Capital Link's 5th Annual "Global Commodities, Energy & Freight; Linking Derivatives & Physical Markets" Forum will take place Tuesday, September 17, 2013 at the Metropolitan Club in New York City.

Entering its fifth year, this event remains the only forum of its kind dedicated to commodities, energy, and freight. By focusing on these three strategic areas, which are followed by the same investor and trader universe, Capital Link is able to attract a significantly larger, target audience of industry professionals. Last year's attendance exceeded 500.

FORUM OVERVIEW This Forum features a series of presentations and panels on topics of contemporary interest as well as a review of the trends and developments in key areas such as commodities (iron ore, steel, fertilizers, coal), energy (crude oil and oil products) and the dry bulk, tanker and container freight markets. The Forum discusses the trends and developments in the physical markets of commodities, energy and freight and then how these trends impact the derivatives activity including dry bulk, tanker and container FFAs, trading and clearing, credit and counterparty issues, legal issues, accounting and auditing, the use of derivatives for trading and risk management.. Special focus this year will be on the Dodd Frank Regulatory reforms.

WHO WILL ATTEND The forum will bring together senior decision makers such as: commodity and shipping risk managers, financial analysts, risk advisors, commodity traders, hedge fund managers, shipping fund investors, commercial bankers, ship owners, CEOs, ship operators, ship managers, charterers, shipbrokers, law firms, and financial media -- who are keen on working together to capitalize on this booming global derivatives market in addition to sharing their respective plans for growth and future financing requirements.

FORUM STRUCTURE & PRESENTERS The half day forum is structured into provocative panel discussions, roundtables and presentations by top industry experts followed by a networking cocktail reception.

ROUND TABLE: "DODD FRANK DEBATE" The regulatory updates -- key changes since implementation of Dodd Frank and key deadlines facing commodities firms; what is the current treatment of commodity options? Cross-border issues: US vs. non-US regulations; Swap Dealer registration and execution facilities -- what can we expect? What to expect from CFTC Enforcement Division in policing new swaps regime? etc. Moderator: Mark Allan Smith, Partner, PricewaterhouseCoopers LLP Panelists: Daniel N. Budofsky, Partner, Derivatives & Structured Products - Davis Polk & Wardwell LLP Thomas Sexton III, Senior Vice-President, General Counsel & Secretary - National Futures Association Tom LaSala, Managing Director & Chief Regulatory Officer - CME Group Gary Simpson, Director, Deutsche Bank (NYSE: DB) Michael Loesch, Partner, Norton Rose Fulbright

PANEL: "IRON ORE & STEEL: Physical Markets and Derivatives" The global ferrous marketplace -- a growth opportunity for derivative; The Electrification of iron ore trading -- to expand the access to those unable to trade on the Asian trading platforms due to regulatory and location issues; The Futurization of the iron ore market; Transactional possibilities in the ferrous market Moderator: Kurt Fowler, Business Development Manager - The Steel Index Panelists: Young-Jin Chang, Director Metals Research and Product Development - CME Group Colin Richardson, Managing Editor, Steel Markets Daily - Platts Spencer Johnson, Risk Manager Ferrous Products- INTL-FCStone Inc.

PANEL: "COAL: Physical Markets and Derivatives" Exchange/centrally cleared coal products and benefits; Pacific coal benchmarks; China's role in the supply/demand equilibrium; Commercial end-user exemption from mandatory central clearing/exchange trading of coal swaps Moderator: Michael Sackheim, Partner - Sidley Austin LLP Panelists: Bernie Muich, Director - CME Group Ola Strand Andersen, Managing Director - Marex Spectron Asia Pte Ltd Matt Moore, Senior Coal Trader, Cargill

PRESENTATION: "VOLATILITY IN THR FUEL OIL MARKET" Fuel market volatility with a look at historical spreads between major markets and how arbitrage opportunities, or lack thereof impact spot prices for end users and how we look to manage that. This session will also touch on hedging and fixed forward prices Charley Davies, Vice President Commercial Services - World Fuels Services (NYSE: INT)

PANEL: "THE FUEL OIL MARKET" Moderator: Nick Tavlarios, President - Aegean Marine Petroleum Network (NYSE: ANW) Panelists: Charley Davies, Vice President Commercial Services - World Fuels Services Dana Fraktman, VP Marine Fuel Oil Supply & Trading - Global Companies LLC (NYSE: GLP) John Kingston, Global Director, News - Platts Tammi Welch, VP - LQM Petroleum Services Adrian Tolson, General Manager North America - O.W. Bunker North America Inc.

