10pt;">13 October 2016</font>
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 <font style="display:inline;font-size:10pt;">Dear Sirs</font>
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 <font style="display:inline;font-weight:bold;color:#000000;font-size:10pt;">Secured loan agreement dated </font><font style="display:inline;font-weight:bold;font-size:10pt;">8 October 2014</font><font style="display:inline;font-weight:bold;color:#000000;font-size:10pt;"> &nbsp;(</font><font style="display:inline;font-weight:bold;font-size:10pt;">as amended and supplemented by a first supplemental agreement dated 14 July 2015 and a further supplemental letter dated 31 December 2015, </font><font style="display:inline;font-weight:bold;color:#000000;font-size:10pt;">the "Loan Agreement") ma