Quintana Maritime Limited (QMAR) President and CEO to Ring the NASDAQ Stock Market Opening Bell


MEDIA ADVISORY, Sept. 27, 2006 (PRIMEZONE) --



 What:
 Stamatis Molaris, President & CEO of Quintana Maritime Limited, will
 preside over the opening bell.

 Where:
 NASDAQ MarketSite - 4 Times Square - 43rd & Broadway - Broadcast Studio

 When:
 Thursday September 28th, 2006 at 9:30 a.m. EDT

 Contacts:
 Nicolas Bornozis
 Outside IR -- Capital Link
 (212) 661-7566
 nbornozis@capitallink.com

 NASDAQ MarketSite:
 Stephanie Lowenthal; 646.441.5220

Feed Information:

The opening bell is available from 9:20 a.m. to 9:35 a.m. on uplink IA6 C band / transponder 24, downlink frequency 4180 horizontal. The feed can also be found on Waterfront fiber 1623. If you have any questions, please contact Stephanie Lowenthal at (646) 441-5220.

Photos:

To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.

About Quintana Maritime Limited (QMAR):

Quintana Maritime is an international provider of dry bulk cargo marine transportation services through the ownership and operation of drybulk vessels. It focuses on larger vessels conducive to the iron ore and steel trades, as well as other bulk commodities (grain etc). The company is one of the largest U.S. listed drybulk companies in terms of tonnage: 27 vessels, with a carrying capacity of 2.3 million deadweight tons (dwt). In May 2006, the company announced the acquisition of 17 vessels, one of the largest in shipping history. It boasts the youngest fleet, with an average age of 4.0 years (industry average is 16 years). It has the longest contract coverage among its peers, extending to 2010 (vessels operating under fixed period contracts with major end users). In May 2006, it completed the largest private placement in shipping raising $191 million. QMAR went public in July 2005; all this has been achieved in less than 17 months. Quintana was formed by affiliates of each of Corbin J. Robertson, Jr. (Chairman of NYSE listed National Resource Partners -- NRP), First Reserve Corporation ("First Reserve"), and American Metals & Coal International, Inc. ("AMCI").


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