As previously announced in February 22, 2017 Nikiforos has entered into a spot voyage contract for transporting approximately 40,030 tons of dry bulk cargo from Middle East to Subcontinent. The short voyage has successfully been completed and contributed approximately 708,000 usd in the revenues of the company. Immediately following the completion of the voyage Nikiforos entered into a further short term time charter contract for transporting approximately 32,000 tons of steel coils from Subcontinent to south-east asia which upon successful completion is expected to contribute approximately 160,000 usd in the revenues of the company for a period of 20 days.
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.
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