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Baltic Trading Limited, together with its subsidiaries, engages in the shipping business in the drybulk industry spot market worldwide. The company operates a fleet of drybulk ships that transport iron ore, coal, grain, steel products, and other dry bulk cargoes. As of March 2, 2015, its fleet consisted of four Capesize, two Ultramax, four Supramax, and five Handysize vessels with an aggregate capacity of approximately 1,221,000 deadweight tons. The company charters its vessels to trading houses, including commodities traders, as well as producers and government-owned entities. Baltic Trading Limited was founded in 2009 and is based in New York, New York. As of July 17, 2015, Baltic Trading Limited operates as a subsidiary of Genco Shipping & Trading Limited
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