PRESENTATION: "TRADING, SETTLING & FINANCING DERIVATIVES TRADES" Moderator: Richard Baker, Founding Member - Cleartrade Exchange Panelists: Catherine E. Napolitano, Deputy General Counsel, OTC Derivatives - INTL-FCStone Markets LLC Myles Edwards, Chief Compliance Officer - Constellation Wealth Advisors LLC

PRESENTATION: "DAMAGES: ENHANCED OR ERODED BY HEDGING - WORLDVIEW" Presenter: Brian Perrott, Partner - Holman Fenwick Willan LLP

PANEL: "THE DRY BULK FREIGHT MARKET" Moderator: Brian Houst, Director of Freight - Dome Chartering & Trading Corp. Panelists: Tom Beney, President - Cargill Ocean Transport USA Fred Gordon, SVP Corporate Affairs - Navios Maritime Holdings (NYSE: NM) Peter S. Sandler, Portfolio Manager - Louis Dreyfus Investment Group USA

PANEL: "THE WET FREIGHT MARKET" Why the optimism for clean product tankers; Trends in FFAs - TC 14 volumes; Paradox of Prophecy: Has clean optimism invited too many new entrants Moderator: Mike Reardon, Manager Global Strategy & Freight Trading - Phillips 66 (NYSE: PSX) Panelists: Matt Heinemann, Principle Consultant Trading Chartering - Statoil Marketing & Trading (US) Inc. Richard Arnesen, Global Head of Tankers, Marex Spectron Robert Bugbee, President - Scorpio Tanker (NYSE: STNG) Per Heilmann, Executive Vice President & Chief Risk Officer - Heidmar Inc.

PANEL: "THE CONTAINER MARKET" Moderator: Richard Heath, Director - World Container Index Panelists: Tasos Aslidis, Chief Financial Officer and Treasurer - Euroseas Ltd. (NASDAQ: ESEA) Bill Rooney, Vice President Trans-Pacific Seafreight - Kuehne + Nagel Jean Marie LaMay, Head of Commodity & Freight Solutions - HSH Nordbank AG

ROUND TABLE: ANALYSTS Moderator: Clay Maitland, Managing Partner - International Registries, Inc. Panelists: Douglas Mavrinac, Managing Director, Group Head of the Maritime Equity Research Group - Jefferies & Company, Inc. Urs M.F.E. Dür, Managing Director, Senior Equity Analyst - Clarkson Capital Markets Michael Webber, Senior Analyst - Wells Fargo & Company Ben Nolan, Director Maritime Research - Stifel Financial Corp.

FOR FURTHER INFORMATION: http://forums.capitallink.com/shipping/2013derivatives/index.html Or, please contact Nicolas Bornozis: Derivatives@CapitalLink.com

ORGANIZER - CAPITAL LINK, INC. Capital Link is a New York-based advisory, investor relations, and financial communications firm. Capitalizing on our in-depth knowledge of the shipping industry and capital markets, Capital Link has made a strategic commitment to the industry, becoming the largest provider of investor relations and financial communications services to international shipping companies listed on the U.S. and European Exchanges. Capital Link's headquarters are in New York with a presence in London and Athens. Capital Link is a member of the Baltic Exchange. In addition to the two recognitions from the Intercontinental Finance Magazine, Capital Link won in 2011 a Lloyds List Greek Shipping Award for its contribution to the shipping industry.

Nicolas Bornozis Tel. (212) 661-7566 Email: Derivatives@capitallink.com 230 Park Avenue Suite 1536 New York, NY 10169 Tel.: (212) 661-7566 www.capitallink.com

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