Use of Web Site . The information provided on this site is for general informational and educational purposes. Your access to and use of the information contained in the web site is subject to this Terms of Use Agreement. By accessing and using this web site, you accept, without limitation or qualification, this Terms of Use Agreement. If you do not agree to the Terms of Use Agreement, do not use the site or download any materials from it. When we use the terms “we,” “us” or “our company” we mean Excel Maritime Carriers, Ltd. and all of its subsidiaries.

We may revise these Terms at any time by updating this posting. You should visit this page from time to time to review the then-current Terms because they are binding on you. Certain provisions of these Terms may be superseded by expressly designated legal notices or terms located on particular pages at this site.

Trademarks. Our trademarks may be used publicly with our permission only. Fair use of our trademarks in advertising and promotion of our company requires proper acknowledgement.

Materials on this site. Materials on this site are copyrighted and are protected by worldwide copyright laws and treaty provisions. They may not be copied, reproduced, modified, published, uploaded, posted, transmitted, or distributed in any way, without our prior written permission. Except as expressly provided herein, we do not grant any express or implied right to you under any patents, copyrights, trademarks, or trade secret information. Other rights may be granted to you by us in writing or incorporated elsewhere in the materials on this site.

No warranty or liability. THE MATERIALS ON THIS SITE ARE PROVIDED "AS IS" WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL WE BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE THE MATERIALS, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THIS LIMITATION INCLUDES DAMAGES TO, OR FOR ANY VIRUSES THAT INFECT, YOUR COMPUTER EQUIPMENT. BECAUSE SOME JURISDICTIONS PROHIBIT THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, THE ABOVE LIMITATION MAY NOT APPLY TO YOU. We further do not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. We may make changes to these materials at any time without notice. We make no commitment to update the materials on this site.

Links. Any linked sites are not under our control and we are not responsible for the content of any linked site or any link contained in a linked site. We reserve the right to terminate any link or linking program at any time. We do not endorse companies or products to which this site may link and reserve the right to note as such on our web pages. If you decide to access any of the third party sites linked to this site, you do this entirely at your own risk.

Forward Looking Statements . This web site may contain forward looking statements that are subject to risks and uncertainties that might cause actual results to differ from those foreseen, including risks detailed in our annual reports filed with the Securities and Exchange Commission (the "SEC”).

Financial Information.

The financial information that may be accessed from this page speaks only as of the particular date or dates included in those documents. The information in the selected document may have become out of date. We do not undertake an obligation, and disclaim any duty, to update any of the information in those documents. Our future financial performance is subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect the company's future financial results are discussed more fully in our reports filed with the SEC.