In January 2017, Nikiforos entered into a spot voyage contract for transporting approximately 40 030 t of dry bulk cargo from Middle East to Subcontinent. The short voyage upon completion is expected to contribute approximately US$708 000 in the revenues of the company.
Nikiforos is a 1996-built dry bulk Handymax vessel of 45 693 DWT and was delivered to Boston in February 2016.
Mr. Antonios Bertsos, Chairman and Chief Executive Officer, stated: "Boston's short term employment strategy allows the Company to capture any potential upside that arise in the dry bulk market."
Mr. Antonios Bertsos, added: "We believe in the dry bulk sector and will attempt to continue to grow our fleet with additional dry bulk Handysize-Handymax vessels."