TBSI Tbs International (MM)

Capital Link, a New York-based Investor Relations and Financial Communications firm with strategic focus on shipping, announced the availability of the transcript of the Dry Bulk Virtual Forum which took place on Thursday, July 22, 2010.

Those interested can request the transcript at no cost from Capital Link either by accessing Capital Link's Shipping website at www.CapitalLinkShipping.com, or by submitting their request by e-mail at webinars@capitallink.com. An audio archive of the Forum is also available on the website under "Events."

Senior Management of the following companies participated in the virtual panel discussion on the dry bulk shipping sector focusing on sector trends, developments and outlook:

• Excel Maritime Carriers (NYSE: EXM), Mr. Babis Mazarakis, COO,
• Paragon Shipping (NYSE: PRGN), Mr. Michael Bodouroglou, CEO,
• Star Bulk Carriers (NASDAQ: SBLK), Mr. Akis Tsirigakis, CEO and
• TBS International (NASDAQ: TBSI), Mr. Joseph Royce, CEO

Mr. Michael Webber, Vice President & Senior Equity Analyst at Wells Fargo Securities, moderated the panel discussion. The Forum was organized by Capital Link.

About Capital Link

Capital Link is a New York-based Investor Relations and Financial Communications firm which, among other activities, maintains strategic focus on international shipping companies listed on US and European Stock Exchanges. Capital Link's headquarters are in New York with a presence in London and Athens. In its effort to enhance the information flow to the investment community and contribute to improving investor knowledge of shipping, Capital Link has undertaken a series of initiatives beyond the traditional scope of its investor relations activity, such as www.CapitalLinkShipping.com, a web-based resource which provides information on the major shipping and stock market indices, as well as on all shipping stocks; a Weekly Capital Link Shipping e-Newsletter; Virtual Sector Forums & Webinars; Capital Link Investor Shipping Forums in New York, Athens and London and www.MaritimeIndices.com, with a series of Maritime Indices developed and maintained by Capital Link which track the performance of U.S. listed shipping stocks (CL maritime Index, CL Dry Bulk Index, CL Tanker Index, CL Container Index, CL LNG/LPG Index, CL Mixed Fleet Index, CL Shipping MLP Index - Bloomberg page: CPLI and Reuters Instrument Code: 0#CAPLNK).

Contact: Nicolas Bornozis President Capital Link, Inc. 230 Park Avenue - Suite 1536 New York, N.Y. 10169 Tel. (212) 661-7566 Fax (212) 661-7526 E-mail: webinars@capitallink.com www.capitallink.com www.capitallinkshipping.com