Management of Navios Maritime Holdings, Seanergy Maritime Holdings, Star Bulk Carriers and TBS International; to Discuss on Developments of the Dry Bulk Shipping Sector on Friday, June 12, 2009 at 11:00 am EDT (4:00 pm London, 5:00 pm Paris, 6:00 pm Athens); Access Only Through a Live Audio Webcast at www.CapitalLinkWebinars.com

NEW YORK, NY -- (Marketwire) -- 06/08/09 -- Senior Management of

--  Navios Maritime Holdings (NYSE: NM), Mr. Ted Petrone, President,
    Navios Corporation
--  Seanergy Maritime Holdings (NASDAQ: SHIP), Mr. Dale Ploughman, CEO
--  Star Bulk Carriers Corp. (NASDAQ: SBLK), Mr. Akis Tsirigakis, CEO and
--  TBS International (NASDAQ: TBSI), Mr. Joseph Royce, CEO
--  will participate in a Webinar Panel discussion on the dry bulk
    shipping sector on Friday, June 12, 2009 at 11:00 am EDT (4:00 pm London,
    5:00 pm Paris, 6:00 pm Athens).
    

The discussion will be moderated by Mr. Scott Burk, CFA, Executive Director Equity Research, Oppenheimer & Co.

The Dry Bulk Forum is organized by Capital Link, a New York-based Investor Relations and Financial Communications firm with strategic focus on shipping.

ACCESS TO THE DISCUSSION

The panel discussion can be accessed only through a live audio webcast at www.CapitalLinkWebinars.com or at Capital Link's Shipping Website www.CapitalLinkShipping.com.

Participants to the live webcast should register on the website approximately ten minutes prior to the start of the webcast. Please go to the above indicated websites to register and access the event.

After the event, the panel discussion will remain archived and accessible through the same websites indicated above.

PANEL STRUCTURE

The focus of the discussion (and the Q&A) will be only on sector trends and fundamentals, and not on company specifics or company recommendations. The discussion will cover four topics: demand, supply, freight rates and asset values, valuations, focusing on current trends and the sector's outlook.

QUESTIONS FROM PARTICIPANTS

Participants can submit questions to the panelists prior to or during the event through the special feature on the event page, or they can email them to us at questions@CapitalLinkWebinars.com.

TRANSCRIPT

A transcript of the panel discussion will be publicly available at no cost within approximately 48 hours after the event and those interested can request it when they register for the event or afterwards through the event page at websites indicated.

About Dry Bulk Shipping

International shipping plays a vital role in global trade given that 2/3 of the world's goods are transported by sea. The shipping industry provides a cost effective and practical means of transportation internationally of large volumes of cargoes.

The dry bulk carrier market refers to the transportation of homogeneous commodities in bulk. Dry bulk commodities are divided into two distinct categories, major bulks and minor bulks. Major bulks include iron ore, coal and grain, which are usually shipped on the larger size Capesize, Kamsarmax and Panamax vessels and comprise about 67% of dry bulk trade.