M C Shipping (AMEX:MCX)
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From Jun 2019 to Jun 2024
MC Shipping Inc., (AMEX:MCX) today announced that it has
taken delivery of its two recently acquired semi-refrigerated
liquefied petroleum gas (LPG) tankers with cargo capacity of 5,600 cbm
each.
The vessels "Hermann Schulte" (renamed "London Bridge") and
"Dorothea Schulte" (renamed "Blackfriars Bridge") were delivered from
the Schulte Group and immediately entered into a minimum 12-month time
charter to the sellers.
Tony Crawford, the CEO of MC Shipping stated, "We warmly welcome
these additions to our LPG fleet and the positive effect they will
have on our results. These ships have given us a chance to benchmark
operating costs as for the first time we have appointed another
technical manager, Wallem Shipmanagement, that is headquartered in
Hong Kong, to manage the vessels on our behalf. We believe,
introducing competition to price and service we get from the managers
will assist the Company to offer its shareholders and customers the
best service expected as we continue to build our presence in this
sector."
About MC Shipping Inc.
MC Shipping Inc. is a fast growing ship owner, primarily focused
on the expanding LPG shipping sector. As of today, the Company's fleet
(including wholly and partially owned vessels) totals eighteen ships:
12 LPG carriers, four container carriers and two coastal bulk
carriers.
Safe Harbor
This news release contains forward-looking statements, within the
meaning of Section 21E of the Securities Exchange Act of 1934, which
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. One can generally identify
these forward-looking statements because they contain "expect",
"believe", "anticipate", "estimate", "confident" and other words that
convey a similar meaning. One can also identify these statements as
statements that do not relate strictly to historical or current facts.
One should understand that it is not possible to predict or identify
all factors that could cause actual results to differ from the
Company's forward-looking statements. The Company expressly disclaims
any obligation 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 such
statement is based.