NEWS*

* Press release sources are Capital Ship Management Corp. and Capital-Executive Ship Management Corp.,

which Capital Crewing Ltd exclusively represents as their manning agent in Russia.


Capital Ship Management Corp. takes delivery of VLCC Vessel M/T Achilleas

Athens, Greece, June 25, 2010. Capital Ship Management Corp. took successful delivery today of the M/T Achilleas, on behalf of Crude Carriers Corp. The M/T Achilleas is a very large crude carrier (VLCC) with a deadweight of 297,863 MT, built by Universal Shipbuilding Corporation at the Ariake Shipyard in Japan.
Capital Ship Management Corp. provides ship management services to NYSE listed Crude Carriers Corp.

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Capital Ship Management Corp. takes delivery of VLCC Vessel M/T Atlantas

Athens, Greece, June 1, 2010. Capital Ship Management Corp. took today successful delivery of the newbuilding vessel M/T Atlantas from Daewoo Shipbuilding & Marine Engineering Co., Ltd. in South Korea . The M/T Atlantas is a very large crude carrier (VLCC) tanker vessel with a deadweight of 321,300 MT, built by Daewoo Shipbuilding & Marine Engineering Co., Ltd. in South Korea.

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M/V Apostolos II Evades Pirate Attack in the Indian Ocean

Athens, Greece, May 12, 2010. Our vessel was attacked by pirates while in passage from Lake Charles, LA (USA) to Fujairah, via the Cape, loaded with 31,500 MT of bagged rice. The attack commenced on 10.05.2010 at 05:03 UTC at 00 02 00 N – 65 00 E and lasted for over two hours. Shots were fired while there were multiple attempts to board the vessel.

Due to the heroic actions of the master and his crew, the vessel was able to take the appropriate evasive actions and prevent the pirates to board. After unsuccessfully trying to board for over two hours, the...

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Capital Ship Management Corp. takes delivery of Suezmax Vessel M/T Amoureux

Athens, Greece, May 10, 2010. Capital Ship Management Corp. took successful delivery today of the M/T Tango to be renamed M/T Amoureux, on behalf of Crude Carriers Corp. The M/T Amoureux is a Suezmax crude oil tanker vessel with a deadweight of 150,393 MT, built in 2008 by Universal Shipbuilding Corporation at the Ariake Shipyard in Japan.

Capital Ship Management Corp. provides ship management services to NYSE listed Crude Carriers Corp.

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Capital Ship Management Corp. takes delivery of VLCC Alexander the Great

Athens, Greece, March 29, 2010. Capital Ship Management Corp. took successful delivery of the M/T Alexander the Great, on behalf of Crude Carriers Corp. on Friday, March 26. The M/T Alexander the Great is a very large crude carrier (VLCC) with a deadweight of 297,958 MT, built by Universal Shipbuilding Corporation at the Ariake Shipyard in Japan. The M/T Achilleas, a sister newbuilding VLCC currently under construction at Universal Shipbuilding Corporation in Japan, is expected to be delivered at the end of June 2010.
Capital Ship Management Corp. provides ship

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Capital Ship Management Corp. voted 'Tanker Company of the Year' at the 2009 Lloyd's List Greek Shipping Awards

Capital Ship Management Corp. voted 'Tanker Company of the Year' at the 2009 Lloyd's List Greek Shipping Awards

Athens, Greece, December 8, 2009 - Capital Ship Management Corp. was selected as "Tanker Company of the Year 2009" at the annual Lloyd’s List Greek Shipping Awards that took place in Athens on December 4, 2009. The company, which manages a fleet of 27 vessels, implemented new quality standards throughout its operations during 2009, as well as business continuity management principles, and received the Lloyd's Register certification for its Integrated Management System, both contributing factors to its winning this award.

Capital Ship Management Corp. was

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Capital Ship Management Corp. is awarded ISO and OHSAS certification

Capital Ship Management Corp. is awarded ISO and OHSAS certification

Athens, Greece, March 8, 2009 - Capital Ship Management Corp. was recently awarded the ISO 9001, ISO 14001 and OHSAS 18001 certificates and also received one of the first approvals worldwide acknowledging its successful implementation of an "Integrated Management System Certification" by the Lloyd's Register Group. Furthermore, Capital Ship Management Corp. became the first shipping company that will adopt the "Business Continuity Management" principles in cooperation with Lloyd’s Register Group.

The successful certification process for Capital Ship

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