Article: United states : Excel Maritime Enters Into Time Charter Agreement for M/V Renuar and M/V Elinakos at Profitable Rates.

Byline: deepak03

Excel Maritime Carriers Ltd (NYSE: EXM), an owner and operator of dry bulk carriers and a leading international provider of worldwide seaborne transportation services for dry bulk cargoes, announced today that it has entered into two new charter agreements for the M/V Renuar and the M/V Elinakos.

The M/V Renuar, a 1993 built Panamax bulk carrier with a carrying capacity of 70,128 dwt, has entered into a charter agreement for a minimum period of 12 months to a maximum period of 14 months at the gross daily rate of $22,500.

The M/V Elinakos, a 73,751 dwt, 1997-built Panamax bulk carrier, has entered into a short-term charter ...

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