TIDMHCL

RNS Number : 5179D

Hellenic Carriers Limited

17 May 2012

Hellenic Carriers Limited

Press Release 17 May 2012

DELIVERY OF THE VESSEL M/V HELLENIC SKY

Hellenic Carriers Limited, ("Hellenic" or the "Company") (AIM: HCL), an international provider of marine transportation services for dry bulk cargoes, announces that further to the press release of 5 April 2012, the M/V "Hellenic Sky", a 68,591 dwt Panamax dry bulk carrier built in 1994, owned by Thasos Shipping Co. Ltd. ("Thasos"), was delivered on 16 May 2012 to its new owners pursuant to the Memorandum of Agreement for the sale of the vessel dated 27 March 2012.

Fleet Profile as of the date of this Press Release: -

 
    Vessel         Type      Year Built              Yard             Carrying 
                                                                       Capacity 
                                                                        (dwt) 
--------------  ----------  ------------  -------------------------  ---------- 
   Hellenic                                   Jiangnan Shipyard, 
      Sea         Panamax       1991                 China               65,434 
--------------  ----------  ------------  -------------------------  ---------- 
   Hellenic                                Tsuneishi Shipbuilding, 
      Wind        Panamax       1997                 Japan               73,981 
--------------  ----------  ------------  -------------------------  ---------- 
                                              Halla Engineering 
   Hellenic                                   & Heavy Industries, 
    Horizon      Handymax       1995                 Korea               44,809 
--------------  ----------  ------------  -------------------------  ---------- 
                                              Mitsui Engineering 
 Konstantinos                                   & Shipbuilding, 
       D         Supramax       2000                 Japan               50,326 
--------------  ----------  ------------  -------------------------  ---------- 
 
 
                                      Zhejiang Ouhua 
 Hull No.                              Shipbuilding, 
    629      Kamsarmax    on order         China        82,000 
----------  -----------  ----------  ----------------  ------- 
                                      Zhejiang Ouhua 
 Hull No.                              Shipbuilding, 
    630      Kamsarmax    on order         China        82,000 
----------  -----------  ----------  ----------------  ------- 
 
 
 Aggregate Carrying Capacity:    398,550 
------------------------------  -------- 
 

For further information please contact:

Hellenic Carriers Limited

Fotini Karamanli, Chief Executive Officer

   E-mail: info@hellenic-carriers.com                                   +30 210 455 8900 

Panmure Gordon (UK) Limited

   Andrew Godber                                                              +44 (0) 20 7459 3600 

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 four vessels, comprising two Panamaxes, one Supramax and one Handymax with an aggregate carrying capacity of 234,550 dwt and a weighted average age of 16.3 years plus two new building Kamsarmax vessels currently on order, 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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