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Boston Carriers Inc. completes spot voyage contract in Middle East

Published by , Assistant Editor
Dry Bulk,

Greek international shipping company Boston Carriers Inc. has announced that during November 2017, Nikiforos completed a spot voyage contract to transport approximately 44 000 short t of dry bulk cargo in between Middle Eastern ports.

The contract contributed approximately US$503 000 in the revenues of the company. Nikiforos has transported approximately 227 000 short t of dry bulk cargo from the beginning of the year and until the date of completion of this voyage and has produced operating revenues of approximately US$3.7 million compared to approximately US$21 million for the year ended on 31 December 2016.

Antonios Bertsos, Chairman and CEO of Boston Carriers Inc, stated: "Boston's short-term employment strategy allows the company to capture any potential upside that arise in the dry bulk market."

"We believe in the dry bulk sector and will attempt to continue to grow our fleet with additional dry bulk Handysize-Handymax vessels,” Bertsos added.

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