AGREEMENT OF JOINT FILING (GENCO SHIPPING & TRADING LIMITED)

Exhibit 1

AGREEMENT OF JOINT FILING

(GENCO SHIPPING & TRADING LIMITED)

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned hereby confirm the agreement by and among them to the joint filing on behalf of them of the Statement on Schedule 13D and any and all further amendments thereto, with respect to the securities of the above referenced issuer, and that this Agreement be included as an Exhibit to such filing.  This Agreement may be executed in any number of counterparts each of which shall be deemed to be an original and all of which together shall be deemed to constitute one and the same Agreement.

IN WITNESS WHEREOF, the undersigned hereby execute this Agreement as of February 26, 2016.

	APOLLO CENTRE STREET PARTNERSHIP, L.P.
	By:	Apollo Centre Street Advisors (APO DC), L.P.
		its general partner
		By:	Apollo Centre Street Advisors (APO DC-GP), LLC
			its general partner
			By:	/s/ Xxxxxx X. Xxxxx
				Xxxxxx X. Xxxxx
				Vice President
	APOLLO CENTRE STREET MANAGEMENT, LLC
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President
	APOLLO FRANKLIN PARTNERSHIP, L.P.
	By:	Apollo Franklin Advisors (APO DC), L.P.
		its general partner
		By:	Apollo Franklin Advisors (APO DC-GP), LLC
			its general partner
			By:	/s/ Xxxxxx X. Xxxxx
				Xxxxxx X. Xxxxx
				Vice President

1

	APOLLO FRANKLIN MANAGEMENT, LLC
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President
	APOLLO CREDIT OPPORTUNITY TRADING FUND III LP
	By:	Apollo Credit Opportunity Fund III LP
		its general partner
		By:	Apollo Credit Opportunity Advisors III (APO FC) LP
			its general partner
			By:	Apollo Credit Opportunity Advisors III (APO FC) GP LLC
				its general partner
				By:	/s/ Xxxxxx X. Xxxxx
					Xxxxxx X. Xxxxx
					Vice President
	APOLLO CREDIT OPPORTUNITY FUND III LP
	By:	Apollo Credit Opportunity Advisors III (APO FC) LP
		its general partner
		By:	Apollo Credit Opportunity Advisors III (APO FC) GP LLC
			its general partner
			By:	/s/ Xxxxxx X. Xxxxx
				Xxxxxx X. Xxxxx
				Vice President
	APOLLO CREDIT OPPORTUNITY FUND (OFFSHORE) III LP
	By:	Apollo Credit Opportunity Advisors III (APO FC) LP
		its general partner
		By:	Apollo Credit Opportunity Advisors III (APO FC) GP LLC
			its general partner
			By:	/s/ Xxxxxx X. Xxxxx
				Xxxxxx X. Xxxxx
				Vice President

2

	APOLLO CREDIT OPPORTUNITY MANAGEMENT III LLC
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President
	AEC (LUX) S.Á.X.X.
	By:	Apollo European Credit Management, L.P.
		its investment manager
		By:	Apollo European Credit Management, LLC
			its general partner
			By:	/s/ Xxxxxx X. Xxxxx
				Xxxxxx X. Xxxxx
				Vice President
	APOLLO EUROPEAN CREDIT MANAGEMENT, L.P.
	By:	Apollo European Credit Management, LLC
		its general partner
		By:	/s/ Xxxxxx X. Xxxxx
			Xxxxxx X. Xxxxx
			Vice President
	APOLLO EUROPEAN CREDIT MANAGEMENT, LLC
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President
	AES (LUX) S.Á.X.X.
	By:	Apollo European Strategic Management, L.P.
		its investment manager
		By:	Apollo European Strategic Management, LLC
			its general partner
			By:	/s/ Xxxxxx X. Xxxxx
				Xxxxxx X. Xxxxx
				Vice President

