PRESS RELEASE

Capital Ship Management Corp. takes delivery of M/V Aristos II

Athens, Greece, January 16, 2011. Capital Ship Management Corp. took successful delivery of the newbuilding vessel M/V Aristos II from Samho Shipyard Ltd. in South Korea, today. The M/V Aristos II is a handy size bulker vessel with a deadweight of 32,400 MT.

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