SALES AGREEMENT December 6, 2004 CANTOR FITZGERALD & CO. 135 East 57th Street New York, NY 10022 Dear Sirs/Ladies: Excel Maritime Carriers Ltd., a corporation incorporated under the laws of the Republic of Liberia (the "Company"), confirms its...Sales Agreement • December 7th, 2004 • Excel Maritime Carriers LTD • Deep sea foreign transportation of freight • New York
