CEOs of DryShips, Excel Maritime, Quintana Maritime and TBS International to Participate in Dry Bulk Sector Conference Call on Thursday, January 18, 2007, 11:00 a.m. EST

NEW YORK, NY -- (MARKET WIRE) -- January 11, 2007 -- The executives of DryShips (NASDAQ: DRYS) -- George Economou, Excel Maritime Carriers (NYSE: EXM) -- Christopher Georgakis, Quintana Maritime (NASDAQ: QMAR) -- Stamatis Molaris and TBS International (NASDAQ: TBSI) -- Joseph E. Royce will participate in a conference call to discuss the developments, prospects and outlook of the dry bulk sector.

The discussion will be moderated by Charlotte Crosswell, Head of NASDAQ International, and Isabella Schidrich, Director for Western Europe, NASDAQ International. At the end of the virtual roundtable discussion, investors will be able to address their own questions to the participating CEOs. The whole event is expected to last for about one hour.

The conference call and roundtable discussion will take place on Thursday, January 18, 2007 at 11:00 a.m. EST.

The CEO Virtual Forum is organized by Capital Link, an international investor relations firm focusing on the shipping sector, in cooperation with NASDAQ.

Investors can access the conference call and the Forum discussion by dialing the following toll free numbers:

Conference Call details:

Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1866 819 7111 (from the US), 0800 953 0329 (from the UK) or +44 1452 542 301 (from outside the US). Please quote "DryBulk Forum."

In case of any problem with the above numbers, please dial 1866 869 2352 (from the US), 0800 694 1449 (from the UK) or +44 1452 560 304 (from outside the US). Quote "DryBulk Forum."

A telephonic replay of the conference call will be available until Thursday, January 25, 2007 by dialing 1866 247 4222 (from the US), 0800 953 1533 (from the UK) or +44 1452 550 000 (from outside the US). Access Code: 2133051#

Webcast details:

A live -- and then archived -- audio webcast of the Forum can be accessed at the website of Capital Link at http://www.capitallin kforum.com/shipping/2007/ or at the website of each participating company, www.dryships.com, www.excelmaritime.com, www.quintanamaritime.com and www.tbsship.com.

Investors are urged to log into the conference call or the webcast 10 minutes in advance of the scheduled commencement time of 11:00 a.m. EST, January 18, 2007.

Transcript:

A transcript of the Forum discussion will be freely available within 48 hours from the date of the call. Investors can access and download the transcript at any of the above mentioned websites. They can also request that the transcript be e-mailed to them by registering on line at www.capitallink.com.

Contact Information: For further information on the Forum and the participating companies please call: Nicolas Bornozis President Capital Link, Inc. - New York Tel. 212-661-7566 E-Mail: nbornozis@capitallink.com