NASSAU, Bahamas, Nov. 11, 2010 (GLOBE NEWSWIRE) -- Ultrapetrol (Bahamas) Limited (Nasdaq:ULTR), an industrial transportation company serving marine transportation needs in three markets (River Business, Offshore Supply Business and Ocean Business), today announced that it is scheduled to present at the Stephens Fall Investment Conference on Wednesday, November 17, 2010 at The New York Palace Hotel in New York. Felipe Menendez Ross, President and Chief Executive Officer, will speak to the investment community at 2:30 p.m. ET.

The live webcast and accompanying slide presentation will be available in the Investor Relations section of Ultrapetrol's Web site at http://www.ultrapetrol.net . The audio and slide presentation from the conference will be archived on the Company's website for 90 days following the live presentation.

About Ultrapetrol

Ultrapetrol is an industrial transportation company serving the marine transportation needs of its clients in the markets on which it focuses. It serves the shipping markets for grain, forest products, minerals, crude oil, petroleum, and refined petroleum products, the general cargo and container trade, as well as the offshore oil platform supply market with its extensive and diverse fleet of vessels. These include river barges and pushboats, platform supply vessels, tankers and a container feeder vessel. More information on Ultrapetrol can be found at www.ultrapetrol.net .

The Ultrapetrol (Bahamas) Limited logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=3164

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CONTACT:  The IGB Group          Leon Berman            212-477-8438            lberman@igbir.com          David Burke            646-673-9701            dburke@igbir.com

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