Dry Bulk Sector Webinar With the CEO's of Euroseas, Star Bulk Carriers, and
Western Bulk on Thursday, January 30, 2014
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.
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
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
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
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
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.
For more information please contact:
Capital Link, Inc.
230 Park Avenue
New York, NY 10169
Tel.: (212) 661-7566
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