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Hellenic Carriers Limited (HCL) is engaged in the ownership and operation of a fleet of dry bulk carriers through its subsidiaries. The Company owns and operates, through its subsidiaries, a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, alumina and other dry bulk cargoes worldwide. The fleet consists of six vessels, consisting of four Panamax vessels, one Handymax and one Supramax. As of December 31, 2009, the fleet has an aggregate carrying capacity of 372,742 dead weight tons and an average age of 14.7 years. The dry bulk carriers transport major bulk cargoes (such as grain, coal and iron ore) and minor bulk cargoes (such as bauxite, phosphate, steel products and alumina) along worldwide shipping routes.
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