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Aries Maritime Transport Ltd

Aries Maritime Announces Completion of Review of Strategic Alternatives

announced it has concluded its review of strategic alternatives that the Company initiated in March of 2008.

Mons S. Bolin, President and Chief Executive Officer, commented, "After careful consideration, the Board of Directors has concluded its review of various strategic alternatives and decided that is in the best interests of our shareholders to continue to execute the Company's operating plan. Management remains focused on renewing and repositioning our fleet and maintaining our period charter approach in support of the Company's long-term objectives."

Aries also announced...

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