Annual Report and AGM Notice

Hellenic Carriers Limited 

Press Release 14 April 2011

Annual Report and AGM Notice

Hellenic Carriers Limited, ("Hellenic" or the "Company") (AIM: HCL), an international provider of marine transportation services for dry bulk cargoes, today announces that the Annual Report for the year ended 31 December 2010, along with the Notice and Proxy of the Annual General Meeting were posted to shareholders.

The Company will hold its Annual General Meeting on 11 May 2011 at 11:00am local time at Piraeus Marine Club, 51 Akti Miaouli, Piraeus 185 36, Greece.

Copies of the Annual Report and the Notice of Annual General Meeting are available free of charge from the Company's Secretary at the Company's Registered Office at:

Walker House

PO Box 498

28-34 Hill Street

St. Helier

Jersey JE4 5TF

Channel Islands

These documents can also be found on and can be downloaded from the Company's website www.hellenic-carriers.com.

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For further information please contact:

Hellenic Carriers Limited

Fotini Karamanlis, Chief Executive Officer

E-mail: [email protected] +30 210 455 8900

Panmure Gordon (UK) Limited

Andrew Godber +44 (0) 20 7459 3600

Capital Link 

Ramnique Grewal +1 212 661 7566 (New York)

Annie Evangeli +44 (0) 20 3206 1320 (London)

E-mail: [email protected] 

Further Information - Notes to Editors

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 five vessels, comprising three Panamaxes, one Supramax and one Handymax with an aggregate carrying capacity of 303,141 dwt plus two new building vessels currently on order, both Kamsarmaxes with an aggregate carrying capacity of about 164,000 dwt.

Following the delivery of the two Kamsarmax vessels, the Company will manage through Hellenic Shipmanagement Corp. a fleet of seven dry bulk carriers comprising two Kamsarmaxes, three Panamaxes, one Supramax and one Handymax with an aggregate carrying capacity of about 467,141 dwt and a weighted average age of 12.5 years (as of 31 March 2013).

Hellenic Carriers is listed on the AIM of the London Stock Exchange under ticker HCL.