Fleet Deployment Update
Press Release 9 October 2012
Hellenic Carriers Limited, (“Hellenic” or the “Company”) (AIM: HCL), an international provider of marine
transportation services for dry bulk cargoes, announces the following time charter agreements.
The M/V Konstantinos D is a 50,326dwt Supramax vessel built in 2000 at Mitsui Engineering and Shipbuilding, Japan.
The M/V Hellenic Wind has been fixed for a period of 5-9 months at a daily gross hire rate of US$ 7,350. The charter commenced on 5 October 2012, the earliest expiration date is on 5 March 2013 and the latest on 5 July 2013.
The M/V Hellenic Wind is a 73,981dwt Panamax vessel built in 1997 at Tsuneishi Shipbuilding, Japan. Following the fixtures of M/V Konstantinos D and M/V Hellenic Wind, the estimated time charter coverage on the basis of the earliest expiration dates stands at approximately 67% for the remainder of 2012 and at 8% for 2013.
The deployment of the fleet is as follows:
About Hellenic Carriers Limited
Hellenic Carriers Limited manages through Hellenic Shipmanagement Corp. a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes worldwide. The fleet consists of three vessels, comprising one Panamax, one Supramax and one Handymax with an aggregate carrying capacity of 169,116 dwt and a weighted average age of 15.3 years plus two new building vessels currently on order, both Kamsarmaxes with an aggregate carrying capacity of about 164,000 dwt.
Hellenic Carriers is listed on the AIM of the London Stock Exchange under ticker HCL.
Hellenic Carriers Limited press release