HCL.L Regulatory News (HCL)

Hellenic Carriers Limited 

Fleet Deployment Update

Press Release 20 November 2013

M/V KONSTANTINOS II TIME CHARTERED FOR ABOUT 6 TO ABOUT 8 MONTHS

Hellenic Carriers Limited, ("Hellenic" or the "Company") (AIM: HCL), an international provider of marine transportation services for dry bulk cargoes, announces today that M/V Konstantinos II is fixed under a time charter for about 6 to about 8 months with SwissMarine Services SA Geneva at a gross daily rate linked to the Baltic Exchange Panamax Index (BPI) Average of 4 Routes plus 12% premium with a guaranteed minimum floor rate of US$ 9,000 gross.

The charter commenced on 19 November 2013. The earliest expiration date is 4 May 2014 and the latest 3 August 2014.

The M/V Konstantinos II is a Kamsarmax vessel with a carrying capacity of 81,698dwt built 2013 at Zhejiang Ouhua Shipbuilding Co. Ltd, China.

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For further information please contact:

Hellenic Carriers Limited

Fotini Karamanli, Chief Executive Officer

Elpida Kyriakopoulou, Chief Financial 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)

Ioanna Messini +44 (0) 20 3206 1320 (London)

E-mail: helleniccarriers@capitallink.com 

Further Information - Notes to Editors

About Hellenic Carriers Limited

Hellenic Carriers Limited owns and trades through its subsidiaries 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 five vessels, comprising one Panamax, one Supramax, one Handymax and two sister Kamsarmax vessels with an aggregate carrying capacity of 332,476 dwt and a weighted average age of 9.9 years.

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