0 million was basic charter hire and $2.
The Company 's activities in the 51-day period ended December 31, 2004
generated cash available for distribution to shareholders in the amount of
$6.

Listing of shipping (maritime) related associations and organisations - government and non-government - aroud the world.

cabotage nrg

39 per common share. Arlington's fleet consists of six double-hulled
vessels and is one of the youngest tanker fleets in the world, with an average
vessel age of approximately 1.

charterers heavylift

The estimated
revenues in the prospectus did not include any additional charter hire for
these four vessels.
The Company expects to announce its next dividend on April 25, 2005 and to pay
that dividend on or about May 10, 2005. Regan
President and Chief Executive Officer
441-292-4456

heavylift negotiates

The dividend paid to
shareholders in January 2005 represented a 44% increase over the estimated
distribution in the initial public offering prospectus.
During this same period, the Company's total cash and accrued expenses
were $3.
In addition to the fixed rate basic charter hire, each of the vessels has
the possibility of receiving additional charter hire from the time charterers
through profit sharing arrangements. The Company was incorporated in Bermuda in September
2004. All statements in this press
release that are not statements of historical fact are forward-looking
statements.

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For more
information about the Port of Valencia , please visit us at
www. The Company was formed to acquire these vessels from
Stena and Concordia , who remain shareholders in the Company. These
statements are intended as "forward-looking statements " within the meaning of
the United States federal securities laws.

1756 lts

The integration with the Port Authority of Valencia represents another
milestone for the GTN Portal, noted John Urban, GT Nexus president.
Founded in 1998, the company provides integrated technology that enables
enterprises and their partners to control, optimize and manage the flow of
goods and information through a single Web platform, from order point to
final delivery, anywhere around the globe.

Business Update
All of the Company's vessels are currently trading on five-year time
charter contracts . This increase in ton-miles is an
important component of tanker utilization.

shipbuilding lts

GT Nexus has integrated with the Port's new digital platform for
e-commerce, ValenciaportPCS.net, which is a strategic technology project
undertaken by the Port to provide logistics service companies with new
tools and online processes to streamline transactions with shipping lines,
leading to better service for their clients. "As the
portal continues to gain adoption from more and more participants in the
global trade community, the value of this as an industry utility providing
shared technology and a common integration platform will continue to
increase.
The Company is releasing unaudited financial information for this period
in advance of the release of its fiscal 2004 financial results, to describe
for shareholders the sources of cash for the Company's previously declared
dividend of $0.0 million , equivalent to $0. Additional charter hire is not
guaranteed and tanker freight rates are extremely volatile.

720 lts

The calculation of additional hire is
based on whether the vessels are employed by the time charterers in the spot
voyage market or under another time charter.
The additional charter hire received during November and December 2004 was
significant for the four vessels that the time charterers employed on the spot
voyage market. The fleet consists of two V-MAX
tankers, which are specially designed very large crude carriers, two Panamax
tankers and two Product tankers.

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PRESS RELEASE Port of Valencia Goes Live With GT Nexus

GT Nexus
technology also powers GTN -- the world 's leading portal for the ocean
transportation industry.com

The trend that tankers generally
will transport cargoes resulting from this increase in demand over greater
waterborne distances (ton-miles) between producing areas and consuming areas
than in the past is expected to continue .

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net users with
access to multiple shipping lines through one platform, and uniform,
automated processing of key business transactions, including:

-- Bookings: Allows forwarders and shippers (demanders of maritime
transport) to make requests of the shipping lines (suppliers of maritime
transport) for reservations of space on container cargo ships. The vessels are chartered to subsidiaries of Stena AB and
Concordia Maritime AB.

Arlington Tankers undertakes no obligation to publicly update or revise
any forward-looking statements contained in this press release, whether as a
result of new information, future events or otherwise, except as required by
law.

arbitrators maritimt

"

Port of Valencia

ABOUT GT NEXUS -- GT Nexus is the leading provider of hosted, on-demand
software and services for global logistics and supply chain execution.5 million, of which $7. These four vessels benefited from the exceptionally high
tanker spot voyage rates during November and December 2004.5 years.

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Aznar. Each charter contract provides for fixed rate basic charter hire
during the operating period.

isu consolidations

According to Rafael Aznar, Chairman of the Port Authority, industry
platforms such as GT Nexus have brought improvement to the maritime sector
by integrating the shipping companies' information systems, unifying the
communication and information flows between shipping companies and their
clients.
-- Shipping Instructions: Enables forwarders and shippers (demanders of
maritime transport) to provide the shipping lines (suppliers of maritime
transport) with information about the goods and items to be transported,
enabling efficient generation of the bill of lading and preparation of the
manifest. Every participant receives benefit. For more about Alameda,
California-based GT Nexus , visit us at www. ValenciaportPCS. For the 51-day period from
November 10, 2004 through December 31, 2004, the Company had total revenues of
$9. The Company believes that tanker
voyage freight rates in 2005 should continue to benefit from the forecasted
continued increase in global oil demand . The Company believes that international
regulations requiring the phased retirement of older single hull vessels will
continue to benefit double hull vessels.

commitments maritimt

net is a technologically advanced platform that
continues to develop innovative solutions for its users.39 per common share, which was paid on January 31, 2005.5 million
was additional charter hire.

heavylift seafarers

GT Nexus announced today
that the Port Authority of Valencia, Spain has gone live with the GTN
Portal to provide integrated electronic shipment transaction services for
Spain's shippers, agents and freight forwarders. Backed by a consortium of global shipping lines
based in Europe, Asia and the Americas, GTN represents some 50% of the
worldwide market for containerized cargo.valenciaport. HAMILTON, Bermuda, Arlington Tankers Ltd
(NYSE: ATB) today announced unaudited results for the 51-day period from the
commencement of vessel operations on November 10, 2004 through the fiscal year
end on December 31, 2004.

