CEOs of DAC, DRYS, EUSEF, EXM, MCX, ONAV, QMAR, TBSI, TNP, to Participate in the "Invest in International Shipping" Forum Friday, March 23, 2007 - New York City

NEW YORK, NY -- (MARKET WIRE) -- January 30, 2007 -- The Capital Link Forum "Invest in International 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.

The objective of the Forum is to provide investors with a comprehensive review and outlook of the various shipping markets right after the companies' annual results. Also, to generate maximum publicity about shipping as an industry and the shipping companies to a wide audience of investors.

The Forum will start at 8:30 am on Friday, March 23, 2007 and is expected to finish by 4:15 pm. 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.

For the first time, each panel will include CEOs of listed shipping companies, charterers 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 participant and to schedule one-on-one meetings with them.

The Forum is organized by Capital Link, a New York-based Investor Relations and Financial Communications Firm, which among other services, specializes in shipping. Capital Link intends to organize this event on an annual basis, at the same time each year. It is organized in cooperation with Fortis Bank, which is the main sponsor of the event, as well as with NASDAQ and the New York Stock Exchange.

The CEOs of Danaos Corporation (NYSE: DAC), DryShips (NASDAQ: DRYS), Excel Maritime Carriers (NYSE: EXM), Euroseas (OTCBB: EUSEF), MC Shipping (AMEX: MCX), Omega Navigation (NASDAQ: ONAV), Quintana Maritime (NASDAQ: QMAR), TBS International (NASDAQ: TBSI), Tsakos Energy Navigation (NYSE: TNP) and other companies will participate in the Forum's panels, which will be moderated by Fortis analysts Dan Barrett and Gregory Lewis. Analysts from Jefferies, JPMorgan and Morgan Keegan will participate in several panels, along with Clarkson Hellas and Mallory, Jones, Lynch, Flynn and Associates (MJLF). Please go to Capital Link's website at www.capitallink.com for the Forum's agenda.

Barron's, Bloomberg, Forbes.com and Institutional Investor are the Shipping Forum's Media Partners.

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

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

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