The Athens, Greece-based company funded the purchase of the 2000-built Konstantinos D (previously known as Aegean Hawk) with $30 million from the net proceeds of its initial public offering and the remaining $32 million through a debt facility from Piraeus Bank.
The vessel on March 28 entered into a time charter with Korea Line Corp. for 24 to 26 months, at a gross rate of $64,245 per day for the first year and thereafter at a gross rate of $48,250 per day.
Following delivery of the Konstantinos D, Hellenic Carriers' fleet comprises three Panamaxes, one Handymax and one Supramax with a total carrying capacity of 298,761 dwt. The company expects to take delivery of another Panamax vessel by the end of May.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now