MCX MC Shipping

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 singapore@mcshipping.com 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.