d856306_6-k.htm
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16 of
the
Securities Exchange Act of 1934
For
the month of February 2008
EXCEL
MARITIME CARRIERS LTD.
(Translation
of registrant's name into English)
Excel
Maritime Carriers Ltd.
Par
La
Ville Place
14
Par-La-Ville Road
Hamilton,
HM JX, Bermuda
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under
cover of Form 20-F or Form 40-F.
Form
20-F
[ X ] Form 40-F
[ ]
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)(1): ___
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted
by Regulation S-T Rule 101(b)7: ___
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 ]
If
“Yes”
is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): ________.
INFORMATION
CONTAINED IN THIS FORM 6-K REPORT
Attached
to this report as Exhibit 1 is Excel Maritime Carrier Ltd.’s press release
announcing the appointment of an acting Chief Executive Officer, dated February
15, 2008.
Exhibit
1
[Logo]
NEWS
RELEASE for February
15, 2008
|
Investor
Relations / Financial Media:
Nicolas
Bornozis
President
Capital
Link, Inc.
230
Park Avenue – Suite 1536
New
York, NY 10160, USA
Tel: (212)
661-7566
Fax:
(212) 661-7526
E-Mail:
nbornozis@capitallink.com
www.capitallink.com
|
Company:
Eleftherios
Papatrifon
Chief
Financial Officer
c/o
Excel Maritime Carriers Ltd.
17th
Km National Road Athens-Lamia & Finikos Street
145
64 Nea Kifisia
Athens,
Greece
Tel:
011-30-210-62-09-520
Fax:
011-30-210-62-09-528
E-Mail:
info@excelmaritime.com
www.excelmaritime.com
|
Excel
Maritime Carriers Announces Appointment of New CEO
ATHENS,
GREECE-- February 15,
2008— 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 has appointed Mr. Gabriel
Panayotides as acting Chief Executive Officer pending the consummation of its
acquisition of Quintana Maritime Limited.
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 (ten Panamax, two Supramax and
six Handymax vessels) with a total carrying capacity of 1,074,022 deadweight
tons. The Company was incorporated in 1988 and its common stock had been listed
on the American Stock Exchange (AMEX) since 1998. As of September 15, 2005
Excel
Maritime is listed on the New York Stock Exchange (NYSE), trading under the
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, the Company’s
planned acquisition of Quintana 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,
noassurance 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 the
ability to satisfy the closing conditions of the acquisition, 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.
SIGNATURES
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)
| |
By:
/s/ Gabriel
Panayotides
|
|
| |
Gabriel
Panayotides
Chief
Executive
Officer
|
| |
|
|
Dated: February
15, 2008
|
|
SK
02545 0001
856306