* To buy a 2006-built capesize bulk carrier
* Vessel to generate $44 mln over 5-yr charter period
* Shares jump 7 percent in after-market trade
July 9 (Reuters) - Greek drybulk carrier OceanFreight Inc said it agreed to acquire a capesize bulk carrier for $61.3 million.
The vessel's time charter will be for a minimum of 5 years and a maximum of 8 years, at $26,000 per day, the company said.
'We have fixed the vessel for a minimum period of 5 years generating approximately $44 million for the charter duration,' Chief Executive Anthony Kandylidis said in a statement.
The vessel is scheduled for delivery before Nov. 30.
OceanFreight shares rose as much as 9 cents to $1.34 in trading after the bell.
(Reporting by Arundhati Ramanathan in Bangalore; Editing by Ratul Ray Chaudhuri) Keywords: OCEANFREIGHT/ (arundhati.ramanathan@thomsonreuters.com; within U.S. +646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: arundhati.ramanathan.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
* Vessel to generate $44 mln over 5-yr charter period
* Shares jump 7 percent in after-market trade
July 9 (Reuters) - Greek drybulk carrier OceanFreight Inc said it agreed to acquire a capesize bulk carrier for $61.3 million.
The vessel's time charter will be for a minimum of 5 years and a maximum of 8 years, at $26,000 per day, the company said.
'We have fixed the vessel for a minimum period of 5 years generating approximately $44 million for the charter duration,' Chief Executive Anthony Kandylidis said in a statement.
The vessel is scheduled for delivery before Nov. 30.
OceanFreight shares rose as much as 9 cents to $1.34 in trading after the bell.
(Reporting by Arundhati Ramanathan in Bangalore; Editing by Ratul Ray Chaudhuri) Keywords: OCEANFREIGHT/ (arundhati.ramanathan@thomsonreuters.com; within U.S. +646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: arundhati.ramanathan.reuters.com@reuters.net) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.