B+H Ocean Carriers Ltd. Files 2008 Annual Report

NEW YORK--(Business Wire)--
B+H Ocean Carriers Ltd. (NYSE Alternext: BHO) announced it had today filed its
2008 Annual Report on Form 20-F with the United States Securities and Exchange
Commission. The report is available for download on the company`s website,
www.bhocean.com. Any shareholder may receive a hard copy of the company`s
complete Annual Report, which includes the Company`s complete 2008 audited
financial statements, upon request.

About the Company

B+H Ocean Carriers Ltd., is a worldwide trading shipowning company with a
diversified fleet of thirteen vessels. These include four MR Product/Chemical
tankers, one Panamax Product Tanker, two Drybulk carriers, five Product-suitable
Panamax combination carriers capable of transporting both wet and dry bulk
cargoes, and a 50% interest in an additional combination carrier. Additionally,
the Company is building a 400 Passenger Accommodation Field Development Vessel
for support work in offshore oilfields to be completed in late March/early
April, 2010.

B+H Ocean Carriers Ltd.
John M. LeFrere, +1 917-225-2800
investorrelations@bhcousa.com

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