3

	APOLLO EUROPEAN STRATEGIC MANAGEMENT, L.P.
	By:	Apollo European Strategic Management, LLC
		its general partner
		By:	/s/ Xxxxxx X. Xxxxx
			Xxxxxx X. Xxxxx
			Vice President
	APOLLO EUROPEAN STRATEGIC MANAGEMENT, LLC
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President
	APOLLO SPECIAL OPPORTUNITIES  MANAGED ACCOUNT, L.P.
	By:	Apollo SOMA Advisors, L.P.
		its general partner
		By:	Apollo SOMA Capital Management, LLC
			its general partner
			By:	/s/ Xxxxxx X. Xxxxx
				Xxxxxx X. Xxxxx
				Vice President
	APOLLO SOMA ADVISORS, L.P.
	By:	Apollo SOMA Capital Management, LLC
		its general partner
		By:	/s/ Xxxxxx X. Xxxxx
			Xxxxxx X. Xxxxx
			Vice President
	APOLLO SOMA CAPITAL MANAGEMENT, LLC
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President

4

	APOLLO PRINCIPAL HOLDINGS II, L.P.
	By:	Apollo Principal Holdings II GP, LLC
		its general partner
		By:	/s/ Xxxxxx X. Xxxxx
			Xxxxxx X. Xxxxx
			Vice President
	APOLLO PRINCIPAL HOLDINGS II GP, LLC
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President
	APOLLO SVF MANAGEMENT, L.P.
	By:	Apollo SVF Management GP, LLC
		its general partner
		By:	/s/ Xxxxxx X. Xxxxx
			Xxxxxx X. Xxxxx
			Vice President
	APOLLO SVF MANAGEMENT GP, LLC
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President
	ANS U.S. HOLDINGS LTD.
	By:	Apollo SK Strategic Investments, L.P.
		its sole member-manager
		By:	Apollo SK Strategic Advisors GP, L.P.
			its general partner
			By:	Apollo SK Strategic Advisors, LLC
				By:	/s/ Xxxxxx X. Xxxxx
					Xxxxxx X. Xxxxx
					Vice President

5

	APOLLO SK STRATEGIC INVESTMENTS, L.P.
	By:	Apollo SK Strategic Advisors, L.P.
		its general partner
		By:	Apollo SK Strategic Advisors, LLC
			its general partner
			By:	/s/ Xxxxxx X. Xxxxx
				Xxxxxx X. Xxxxx
				Vice President
	APOLLO SK STRATEGIC MANAGEMENT, LLC
	By:	Apollo Capital Management, L.P.
		its sole member
		By:	/s/ Xxxxxx X. Xxxxx
			Xxxxxx X. Xxxxx
			Vice President
	APOLLO ZEUS STRATEGIC INVESTMENTS, L.P.
	By:	Apollo Zeus Strategic Advisors, L.P.
		its general partner
		By:	Apollo Zeus Strategic Advisors, LLC
			its general partner
			By:	/s/ Xxxxxx X. Xxxxx
				Xxxxxx X. Xxxxx
				Vice President
	APOLLO ZEUS STRATEGIC MANAGEMENT, LLC
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President
	APOLLO CAPITAL MANAGEMENT, L.P.
	By:	Apollo Capital Management GP, LLC
		its general partner
		By:	/s/ Xxxxxx X. Xxxxx
			Xxxxxx X. Xxxxx
			Vice President

6

	APOLLO CAPITAL MANAGEMENT GP, LLC
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President
	APOLLO MANAGEMENT HOLDINGS, L.P.
	By:	Apollo Management Holdings GP, LLC
		its general partner
		By:	/s/ Xxxxxx X. Xxxxx
			Xxxxxx X. Xxxxx
			Vice President
	APOLLO MANAGEMENT HOLDINGS GP, LLC
	By:	/s/ Xxxxxx X. Xxxxx
		Xxxxxx X. Xxxxx
		Vice President

7