Genco Shipping & Trading Limited On April 13, 2023, Apostolos Zafolias, the Corporation's Executive Vice President, Finance informed the Corporation that he intends to depart from his roles at the Corporation in the near future to pursue an opportunity outside the maritime industry. Under the anticipated terms of his separation arrangement, Mr. Zafolias is expected to serve in his current roles at Genco through June 15, 2023 and then as a consultant through December 31, 2023 to assist with an orderly transition.