0000929638-11-000180 SC 13G/A 1 20110214 20110214 REMY TRAFELET TRAFELET & COMPANY, LLC Baltic Trading Ltd 0001474042 4412 000000000 1T 1231 SC 13G/A 34 005-85382 11609263 299 PARK AVENUE, 20TH FLOOR NEW YORK NY 10171 646-443-8550 299 PARK AVENUE, 20TH FLOOR NEW YORK NY 10171 TRAFELET CAPITAL MANAGEMENT, L.P. 0001387672 000000000 SC 13G/A 590 MADISON AVENUE 39TH FLOOR NEW YORK NY 10022 212-201-7800 590 MADISON AVENUE 39TH FLOOR NEW YORK NY 10022 SC 13G/A 1 trafelet_13gabaltic.htm SCHEDULE 13G AMENDMENT - BALTIC TRADING LIMITED