Sino-Global Secures First Priority Ship Lien on Vessel; and Receives Fees of $225,000 in First Month of Two-Year Time Charter Agreement

Sino-Global Shipping America, Ltd.

("Sino-Global" or the "Company"), a Virginia company engaged in shipping, chartering and related services, today announced that it secured a first priority ship lien from Rong Yao International Shipping Limited, a Hong Kong company (the "Vessel Seller") on the 8,818 gross tonnage oil/chemical transportation tanker called the "Rong Zhou" (the "Vessel"), being acquired by the Company pursuant to the previously announced Asset Purchase Agreement (the "Purchase Agreement"), and received a net payment of $225,000 in the first month of operation under a previously disclosed two-year time charter agreement ("TCA") for the Vessel which obligates the chartering party to pay Sino-Global every 15 days at a daily rate of $7,500. In the event the acquisition of the Vessel by the Company does not occur, pursuant to the Purchase Agreement, the Vessel Seller is required to immediately pay to the Company $2.22 million in cash, the agreed value of the 1.2 million shares previously issued by the Company to the Vessel Seller as the first installment of the purchase price of the Vessel. The placing of the lien on the Vessel provides the Company with a definitive mechanism to assist the Company in obtaining the $2.22 million value of the shares issued to the Vessel Seller if the Vessel acquisition does not occur. Mr. Lei Cao, Chief Executive Officer of Sino-Global said, "Securing a first priority ship lien helps protect the Company's investment in the event the acquisition of the Vessel does not occur; and the TCA allows Sino-Global to realize a daily profit of $4,000." The Company believes, based on current expectations and information, that during the 2-year term of the TCA, the Company will generate revenues and net profit of approximately $5 million and $1.8 million, respectively. Sino-Global intended to close on the acquisition of the Vessel by June 30, 2015, but agreed to extend the closing date in order to assist the Vessel Seller in satisfying its closing conditions pursuant to the Purchase Agreement. Mr. Cao also stated that, "Sino-Global is actively pursuing other opportunities in the shipping and transportation industries, and the Company has identified certain opportunities consistent with the Company's growth plans."