Baltic Trading Commences Common Stock Offering

Baltic Trading

today announced that it has commenced a public offering of common stock.   Baltic Trading intends to use the net proceeds from the offering for future vessel acquisitions or, to the extent it does not so use them, for working capital and general corporate purposes.  Jefferies LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering. Baltic Trading has filed a registration statement (including a prospectus and related preliminary prospectus supplement for the common stock offering) with the U.S. Securities and Exchange Commission (the "SEC") for the offering to which this communication relates. Before you invest, you should read the preliminary prospectus supplement and the accompanying prospectus for more complete information about Baltic Trading and the offering. You may obtain copies of these documents for free on the SEC's website at www.sec.gov.  Alternatively, copies may be obtained from Jefferies LLC, Attention: Prospectus Department, 520 Madison Avenue, 12th Floor, New York, NY 10022 (or by email to Prospectus_Department@Jefferies.com) or Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attn: Prospectus Department (or by email: prospectus@morganstanley.com). This press release does