OceanFreight Inc. Announces Date for the Release of Third Quarter 2011 Results
October 31 2011 - 4:05PM
Marketwired
OceanFreight Inc. (NASDAQ: OCNF), a global provider of seaborne
transportation services, today announced that it will release its
results for the third quarter ended September 30, 2011 before the
market opens in New York on Wednesday, November 02, 2011.
About OceanFreight Inc. OceanFreight is an
owner and operator of drybulk vessels that operate worldwide.
OceanFreight owns a fleet of six vessels, comprised of six drybulk
vessels (four Capesize and two Panamaxes) and has contracted to
purchase five newbuilding Very Large Ore Carriers (VLOC) with a
combined deadweight tonnage of about 1.9 million tons.
OceanFreight Inc.'s common stock is listed on the NASDAQ Global
Market where it trades under the symbol "OCNF."
Forward-Looking Statement Matters
discussed in this release may constitute forward-looking
statements. Forward-looking statements reflect our current views
with respect to future events and financial performance and may
include statements concerning plans, objectives, goals, strategies,
future events or performance, and underlying assumptions and other
statements, which are other than statements of historical
facts.
The forward-looking statements in this release are based upon
various assumptions, many of which are based, in turn, upon further
assumptions, including without limitation, management's examination
of historical operating trends, data contained in our records and
other data available from third parties. Although OceanFreight Inc.
believes that these assumptions were reasonable when made, because
these assumptions are inherently subject to significant
uncertainties and contingencies which are difficult or impossible
to predict and are beyond our control, OceanFreight Inc. cannot
assure you that it will achieve or accomplish these expectations,
beliefs or projections.
Important factors that, in our view, could cause actual results
to differ materially from those discussed in the forward-looking
statements include the strength of world economies and currencies,
general market conditions, including changes in charterhire rates
and vessel values, changes in demand that may affect attitudes of
time charterers to scheduled and unscheduled drydocking, changes in
OceanFreight Inc.'s operating expenses, including bunker prices,
drydocking and insurance costs, or actions taken by regulatory
authorities, potential liability from pending or future litigation,
domestic and international political conditions, potential
disruption of shipping routes due to accidents and political events
or acts by terrorists. Risks and uncertainties are further
described in reports filed by OceanFreight Inc. with the US
Securities and Exchange Commission.
Visit our website at www.oceanfreightinc.com
Investor Relations/Media: Nicolas Bornozis Capital Link, Inc.
(New York) Tel: +1-212-661-7566 E-mail:
oceanfreightinc@capitallink.com
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