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<ACCESSION-NUMBER>0000922423-11-000310
<TYPE>8-K/A
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<PERIOD>20110512
<ITEMS>5.07
<FILING-DATE>20110728
<DATE-OF-FILING-DATE-CHANGE>20110728
<FILER>
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<CONFORMED-NAME>Baltic Trading Ltd
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<STATE-OF-INCORPORATION>1T
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<FORM-TYPE>8-K/A
<ACT>34
<FILE-NUMBER>001-34648
<FILM-NUMBER>11993950
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<BUSINESS-ADDRESS>
<STREET1>299 PARK AVENUE, 20TH FLOOR
<CITY>NEW YORK
<STATE>NY
<ZIP>10171
<PHONE>646-443-8550
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<STREET1>299 PARK AVENUE, 20TH FLOOR
<CITY>NEW YORK
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<TYPE>8-K/A
<SEQUENCE>1
<FILENAME>kl07013.htm
<DESCRIPTION>CURRENT REPORT
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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">(Amendment No. 1)</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">This Current Report on Form 8-K/A (the &#8220;Amendment&#8221;) updates information disclosed in a Current Report on Form 8-K filed on May 18, 2011 (the &#8220;Original Form 8-K&#8221;) relating to the Baltic Trading Limited (&#8220;Baltic Trading&#8221;) 2011 Annual Meeting of Shareholders held on May 12, 2011 (the &#8220;Annual Meeting&#8221;). The sole purpose of this Amendment is to disclose Baltic Trading&#8217;s decision regarding how frequently it will conduct future advisory votes on executive compensation.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">As previously reported in the Original Form 8-K, at the Annual Meeting, an advisory vote was conducted on the frequency of future advisory votes on executive compensation.&#160;&#160;A majority of the votes cast were in favor of holding such advisory votes every three years.&#160;&#160;Baltic Trading&#8217;s Board of Directors considered the outcome of this advisory vote at a meeting held on July 25, 2011 and determined that Baltic Trading will hold an advisory vote on executive compensation every three years, as the Board of Directors had recommended in the proxy statement for the Annual Meeting.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 54pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, Baltic Trading Limited has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 432pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">BALTIC TRADING LIMITED</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 432pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">DATE:&#160;&#160;July 28, 2011</font></div>

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<div style="DISPLAY: block; MARGIN-LEFT: 432pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="TEXT-DECORATION: underline"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">/s/ </font></font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">John C. Wobensmith&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></font></font></div>

<div style="DISPLAY: block; MARGIN-LEFT: 432pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt; TEXT-ALIGN: left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">John C. Wobensmith</font></font></font></div>

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