CEOs of 10 Listed Companies Panelists at "The Invest in Shipping Forum"; Friday, March 23, 2007 -- New York City; Investor Registration Below

NEW YORK, NY -- (MARKET WIRE) -- March 20, 2007 -- The Capital Link Forum "Invest in Shipping" will take place on Friday, March 23, 2007 at the Metropolitan Club in New York City located at 1 East 60th Street -- corner of Fifth Avenue. It is organized by Capital Link, a New York-based Investor Relations and Financial Communications Firm specializing in shipping, in cooperation with Fortis Bank, which is the main sponsor of the event, as well as with NASDAQ and the New York Stock Exchange.

Date:

The Forum will start at 8:30 am on Friday, March 23, 2007 and is expected to finish around 3:30 pm.

Venue:

The Metropolitan Club in New York City located at 1 East 60th Street -- corner of Fifth Avenue.

Forum Format:

There will be four panels in total, on Containers, Gas (LNG/LPG), Tankers (Crude Oil and Products) and Dry Bulk with each panel lasting around one hour. The Forum will start at 8:30 am on Friday, March 23, 2007 and is expected to finish around 3:30 pm.

Each panel will include CEOs of listed shipping companies, analysts and shipbrokers. The panels will focus on industry trends rather than individual company characteristics as the objective is to present the point of view of key participants in each shipping sector.

The Forum's attendees will have the opportunity to address their questions to each panel participants and to schedule one-on-one meetings with them.

Panel Participants and Presenters:

The panels will include the CEOs of

--  Arlington Tankers (NYSE: ATB), Arthur Regan,
--  Danaos Corporation (NYSE: DAC), John Coustas,
--  DryShips (NASDAQ: DRYS), George Economou,
--  Excel Maritime Carriers (NYSE: EXM), Christopher Georgakis
--  Euroseas (NASDAQ: ESEA), Aristides Pittas,
--  MC Shipping (AMEX: MCX), Tony Crawford,
--  Omega Navigation (NASDAQ: ONAV), George Kassiotis,
--  Quintana Maritime (NASDAQ: QMAR), Stamatis Molaris,
--  TBS International (NASDAQ: TBSI), Joseph Royce,
--  Tsakos Energy Navigation (NYSE: TNP), Nikolas Tsakos
--  and other companies.
    

The panels will be moderated by Fortis analyst Gregory Lewis. Analysts from Jefferies, Lazard Capital, JPMorgan and Morgan Keegan will participate in several panels, along with shipbrokers Clarkson Hellas, Howe Robinson Hamburg Lorentzen & Stemoco and Mallory, Jones, Lynch, Flynn and Associates (MJLF).

Jeremy Penn, the Chief Executive of The Baltic Exchange, will make a presentation on the Exchange and its role in shipping, while Anthony Argyropoulos, Managing Director, Cantor Fitzgerald, will make an introductory presentation on "Shipping in a New Era" and Andrew Garcia, Director, Maxim Group, on "Investing Through Blank Check Companies."

Guy Verberne, The Head of Economic Research - Fortis Merchant Banking, will be the Keynote Speaker at lunch on the topic of "Shipping and The Global Economy Today."

Please go to Capital Link's website at www.capitallink.com for the Forum's agenda.

Supporting Sponsors:

Oppenheimer & Co., Inc., Bear Wagner Specialists, Maxim Group, Atlantic Bank of New York, and Orrick, Herrington & Sutcliffe LLP are the Forum's Supporting Sponsors.

Media Partners:

Barron's, Bloomberg, Forbes.com, Institutional Investor, Tanker Operator, TradeWinds, Insider and ELNAVI are the Shipping Forum's Media Partners.

Target Audience:

The Forum's target audience includes institutional investors and analysts; financial media; financial advisors and financial planners; registered representatives and brokers. The event is open to the whole sell side brokerage community.

Registration and One-on-One meetings:

For more information on the Forum and to register and to request one-on-one meetings with the participating companies, please go to Capital Link's website at www.capitallink.com or email shipping@capitallink.com

                              FORUM AGENDA
                     INVEST IN INTERNATIONAL SHIPPING
                          Friday, March 23, 2007

8:00 - 8:30 AM   Registration & Coffee
8:30 - 8:35 AM   Welcome Remarks, Nicolas Bornozis, President Capital Link
8:35 - 8:45 AM   Introductory Remarks: Shipping in a New Era
                 Anthony Argyropoulos, Managing Director, Cantor Fitzgerald
8:45 - 9:45 AM   Containers
                 Moderated by Gregory Lewis, Shipping Analyst,
                  Fortis Securities
                 Danaos Corporation, John Coustas, CEO
                 Euroseas, Aristides Pittas, CEO
                 Lazard Capital Markets, Urs Dur, Vice President,
                  Equity Research
                 Howe Robinson Hamburg, Nick Bailey, Director
9:45 - 10:00 AM  Investing through Blank Check Companies
                 Andrew Garcia, Analyst, Maxim Group
10:00 - 10:30 AM Gas (LNG / LPG)
                 Moderated by Michael Drickamer, V.P, Equity Research,
                  Morgan Keegan
                 MC Shipping, Tony Crawford, CEO
                 Lorentzen & Stemoco, Thor Erik Lie, Partner & Director,
                  Gas Department
10:45 - 11:00 AM The Baltic Exchange, Jeremy Penn, Chief Executive
11:00 - 12:15 PM Tankers (Products & Crude)
                 Moderated by Gregory Lewis, Shipping Analyst,
                  Fortis Securities
                 Arlington Tankers, Arthur Regan, President & Co-CEO
                 Omega Navigation, George Kassiotis, CEO
                 Tsakos Energy Navigation, Nikolas Tsakos, CEO
                 JPMorgan, Jonathan Chappell, V.P., Transportation Analyst
                 Mallory, Jones, Lynch, Flynn & Associates,
                  John Stichter, Partner
12:30 - 1:45 PM  Guy Verberne, Head of Economic Research - Fortis Merchant
                  Banking
Lunch            Shipping and The Global Economy Today
2:00 - 3:15 PM   Dry Bulk
                 Moderated by Gregory Lewis, Shipping Analyst, Fortis
                  Securities
                 DryShips, George Economou, CEO
                 Excel Maritime, Christopher Georgakis, CEO
                 Quintana Maritime, Stamatis Molaris, CEO
                 TBS International, Joe Royce, CEO
                 Jefferies & Company, Douglas Mavrinac, Maritime Group Head
                 Clarkson Hellas - George Margaronis, Managing Director

Contact Information: For more information, please contact: Nicolas Bornozis President Capital Link, Inc. Tel. (212) 661-7566 E-mail: nbornozis@capitallink.com www.capitallink.com