Time Charter for MV Renuar and Elinakos

Wednesday, November 11, 2009

Excel Maritime Carriers Ltd (NYSE: EXM) announced that it has entered into two new charter agreements for the M/V Renuar and the M/V Elinakos.

The M/V Renuar, a 1993 built Panamax bulk carrier with a carrying capacity of 70,128 dwt, has entered into a charter agreement for a minimum period of 12 months to a maximum period of 14 months at the gross daily rate of $22,500.

The M/V Elinakos, a 73,751 dwt, 1997-built Panamax bulk carrier, has entered into a short-term charter agreement for a period of a minimum of 4 months to a maximum of 6 months at a gross rate of $25,000 per day.

Lefteris Papatrifon, Chief Financial Officer of Excel, stated,  With these fixtures, our time charter coverage for the fourth quarter of 2009 has increased to approximately 70% of the remaining operating days of 2009 and 56% for 2010."

(www.excelmaritime.com)

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Vessels

Vessel Sales: February 2015

Vessel sales for February 2015  - (as of March 1) as prepared by Shipping Intelligence, Inc., New York.   Date Reported - Vessel Name - DWT - Built -  - (Age)

Gas Turbine Alternator Installed into Aircraft Carrier

The Aircraft Carrier Alliance has completed the installation of the first MT30 Gas Turbine Alternator (GTA) package into the Royal Navy’s latest aircraft carrier HMS Prince of Wales,

Hospital Ship Brought up to Speed with AMOS

SpecTec will work with long term partner Mercy Ships to migrate its current system Business Suite to AMOS Enterprise Management Suite (EMS).   Mercy Ships’ Africa Mercy,

 
 
Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Port Authority Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1107 sec (9 req/sec)