Annual Report
News Archive 2006
Result of AGM and Directorate Change22 June 2006
Global Oceanic Carriers Limited (AIM:GOC), the AIM-listed Greek-based drybulk shipping company, today announces that at the Annual General Meeting held in Jersey on Tuesday 20 June 2006 the resolutions regarding the re-election to the Board of Vassilis Vintiadis, Chief Executive, Konstantinos Dimitriou, Non Executive Chairman and Carlos Campbell, Non Executive Director were not passed. These developments follow the recent major change of shareholders in the Company's stock and recent appointments to the Board.
The Board is immensely grateful for the dedicated work of Vassilis Vintiadis and the other directors in developing and managing the business since its formation.
For further information:
| Global Oceanic Carriers Limited | |
| Douglas Kearney, Finance Director | Tel: +44 (0) 20 7398 7700 |
| www.gocarriers.com | |
| Collins Stewart | |
| Tim Mickley, Corporate Finance | Tel: +44 (0) 20 7523 8313 |
| tmickley@collins-stewart.com | www.cstplc.com |
Media enquiries:
| Abchurch | |
| Henry Harrison-Topham/Charlie Jack | Tel: +44 (0) 20 7398 7700 |
| charlie.jack@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. The Company has brought together the considerable shipping expertise and contacts of the Board, in particular the CEO, Vassilis Vintiadis, the founder and owner of Niva Shipping Limited a 27 year old shipping company based in Piraeus, Greece with strategic relationships primarily focused on China and India.
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