SOURCE: Capital Link, Inc.

November 05, 2007 14:03 ET

CEOs of Eagle Bulk, Euroseas, Tsakos Energy and Seanergy Maritime Panelists on "The Global Shipping Markets Today" at the Capital Link Forum

Friday, November 9, 2007, at 10:15 a.m. Pierre Hotel, 2 East 61st Street, New York City, Corner of Fifth Avenue

NEW YORK, NY--(Marketwire - November 5, 2007) - The CEOs of

--  Eagle Bulk Shipping (NASDAQ: EGLE), Mr. Sophocles Zoullas,
--  Euroseas (NASDAQ: ESEA) Mr. Aristidis Pittas,
--  Seanergy Maritime (AMEX: SRG), Mr. Panagiotis Zafet
--  Tsakos Energy Navigation (NYSE: TNP), Mr. Nikolas Tsakos
    

will participate in a special Panel on the "The Global Shipping Markets Today" discussing the developments and trends in the various segments of the international shipping markets.

Nikolas Tsakos, the CEO of Tsakos Energy Navigation (NYSE: TNP), will make a presentation at 10:15 a.m. on "Greek Shipping a Global Force," presenting Greece's leadership in the global shipping markets, while Mr. Harris Antoniou, Managing Director Global Shipping Group, of Fortis Bank, will make a brief introduction on the Global Shipping Markets today.

This will be followed by a panel discussion among the four CEOs, moderated by Mr. Harris Antoniou of Fortis Bank, discussing the developments and trends in the various segments of the international shipping markets.

An archive with an audio webcast of these presentations will be available as of Wednesday, November 14 on www.capitallinkshipping.com

Eagle Bulk Shipping Inc., headquartered in New York City, is a leading global owner of Supramax dry bulk vessels with a current fleet of 18 vessels and 31 additional vessels on the way including its recent acquisition. Euroseas Ltd., with a family tradition of almost 140 years in shipping, operates in the dry cargo, drybulk and container shipping markets and has a fleet of 15 vessels including 5 drybulk carriers, 9 container ships and 1 multipurpose vessel. Tsakos Energy Navigation is a leading global owner and operator in the tanker sector with a balanced diverse proforma fleet of 51 vessels, including crude oil transporters, product carriers and one LNG carrier. Seanergy Maritime Corp. is a newly organized blank check company formed for the purpose of acquiring, through a merger, capital stock exchange, asset acquisition or other similar business combination, an unidentified operating business in the maritime shipping industry. In September 2007, it raised about $ 245.4 million through its initial public and a private placement.

9th Annual Capital Link Forum on Investing in Greece

The above presentations and panel discussion will take place within the context of the "9th Annual Capital Link Forum on Investing in Greece." The Minister of Economy and Finance of Greece, Mr. George Alogoskoufis, other top government officials, the Chairman of the Athens Exchange Mr. Spyros Capralos and the CEOs of major Greek corporations will present to American investors the progress, developments and potential of the Greek economy, capital markets and companies. The event is organized every year by Capital Link under the auspices of the Ministry of Economy and Finance of Greece in cooperation with the New York Stock Exchange and with the support of major global investment banks, this year of Sal Oppenheim, Citigroup, Morgan Stanley and UBS. Mrs. Zoe Cruz, President of Morgan Stanley, will address the audience with brief remarks and will introduce Minister Alogoskoufis during the luncheon.

Greek Shipping a Global Force

Greece, a country of about 11 million people, controls by far the biggest share -- nearly 20% -- of the world's merchant fleet by tonnage and has a long tradition as a maritime nation. Greek shipowners who compete on a global scale have a track record as astute operators and asset traders. Shipping is a significant contributor to the Greek economy mainly through the foreign currency inflows.

Greek shipping has now successfully become a key participant in the U.S. capital markets. Since 2005, the majority of U.S. listings in shipping have been by Greek owned or managed shipping companies. Especially since this year, shipping has become a mainstream investment for American portfolios with thousands of institutional and individual shareholders.

Companies presenting at the Forum:

The Forum includes presentations by the country's top government officials for economic policy and investments, the Chairman of the Athens Exchange, as well as corporate leaders, including those of Hellenic Telecommunications (NYSE: OTE), Hellenic Petroleum, OPAP, Postal Savings Bank, Bank of Attica, Proton Bank, ALAPIS, Lamda Development and many others.

Participation Information:

To participate in the Forum, please contact Capital Link at (212) 661-7566, go to www.capitallink.com, or email greekforum@capitallink.com

About Capital Link:

Capital Link is a New York based Investor Relations and Financial Communications firm with a strategic focus on shipping, US Closed-End Funds and ETFs and on assisting international companies to access US investors.

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