MC Shipping Announces Opening of Singapore Office

  
    
  
  
    
      MC Shipping Inc. (AMEX: MCX) announced today the opening of its newly 
      established office in Singapore, which will be headed by the Company’s 
      local Managing Director, Mark Jewell.
    
    
      Mark brings with him nearly 20 years of experience in the Asian shipping 
      market working in Hong Kong, Philippines and Singapore. His most recent 
      position since 1997 was the Managing Director of V.Ships (Commercial) 
      Pte Ltd.
    
    
      The Singapore office will assist the Company in developing relationships 
      with its existing customers in Asia and establishing new relationships 
      for the group in the traditional ship owning as well as ship operating 
      and services sectors.
    
    The new office contact details are:

MC Shipping Pte Ltd
78, Shenton Way,
#19-01 Lippo Centre
Singapore 079120
Tel: +65 - 6423 1045
Fax:+65 - 6423 1945
Email [e-mail]
    
      ABOUT MC SHIPPING INC.
    
    
      MC Shipping Inc. is an international shipping company focused on 
      maritime transportation of liquefied petroleum gas (LPG), with 
      headquarters in Monaco and offices in London and Singapore. MC Shipping 
      fully or partially owns and operates a fleet of 19 vessels, and has 
      contracted to purchase 4 others that serve the world’s 
      major oil, gas shipping and trading companies.
    
    
      FORWARD-LOOKING STATEMENTS
    
    
      Except for the historical information contained herein, the matters 
      discussed in this press release could contain “forward-looking 
      statements” that are based on current 
      expectations and assumptions that involve risks and uncertainties, which 
      could cause actual results to differ materially from those predicted. MC 
      Shipping Inc. undertakes no obligation to update any forward-looking 
      statement to conform to actual results or changes in the Company’s 
      expectations, whether as a result of new information, future events, or 
      otherwise.