OceanFreight, Inc. (NASDAQ: OCNF) was incorporated in 2006 to acquire high quality secondhand vessels and deploy them on medium and long term charters.

The Company began operations with the delivery of its first vessel in June 2007 and currently owns and operates a fleet of eleven vessels, consisting of one Capesize drybulk carrier, eight Panamax drybulk carriers, one Suezmax tanker and one Aframax tanker with a total carrying capacity of 978,889 dwt.

OceanFreight provides exposure to a variety of shipping sectors. Its strategy is to pursue long term employment for its vessels with first class charterers, thereby generating visible and predictable cash flows.

For more information please visit our website: www.oceanfreightinc.com.