New Buildings' Expected Delivery

Hellenic Carriers Limited

Press Release 15 July 2013

New Buildings' expected delivery

Hellenic Carriers Limited ("Hellenic" or the "Company"), an international provider of marine transportation services, announces that its subsidiary Ithaca Maritime Ltd ('Ithaca), which had entered into a shipbuilding contract in June 2010, is expected to take delivery of its 82,000 dwt Kamsarmax vessel currently at the final stage of construction in China, within August 2013 at a contract price of US$26.28million. Symi Shipping Co Ltd ('Symi'), a subsidiary of Hellenic, which had also entered into a shipbuilding contract in June 2010, is expected to take delivery of its 82,000dwt Kamsarmax vessel, in September/October 2013 at a contract price of US$26.28million. Following delivery of the two Kamsarmax vessels the fleet will have an aggregate carrying capacity of about 333,116 dwt and an average age of 9.8 years.

ENDS

For further information please contact:

Hellenic Carriers Limited

Fotini Karamanli, Chief Executive Officer

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

Panmure Gordon (UK) Limited

Andrew Godber +44 (0) 20 7886 2500

Charles Leigh-Pemberton

Capital Link 

Nicolas Bornozis +1 212 661 7566 (New York)

Ioanna Messini +44 (0) 20 3206 1322 (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 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 16.2 years. Two new building vessels currently under construction, both Kamsarmaxes with an aggregate carrying capacity of about 164,000 dwt are scheduled for delivery within 2013.

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