Oceanfreight Inc. Announces its Availability of 2010 Annual Report on Form 20-F
News Release
OceanFreight, Inc.
April 15, 2011
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<P align=left>April 15, 2011</B></FONT><FONT face="Times New Roman">, Athens,
Greece. OceanFreight Inc. (NASDAQ: OCNF), a global provider of</P>
<P align=left>marine transportation services, today announced that its Annual
Report on Form 20-F for the</P>
<P align=left>year ended December 31, 2010 has been filed with the Securities
and Exchange Commission.</P>
<P align=left>The Annual Report may also be accessed through the OceanFreight
website</P></FONT><FONT color=#0000ff face="Times New Roman"><FONT color=#0000ff
face="Times New Roman">
<P align=left>www.oceanfreightinc.com </FONT></FONT><FONT
face="Times New Roman">under Annual Reports.</P>
<P align=left>Shareholders may also request a hard copy of Form 20-F, free of
charge, by contacting Capital</P></FONT><FONT face="Times New Roman">
<P>Link Inc., the Company’s investor relations advisor, using the contact
details provided below.</P></FONT></DIV></BODY></HTML>
<HTML><HEAD><TITLE></TITLE>
<META content="text/html; charset=unicode" http-equiv=Content-Type>
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<DIV><B><FONT face="Times New Roman">
<P align=left>April 15, 2011</B></FONT><FONT face="Times New Roman">, Athens,
Greece. OceanFreight Inc. (NASDAQ: OCNF), a global provider of</P>
<P align=left>marine transportation services, today announced that its Annual
Report on Form 20-F for the</P>
<P align=left>year ended December 31, 2010 has been filed with the Securities
and Exchange Commission.</P>
<P align=left>The Annual Report may also be accessed through the OceanFreight
website</P></FONT><FONT color=#0000ff face="Times New Roman"><FONT color=#0000ff
face="Times New Roman">
<P align=left>www.oceanfreightinc.com </FONT></FONT><FONT
face="Times New Roman">under Annual Reports.</P>
<P align=left>Shareholders may also request a hard copy of Form 20-F, free of
charge, by contacting Capital</P></FONT><FONT face="Times New Roman">
<P>Link Inc., the Company’s investor relations advisor, using the contact
details provided below.</P></FONT></DIV></BODY></HTML>