12th Aug 2010 10:05
Hellenic Carriers Limited
Press Release 12 August 2010
DELIVERY OF THE VESSEL M/V HELLENIC BREEZE
Hellenic Carriers Limited, ("Hellenic" or the "Company") (AIM: HCL), an international provider of marine transportation services for dry bulk cargoes, further to the press release of 8 June 2010, announces that the M/V "Hellenic Breeze", a 69,601 dwt Panamax dry bulk carrier built in 1993, owned by Nestos Shipping Corp. has been delivered today to its new owners, an unaffiliated third party, in accordance with the terms mentioned in the previous announcement.
Part of the cash proceeds from the sale will be utilised towards debt repayment.
Fleet Profile as of the date of this press release:
|
Vessel |
Type |
Year Built |
Yard |
Carrying Capacity |
|
Hellenic Sky |
Panamax |
1994 |
Sasebo Heavy Industries, Japan |
68,591 |
|
Hellenic Sea |
Panamax |
1991 |
Jiangnan Shipyard, China |
65,434 |
|
Hellenic Wind |
Panamax |
1997 |
Tsuneishi Shipbuilding, Japan |
73,981 |
|
Hellenic Horizon |
Handymax |
1995 |
Halla Engineering & Heavy Industries, Korea |
44,809 |
|
Konstantinos D |
Supramax |
2000 |
Mitsui Engineering & Shipbuilding, Japan |
50,326 |
|
Hull No. 629 |
Kamsarmax |
Under construction |
Zhejiang Ouhua Shipbuilding, China |
82,000 |
|
Hull No. 630 |
Kamsarmax |
Under construction |
Zhejiang Ouhua Shipbuilding, China |
82,000 |
|
Aggregate Carrying Capacity: |
467,141 |
ENDS
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 / Stuart Gledhill +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. Following the sale of Hellenic Breeze, 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 under construction, both Kamsarmaxes with an aggregate carrying capacity of 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.
Related Shares:
HCL.L