Annual Report
News Archive 2006
Vessel Acquisition AgreementChange of Adviser
18 September 2006
Global Oceanic Carriers Limited (AIM:GOC), the AiM-listed Greek-based drybulk shipping company, today announces that it has entered into agreements to add two further vessels to its fleet and is proposing to enter into new ship management agreements for all of its fleet. Full details of the vessels, the terms of the acquisition, the ship management agreements and financing arrangements will be advised as soon as practicable.
The Company is also pleased to announce the appointment of Jefferies International Limited to act as its sole Nominated Adviser and Broker to the Company with immediate effect.
For further information:
| Global Oceanic Carriers Limited | |
| Michael Tartsinis, Chief Executive Officer | Tel: 00 30 210 898 6362 |
| www.gocarriers.com | |
| Jefferies International Limited | |
| Andrew Meigh | Tel: +44 (0) 20 7618 3500 |
| ameigh@jefferies.com | www.jefferies.com |
Media enquiries:
| Abchurch | |
| Henry Harrison-Topham | Tel: +44 (0) 20 7398 7700 |
| henry.ht@abchurch-group.com | www.abchurch-group.com |
Notes to Editors:
Global Oceanic Carriers Limited is a shipping company comprising of ship ownership, management and chartering. The company is based in Piraeus, Greece and incorporated in Jersey. The Company has acquired three vessels and will use the extensive shipping experience of the management and the dynamic market conditions to build a fleet for long term charter revenue.
The Company's fleet comprises of two Panamax bulk carriers and one Handysize vessel with an aggregate carrying capacity of 171,941 Dwt. Drybulk ships carry cargo that is shipped in large volumes and can be easily stowed in a single hold including iron ore, coal and grain.
GO Carriers was formed and listed on the AIM market in 2005 its stock code is GOC.L