On April 2, 2023, Genco Shipping & Trading Limited announced Jesper Christensen was appointed as the Company's Chief Commercial Officer. These consolidated departments will report directly to him in his new role. Mr. Christensen, age 36, previously served as the Company's Vice President, Head of Chartering since June 2021.

From March 2017 until his appointment as Vice President, Head of Chartering, he served as the Company's Vice President and Commercial Director, Minor Bulk Fleet, responsible for the global chartering activities of the Company's minor bulk fleet. Mr. Christensen has over 16 years of experience in the shipping industry with a focus on commercial management in the dry cargo sector. Prior to joining the Company, Mr. Christensen served as Director, Head of Chartering Stamford at Clipper Bulk Shipping Ltd. Mr. Christensen has a Graduate Diploma in Business Administration (Organization and Management) from Copenhagen Business School and completed the shipping education program at the Maritime University of Denmark.