Source: Capital Link

Dry Bulk Shipping: The Engine of Global Trade

NEW YORK, NY -- (MARKET WIRE) -- November 1, 2006 -- The CEOs of DryShips (NASDAQ: DRYS), Excel Maritime Carriers (NYSE: EXM), Quintana Maritime (NASDAQ: QMAR) and TBS International (NASDAQ: TBSI), along with several industry analysts, are featured in a report on the dry bulk sector which was prepared by Capital Link and was printed as a Sponsored Report in Barron's on October 30, 2006.

The report provides an overview of the role and importance of dry bulk shipping in global trade, discusses the evolution of freight rates, as well as the balance between demand and supply and the factors that affect it. Also, the report discusses the valuation characteristics of the dry bulk sector and its comparison with other transportation sectors.

To access this report in its entirety, please click on the link below, or copy and paste it in your computer's browser.

http://www.capitallink.com/press/BarronsArticleOct192006.pdf

The report can be accessed on the website of each company, at www.dryships.com, www.excelmaritime.com, www.quintanamaritime.com and www.tbsship.com.

Also, on the website of Capital Link at www.capitallink.com/shipping.

Capital Link is a New York-based Investor Relations and Financial Communications firm specializing, among other, in shipping. Capital Link works with several listed companies including DryShips, Excel Maritime, Quintana Maritime and TBS International

Contact Information: CONTACT: Investor Relations / Media: Nicolas Bornozis Capital Link, Inc. (New York) Tel. 212-661-7566 E-mail: nbornozis@capitallink.com