Hellenic Carriers Limited Fleet Deployment Update (2155O)
09 October 2012 - 5:00PM
UK Regulatory
TIDMHCL
RNS Number : 2155O
Hellenic Carriers Limited
09 October 2012
Hellenic Carriers Limited
Fleet Deployment Update
Press Release 9 October 2012
Fleet Deployment Update
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 has been fixed for a period of 4-6 months
at a daily gross hire rate of US$ 7,600. The charter commenced on
29 September 2012, the earliest expiration date is on 29 January
2013 and the latest on 29 March 2013.
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:
Vessel Type Year Yard Carrying Charter T/C Daily
Built Capacity Type Earliest Charter
(dwt) Expiration Rate
Date US$
(Gross)
------------------ ---------- -------- ------------------ ---------- -------- ------------ ---------
M/V Hellenic Handymax 1995 Halla 44,809 Trading - -
Horizon Engineering Spot
& Heavy
Industries,
Korea
------------------ ---------- -------- ------------------ ---------- -------- ------------ ---------
Mitsui
Engineering
M/V Konstantinos & Shipbuilding,
D Supramax 2000 Japan 50,326 T/C 29/01/2013 7,600
------------------ ---------- -------- ------------------ ---------- -------- ------------ ---------
Tsuneishi
M/V Hellenic Shipbuilding,
Wind Panamax 1997 Japan 73,981 T/C 05/03/2013 7,350
------------------ ---------- -------- ------------------ ---------- -------- ------------ ---------
ENDS
For further information please contact:
Hellenic Carriers Limited
Fotini Karamanlis, Chief Executive Officer
E-mail: info@hellenic-carriers.com +30 210 455 8900
Panmure Gordon (UK) Limited
Andrew Godber +44 (0) 20 7886 2500
Capital Link
Nicolas Bornozis +1 212 661 7566 (New York)
Eleni Theodoropoulou +44 (0) 20 3206 1320 (London)
E-mail: helleniccarriers@capitallink.com
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 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.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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