|By Marketwired .||
|January 23, 2014 02:52 PM EST||
NEW YORK, NY -- (Marketwired) -- 01/23/14 -- On Thursday, January 30, 2014, at 10:00am ET, Capital Link will host a webinar on the developments and outlook of dry bulk shipping. Key issues discussed during this webinar will include the demand and supply side, freight rates, asset values and market valuations.
Those interested can access the webinar at no cost at:
or by copying and pasting the link below in your browser:
Michael Webber, Vice President and Senior Equity Analyst, Wells Fargo Securities
Aristides J. Pittas, Chairman and Chief Executive Officer of Euroseas Ltd. (NASDAQ: ESEA)
Spyros Capralos, President and Chief Executive Officer of Star Bulk Carriers Corp. (NASDAQ: SBLK)
Jens Ismar, Chief Executive Officer of Western Bulk ASA (OSLO: WBULK)
The webinar will consist of a roundtable discussion with one moderator and three panelists who will address the current shipping environment, financing, and outlook for the dry bulk sector. The webinar will last for a total of one hour. 45 minutes will be allotted for the panel discussion, which will be followed by a 15-minute Q&A session.
Q&A SESSIONS - Submitting Questions
Participants can submit questions to the panelists prior to or during the event through the special feature on the event page, or they can email them to [email protected].
A transcript of the panel discussion will be publicly available at no cost after the event. Those who are interested can request a copy when they register for the event or afterwards through the event page as indicated.
About Euroseas Ltd.
Euroseas Ltd. was formed on May 5, 2005 under the laws of the Republic of the Marshall Islands to consolidate the ship owning interests of the Pittas family of Athens, Greece, which has been in the shipping business over the past 136 years. Euroseas trades on the NASDAQ Global Select Market under the ticker ESEA since January 31, 2007.
Euroseas operates in the dry cargo, drybulk and container shipping markets. Euroseas operations are managed by Eurobulk Ltd., an ISO 9001:2008 certified affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. Euroseas employs its vessels on spot and period charters and through pool arrangements.
The Company has a fleet of 14 vessels, including 3 Panamax drybulk carriers and 1 Handymax drybulk carrier, 3 Intermediate containerships, 5 Handysize containerships and 2 Feeder containerships. Euroseas 4 drybulk carriers have a total cargo capacity of 262,074 dwt, its 10 containerships have a cargo capacity of 17,587 teu. Euroseas has also entered into agreements for the construction of two 63,500 dwt Ultramax dry bulk vessels with expected deliveries during the fourth quarter of 2015 and the first quarter of 2016, respectively.
For more information visit the company's website at www.euroseas.gr
About Star Bulk
Star Bulk is a global shipping company providing worldwide seaborne transportation solutions in the dry bulk sector. Star Bulk's vessels transport major bulks, which include iron ore, coal and grain and minor bulks which include bauxite, fertilizers and steel products. Star Bulk was incorporated in the Marshall Islands on December 13, 2006 and maintains executive offices in Athens, Greece. Its common stock trades on the Nasdaq Global Market under the symbol "SBLK". Currently, Star Bulk has an operating fleet of fifteen dry bulk carriers. The total fleet consists of five Capesize, two Ultramax and eight Supramax dry bulk vessels with a combined cargo carrying capacity of 1,413,526 deadweight tons. The average age of the company's current operating fleet is approximately 9.5 years. Additionally, Star Bulk has nine third party dry bulk vessels under its management, four Capesize, two Panamax and three Supramax vessels with a combined cargo carrying capacity of 1,030,720 deadweight tons. Star Bulk has also entered into agreements for the construction of nine fuel efficient dry bulk vessels, three Newcastlemax vessels, two Capesize vessels and four Ultramax vessels, with a combined cargo carrying capacity of 1,227,000 deadweight tons. All of the newbuilding vessels are expected to be delivered during 2015 and 2016.
For more information visit the company's website at www.starbulk.com
About Western Bulk
Western Bulk ASA, headquartered in Oslo, is a leading global operator of dry bulk vessels. It is the world's third largest operator of Supramax vessels with a commercially controlled fleet of more than 150 vessels. The company's business model combines solid shipping experience with an asset-light, decentralised and trading-oriented business model with a strong risk management culture.
Western Bulk consists of two divisions; Western Bulk Chartering and Western Bulk Shipholding. Western Bulk Chartering is an asset light and trading oriented margin business, matching cargo with vessels under all market conditions. This business has a highly sophisticated risk control system and is accompanied by extensive use of freight and oil derivatives for hedging purposes. Western Bulk Shipholding has a trading oriented asset exposure, mainly through a chartered fleet with purchase options. The company employs approximately 100 people and has commercial offices in Oslo, Singapore, Seattle, Santiago and Monaco. Western Bulk's shares trade on the Oslo Stock Exchange under the ticker symbol "WBULK".
For more information visit the company's website at www.westernbulk.com
About Wells Fargo Securities, LLC
Wells Fargo Securities is the trade name for the capital markets and investment banking services of Wells Fargo & Company and its subsidiaries, including but not limited to Wells Fargo Securities, LLC, a U.S. broker-dealer registered with the U.S. Securities and Exchange Commission and a member of NYSE, FINRA, NFA and SIPC, Wells Fargo Institutional Securities, LLC, a member of FINRA and SIPC, Wells Fargo Prime Services, LLC, a member of FINRA, NFA and SIPC, Wells Fargo Bank, N.A. and Wells Fargo Securities International Limited, authorized and regulated by the Financial Conduct Authority.
Wells Fargo Securities, LLC is a U.S. broker-dealer registered with the U.S. Securities and Exchange Commission and a member of the New York Stock Exchange, the Financial Industry Regulatory Authority and the Securities Investor Protection Corp.
ORGANIZER - CAPITAL LINK, INC.
Capital Link is a New York-based advisory, investor relations and financial communications firm. Capitalizing on our in-depth knowledge of the shipping industry and capital markets, Capital Link has made a strategic commitment to the industry, becoming the largest provider of investor relations and financial communications services to international shipping companies listed on the U.S. and European Exchanges including the companies participating in this webinar, Euroseas Ltd. (NASDAQ: ESEA), Star Bulk Carriers Corp. (NASDAQ: SBLK) and Western Bulk ASA (OSLO: WBULK). Capital Link's headquarters are in New York with a presence in London, Athens and Oslo. Capital Link is a member of the Baltic Exchange. In addition to the two recognitions from the Intercontinental Finance Magazine in 2013 and 2012, Capital Link won in 2011 a Lloyds List Greek Shipping Award for its contribution to the shipping industry.
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