Crude Carriers Corp. Chairman and CEO to Ring the Opening Bell at the New York Stock Exchange Today

ATHENS, GREECE--(Marketwire - March 17, 2010) -  Crude Carriers Corp. (NYSE: CRU), a tanker company focusing on the maritime transportation of crude oil cargoes, announced today that the Company's Chairman & Chief Executive Officer, Mr. Evangelos Marinakis, members of its senior management team and certain business associates will ring the Opening Bell at the New York Stock Exchange on Wednesday, March 17, 2010, in celebration of the Company's initial public offering which took place on March 12, 2010.

About Crude Carriers Corp.

Crude Carriers Corp. (NYSE: CRU) is a newly formed Marshall Islands corporation focusing on the maritime transportation of crude oil cargoes. The company's common shares trade on The New York Stock Exchange under the symbol "CRU".

Contact Information:

For further information please contact:

Company contacts:

Ioannis Lazaridis, President
+30 (210) 4584 950
i.lazaridis@crudecarrierscorp.com

Jerry Kalogiratos, CFO
+30 (210) 4584 950
j.kalogiratos@crudecarrierscorp.com

Investor Relations / Media:

Nicolas Bornozis, President
Capital Link, Inc.
230 Park Avenue - Suite 1536
New York, NY 10160, USA
Tel: (212) 661-7566
Fax: (212) 661-7526
E-mail: crudecarriers@capitallink.com

www.capitallink.com