SOURCE: Britannia Bulk Holdings Inc.

September 08, 2008 16:05 ET

Britannia Bulk Holdings Inc. to Present at the Dahlman Rose 1st Annual Global Transportation Conference

LONDON--(Marketwire - September 8, 2008) - Britannia Bulk Holdings Inc. (the "Company") (NYSE: DWT), an international provider of drybulk shipping and maritime logistics services with a focus on transporting drybulk commodities in and out of the Baltic region, announced today that the Company will present at the Dahlman Rose 1st Annual Global Transportation Conference on September 10th, 2008, at 1:15 pm EDT.

An audio webcast of the presentation can be heard live by accessing http://www.wsw.com/webcast/dahlman2/dwt/. A PDF version of the slide presentation will be available in the Investor Relations section of Britannia Bulk Holdings Inc. website at http://www.britbulk.net/.

ABOUT BRITANNIA BULK HOLDINGS INC.

Britannia Bulk Holdings Inc. is an international provider of drybulk shipping and maritime logistics services with a focus on transporting drybulk commodities in and out of the Baltic region. The current owned fleet consists of 22 vessels, including 13 drybulk vessels, five of which are ice-class, five ocean going ice-class barges, and four ice-class tugs. The Company also charters-in additional vessels to increase its overall deadweight tonnage capacity and enhance its service to its customers. As at June 30, 2008, the number of chartered-in drybulk vessels under the Company's control was 53, 9 of which were ice-class.

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 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, no assurance 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 that 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 changes in the demand for dry bulk vessels and container ships, 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.

Contact Information

  • Contact:
    Visit our website www.britbulk.net

    Company Contact:
    Fariyal Khanbabi
    Chief Financial Officer
    Tel. +44 (0)20 7264 4900

    Investor Relations / Media:
    Paul Lampoutis
    Vice President
    Capital Link, Inc.
    Tel. (212) 661-7566
    E-mail: britanniabulk@capitallink.com