OceanFreight (OCNF) Chief Executive Officer to Ring the NASDAQ Stock Market Opening Bell


ADVISORY, June 19, 2007 (PRIME NEWSWIRE) --



 What:  
 Robert Cowen, CEO of OceanFreight (OCNF), will preside over the 
 opening bell.

 Where:
 NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio

 When: 
 Wednesday, June 20, 2007 at 9:30 a.m. ET

 Contacts:
 James Christodoulou
 (917) 882-0862
 james@christodoulou.net
 
 NASDAQ MarketSite:
 Jolene Libretto; 646.441.5220; mobile - 347.219.9539
 Jolene.Libretto@NASDAQ.com

Feed Information:

The opening bell is available from 9:20 a.m. to 9:35 a.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Jolene Libretto at (646) 441-5220.

Radio Feed:

An audio transmission of the opening bell is also available from 9:20 a.m. to 9:35 a.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can be found on Waterfront fiber 1623 as well.

Webcast:

A live webcast of the NASDAQ Closing Bell will be available at: http://www.nasdaq.com/reference/marketsite_about.stm.

Photos:

To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.

About OceanFreight (OCNF):

OceanFreight Inc., based in Athens, Greece, was formed in 2006 to acquire an initial fleet of one Capesize and six Panamax bulk carriers. Upon delivery, all seven vessels will be employed on long term time charters to a diverse group of quality charterers. OceanFreight successful completed its initial public offering on April 25 and has commenced operations with the delivery of its first three Panamax bulkers in early June. The balance of the initial fleet is expected to be delivered by August of this year. OceanFreight's common shares trade on the NASDAQ Global Market under the symbol "OCNF".