Capital Maritime & Trading Corp. Chief Executive Officer Mr. Evangelos Marinakis Voted “Greek Shipping Newsmaker Of The Year” At The 2014 Lloyd’s List Greek Shipping Awards

Athens, Greece - December 10, 2014 - Capital Ship Management Corp. announced that Mr. Evangelos Marinakis, the Chief Executive Officer of Capital Maritime & Trading Corp. who is also Chairman of the Board of Directors of Capital Product Partners L.P., , was selected as Lloyd’s List’s "Greek Shipping Newsmaker of the Year” for 2014.

Mr. Marinakis was commended for completing a major round of tanker and containership investments, strengthening Capital Product Partners, introducing IMO sustainable shipping principles to  Capital Ship Management Corp., and entering into politics as a councilman for Piraeus, aiming to promote the city as an international shipping center and cruise hub.

The award was presented at the annual “Lloyd’s List Greek Shipping Awards” ceremony at the Intercontinental Hotel in Athens, Greece on December 5, 2014. It is the second time that Mr. Marinakis received this distinction since 2010.

Nigel Lowry from Lloyd’s List commented: “The Newsmaker of the Year Award is decided by Lloyd’s List, not by the panel of judges. There were a number of good candidates, but Evangelos Marinakis came top in our view for ticking so many boxes. He has made news this year both in and out of shipping. He has inked more than $1.1bn of shipping investments since 2013 and this year strengthened Nasdaq-listed Capital Product Partners with more containerships and tankers, whilst putting in place a pipeline for further growth. Capital Ship Management became one of the very first companies accredited against the IMO’s sustainable shipping principles, and it launched a joint project with LR and Daewoo to examine using LNG as a fuel. Beyond shipping, Mr. Marinakis has somehow found time to get into politics as a councilman and together with new mayor Yannis Moralis he has pledged to promote Piraeus as an international business center and a cruise hub.”