Contact:

Arlington Tankers Ltd
Arthur L.

seafarers lcl

All of the time
charters continue until 2009, with options for the charterers to extend the
terms. When used in this press release, words such as "believe,"
"intend," "anticipate," "estimate," "project," "forecast," "plan,"
"potential," "will ," "may," "should," and "expect" and similar expressions are
intended to identify forward-looking statements but are not the exclusive
means of identifying such statements.

imca shipbuilding

propeller wwpc

-- Track & Trace: Allows forwarders and shippers (demanders of maritime
transport) to obtain information on the status of their shipments (current
situation of the cargo, trans-shipments made, documents processed ).gtnexus.

Arlington Tankers Announces Unaudited Results and Provides Business Update

The increase in expenses over the estimate in the initial
public offering prospectus was due to higher than originally anticipated
administrative expenditures related to the formation of the Company, as well
as full year costs that would normally be charged to operations on a quarterly
basis.

nrg shippers

The integration will provide ValenciaportPCS. The Company's common shares commenced trading on the New York Stock
Exchange on November 5, 2004 in connection with the Company's initial public
offering.

Safe Harbor Statement
This press release contains assumptions, expectations, projections,
intentions and beliefs about future events, in particular the statements
regarding the Company's expectations as to tanker industry trends.

shippers isu

The
development of ValenciaportPCS.net is a strategic initiative of the Port
Authority designed to improve the efficiency of transactions between
members of the Port Community by connecting them to a common digital
platform.
The forward-looking statements contained in this press release are subject
to a number of risks, assumptions and uncertainties that could cause actual
results to differ materially from those discussed in such forward-looking
statements .

1756 720

com

ABOUT PORT OF VALENCIA AND ValenciaportPCS.net -- The Port of Valencia is
the leading port in the Mediterranean and the gateway to the Iberian
Peninsula (Spain and Portugal), Southern Europe and Northern Africa. The
Company will announce full fiscal 2004 results following completion of the
audit.
The Company completed the purchase of its six vessels and commenced
operations under its charter contracts on November 10, 2004, the same day that
the Company completed its initial public offering. The significant increase in revenue as compared
to the estimate of revenues in the prospectus for the Company's initial public
offering resulted from additional charter hire received from profit sharing
arrangements under the time charters for four of the vessels.5 million. Therefore ,
the Company believes it is well positioned to benefit from these trends. These and other risks are described in greater
detail in the "Risk Factors" section of the final prospectus relating to the
Company's initial public offering, filed with the United States Securities and
Exchange Commission .

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"These platforms play important roles for ports as well, allowing
forwarders to communicate more effectively with a large number of shipping
companies for planning, chartering and goods tracking purposes," said Mr. GT Nexus solutions span and link
three critical logistics functions: multi-modal transportation management,
global supply chain visibility, and performance management. The shipbuilding industry's
capability to increase the supply of tankers to meet this demand is
constrained to a degree by the lack of available capacity, which results in
longer lead times for new tankers.

nrg shipbuilding

"

The Port Authority of Valencia joins the Port of Antwerp, Belgium as a port
IT system integrated with the GTN Portal, which is the leading
industry-backed, multi-carrier transaction platform for seafreight
management.
Arlington's fleet consists of modern, double-hulled vessels.

Dividend Policy
Arlington continues to intend to pay quarterly cash dividends in amounts
substantially equal to the charter hire revenues it receives, less cash
expenses and any reserves established by the Company's board of directors.

nrg overdimensional

"This has improved the efficiency of document flows, standardised
procedures, reduced the errors involved in manual processing and increased
the availability of the shipping companies' services. While the Company believes that generally tanker demand
fundamentals will remain favorable in 2005, the Company does not currently
anticipate that the exceptionally high rate of additional charter hire
received during the abbreviated period of November and December 2004 will
continue at the same rate throughout 2005.

About Arlington Tankers
Arlington Tankers Ltd is an international seaborne transporter of crude
oil and petroleum products. All of the Company's vessels are employed on
long-term time charters.

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Important factors that could cause actual results to differ
materially from those discussed in the forward-looking statements include: the
strength of world economies and currencies, general market conditions,
including fluctuations in charter rates and vessel values, changes in demand
in the tanker market, as a result of changes in OPEC's petroleum production
levels and worldwide oil consumption and storage, changes in the Company 's
operating expenses, including bunker prices, dry-docking and insurance costs,
the market for the Company's vessels, the availability of financing and
refinancing, changes in governmental rules and regulations or actions taken by
regulatory authorities, potential liability from litigation, general domestic
and international political conditions, potential disruption of shipping
routes due to accidents or political events and vessels breakdowns and
instances of vessel off- hire.