15th Jun 2009 07:00
Hellenic Carriers Limited
Fleet Deployment Update
Press Release 15 June 2009
M/V HELLENIC SEA TIME CHARTERED AT US$16,500 PER DAY FOR 4-6 MONTHS
Hellenic Carriers Limited, ("Hellenic" or the "Company") (AIM: HCL), an international provider of marine transportation services for dry bulk cargoes, announces today that it has entered into a time charter agreement with SwissMarine Corporation Ltd for the M/V Hellenic Sea for a period of minimum four to about six months at a gross rate of US$16,500 per day.
The charter commenced on 11 June, 2009. The earliest expiration date is 11 October 2009.
The M/V Hellenic Sea is a 65,434 dwt Panamax built in 1991 at Jiangnan Shipyard, China.
Following the time charter of the vessel M/V Hellenic Sea, the estimated time charter coverage for the remaining of 2009 is approximately 76% and 49% for the whole of 2010.
The deployment of the Hellenic managed fleet is as follows:
|
Vessel |
Type |
Year Built |
Yard |
Carrying Capacity (dwt) |
Charter Type |
T/C Expiration Date EARLIEST |
Daily Charter Rate US$ (Gross) |
|
M/V Hellenic Breeze |
Panamax |
1993 |
Tsuneishi Shipbuilding, Japan |
69,601 |
T/C |
31/12/2010 |
24,000 |
|
M/V Hellenic Sky |
Panamax |
1994 |
Sasebo Heavy Industries, Japan |
68,591 |
Trading spot |
||
|
M/V Hellenic Sea |
Panamax |
1991 |
Jiangnan Shipyard, China |
65,434 |
T/C |
11/10/2009 |
16,500 |
|
M/V Hellenic Wind |
Panamax |
1997 |
Tsuneishi, Shipbuidling, Japan |
74,000 |
T/C |
14/05/2011 |
54,000 |
|
M/V Hellenic Horizon |
Handymax |
1995 |
Halla Engineering & Heavy Industries, Korea |
44,809 |
T/C |
30/11/2009 |
15,600 |
|
M/V Konstantinos D |
Supramax |
2000 |
Mitsui Engineering & Shipbuilding, Japan |
50,326 |
T/C |
25/01/2011 |
35,000 |
ENDS
For further information please contact:
Hellenic Carriers Limited
Fotini Karamanlis, Chief Executive Officer
E-mail: [email protected] +30 210 455 8900
Jefferies International Limited
Anne Dovigen +44 (0) 20 7029 8000
Schuyler Evans
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. Currently the fleet consists of six vessels, comprising four Panamaxes, one Supramax and one Handymax with an aggregate carrying capacity of 372,761 dwt.
Related Shares:
HCL.L