Ex. 99.4

                      CHIEF FINANCIAL OFFICER CERTIFICATION
                       Pursuant to 18 U.S.C. Section 1350


     In connection  with the annual report of Excel Maritime  Carriers Ltd. (the
"Company") on Form 20-F for the period  ending  December 31, 2003, as filed with
the Securities and Exchange  Commission on the date hereof (the  "Report"),  the
undersigned Chief Financial Officer of the Company, hereby certifies pursuant to
18 U.S.C. ss. 1350 that:

     (1)  The Report fully  complies with the  requirements  of Section 13(a) or
          15(d) of the Securities Exchange Act of 1934; and


     (2)  The  information  contained  in the  Report  fairly  presents,  in all
          material respects, the financial condition and result of operations of
          the Company.

     This  certification  is made solely for the  purposes of 18 U.S.C.  Section
1350, and not for any other purpose.



/s Christopher J. Thomas
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Christopher J. Thomas

Chief Financial Officer







02545.0001 #489754