Boston Carriers Inc. (fka BSTN)

[jackson73]

Boston Carriers Inc. (OTC: BSTN) ("Boston" or the "Company") Announced Today the Successful Completion of a Short Term Contract for a Spot Voyage of the MV Nikiforos ("Nikiforos")

ATHENS, Greece, February 14, 2017 /PRNewswire/ --

Nikiforos is a 1996-built dry bulk Handymax vessel of 45,693 dwt and was delivered to Boston in February 2016.

(Logo: http://mma.prnewswire.com/media/467605/Boston_Carriers_Logo.jpg )
In January 2017, Nikiforos has successfully completed a spot voyage from North America to Middle East. In this voyage the vessel has transported 31,000 tons of dry bulk cargo. The contract has contributed approximately 1,056,000 USD in the revenues of the Company.

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."

About Boston Carriers Inc.

Boston Carriers Inc. is an international shipping company providing ideal solutions for seaborne transportation of dry bulk commodities through owned vessels. Boston is a Securities and Exchange Commission ("SEC") reporting Foreign Private Issuer in compliance with applicable SEC rules and regulations and current in its SEC reporting, utilizing U.S. Read more about Boston Carriers Inc. - http://www.bostoncarriers.com.