FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of September 2005
EXCEL MARITIME CARRIERS LTD.
(Translation of registrant's name into English)
67 Akti Miaouli Street
18537 Piraeus
Greece
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [_]
Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes [_] No [X]
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
Attached hereto as Exhibit 1 is a press release dated September 20,
2005 by Excel Maritime Carriers Ltd. (the "Company") announcing the charter of
its vessel MV Rodon.
ADDITIONAL INFORMATION
None.
Contact:
Investor Relations / Financial Media: Company:
Nicolas Bornozis Christopher Georgakis
President Chief Executive Officer
Capital Link, Inc. Excel Maritime Carriers Ltd.
230 Park Avenue - Suite 1536 67 Akti Miaouli Street
New York, NY 10160, USA 185 37 Piraeus, Greece
Tel: (212) 661-7566 Tel: 011-30-210-45-98-692
Fax: (212) 661-7526 Fax: 011-30-210-42-82-628
E-Mail: nbornozis@capitallink.com E-Mail: info@excelmaritime.com
www.capitallink.com www.excelmaritime.com
Excel Maritime Carriers (EXM) Enters a One-Year Charter on M/V Rodon
PIRAEUS, GREECE (September 20, 2005). Excel Maritime Carriers Ltd (NYSE: EXM),
an owner and operator of dry bulk carriers and a provider of worldwide seaborne
transportation services for dry bulk cargoes, announced today that it chartered
M/V Rodon for a period of about 12/14 months at US$ 20,250 per day to a first
class European charterer.
M/V Rodon is a Panamax dry bulk carrier of approximately 73,670 dwt, built in
1993 in Korea, which the Company acquired and took delivery of in June, 2005.
CEO Christopher Georgakis commented, "We continue to implement our fleet
deployment strategy of securing period charters for new acquisitions and within
this context we have secured a one-year employment for M/V Rodon, which will
further enhance the visibility and stability of our earnings."
About Excel Maritime Carriers Ltd
---------------------------------
The Company is an owner and operator of dry bulk carriers and a provider of
worldwide seaborne transportation services for dry bulk cargoes, such as iron
ore, coal and grains, as well as bauxite, fertilizers and steel products. The
company's current fleet consists of 18 vessels (one Capesize, ten Panamax and
seven Handymax vessels) with a total carrying capacity of 1,112,070 dwt. The
Company was incorporated in 1988 and its common stock is listed on the American
Stock Exchange (AMEX) since 1998, trading under the symbol EXM. As of September
15th, 2005 Excel's shares trade on the New York Stock Exchange (NYSE) under the
same symbol - EXM. For more information about the company, please go to our
corporate website www.excelmaritime.com
Forward Looking Statement
-------------------------
This press release contains forward-looking statements (as defined in Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended) concerning future events and the Company's
growth strategy and measures to implement such strategy; including expected
vessel acquisitions and entering into further time charters.. Words such as
"expects," "intends," "plans," "believes," "anticipates," "hopes," "estimates,"
and variations of such words and similar expressions are intended to identify
forward-looking statements. Although the Company believes that the expectations
reflected in such forward-looking statements are reasonable, no assurance can be
given that such expectations will prove to have been correct. These statements
involve known and unknown risks and are based upon a number of assumptions and
estimates which are inherently subject to significant uncertainties and
contingencies, many of which are beyond the control of the Company. Actual
results may differ materially from those expressed or implied by such
forward-looking statements. Factors that could cause actual results to differ
materially include, but are not limited to changes in the demand for dry bulk
vessels, competitive factors in the market in which the Company operates; risks
associated with operations outside the United States; and other factors listed
from time to time in the Company's filings with the Securities and Exchange
Commission. The Company expressly disclaims any obligations or undertaking to
release publicly any updates or revisions to any forward-looking statements
contained herein to reflect any change in the Company's expectations with
respect thereto or any change in events, conditions or circumstances on which
any statement is based.
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
EXCEL MARITIME CARRIERS LTD.
(registrant)
Dated: September 20, 2005 By: /s/ Christopher J. Georgakis
----------------------------
Christopher J. Georgakis
President and
Chief Executive Officer
02545.0001 #602535