FORM 6-K

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D. C. 20549

                        Report of Foreign Private Issuer
                      Pursuant to Rule 13a-16 or 15d-16 of
                       the Securities Exchange Act of 1934

                           For the month of March 2005

                           EXCEL MARITIME CARRIERS LTD
                 (Translation of registrant's name into English)

                             67 Akti Miaouli Street
                                  18537 Piraeus
                                     Greece
                    (Address of principal executive offices)

Indicate by check mark whether the registrant  files or will file annual reports
under cover Form 20-F or Form 40-F.

                           Form 20-F |X| Form 40-F |_|

Indicate by check mark whether the  registrant  by  furnishing  the  information
contained  in this  Form is  also  thereby  furnishing  the  information  to the
commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                                 Yes |_| No |X|


INFORMATION CONTAINED IN THIS FORM 6-K REPORT

Attached  hereto as Exhibit 99.1 is the Brokering  Agreement dated March 4, 2005
between Excel Maritime  Carriers Ltd. (the "Company") and Excel  Management Ltd.
Information furnished on this Report of Foreign Private Issuer on Form 6-K shall
be  deemed  to be  incorporated  by  reference  in  the  Company's  Registration
Statement  on Form F-3 (File No.  333-120259)  and any  related  prospectus,  as
supplemented,   including  the  Company's  Prospectus  filed  pursuant  to  Rule
424(b)(5) of the Securities Act of 1933, as amended, on November 5, 2004.

ADDITIONAL INFORMATION

The Company  files annual  reports on Form 20-F (File No.  1-10137) and periodic
reports on Form 6-K with the Securities and Exchange  Commission pursuant to the
Securities Exchange Act of 1934.


SIGNATURES

          Pursuant to the  requirements of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused  this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                          EXCEL MARITIME CARRIERS LTD.
                                  (registrant)


Dated: March 17, 2005                   By: /s/ Christopher J. Georgakis
                                            ----------------------------
                                            Christopher J. Georgakis
                                            President and
                                            Chief Executive Officer

02545.0001 #555966