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| Box Ships appoints Allen & Caron for Investor Relations |
ATHENS, Greece, January 9, 2012, - Box Ships Inc. (NYSE: TEU) (“Box Ships”or the Company), a global shipping company specializing in the transportation of containers, announced today that it has appointed Allen & Caron Inc.(“Allen & Caron”), in New York City with offices in Irvine, California and London, as its agency for investor relations.
Chairman, President and Chief Executive Officer Michael Bodouroglou said, “We selected Allen & Caron because of their well-established reputation and track record for helping growing companies develop effective communications and for increasing their exposure to institutional investors both in the US and in Europe. We look forward to working with them.”
Joseph Allen, the Chairman and CEO of Allen & Caron commented, “The management team at Box Ships has extensive experience in the shipping industry, and we believe their chartering strategy is quite attractive to investors. They focus on short- to medium-term time charters of one to five years with staggered maturities, which provides the benefit of stable cash flows while preserving the flexibility to capitalize on potentially rising rates when the current time charters expire.”
About Box Ships Inc.
Box Ships is an Athens, Greece-based international shipping company specializing in the transportation of containers. The Company's current fleet consists of seven containerships with a total carrying capacity of 33,237 TEU and a TEU weighted average age of 4.1 years. The Company's shares trade on the New York Stock Exchange under the symbol "TEU."
For more information, visit www.box-ships.com. The information contained on the Company’s website does not constitute part of this press release.
About Allen & Caron Inc.
Allen & Caron is a full-service corporate, investor and marketing communications agency serving the needs of public companies. The Allen & Caron international client base includes emerging growth companies in a range of industry segments. The firm has offices in Irvine, California; New York City and London; and has an affiliate relationship with a leading investor relations firm in Italy, which has offices in Milan and Rome.
For more information, visit:
Forward-Looking Statements
Certain statements in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Act of 1995. These forward-looking statements are based on our current expectations and beliefs and are subject to a number of risk factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such risks and uncertainties include without limitation the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for container shipping capacity, changes in our operating expenses, including bunker prices, drydocking and insurance costs, the market for our vessels, availability of financing and refinancing, charter counterparty performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other factors, as well as other risks that have been included in filings with the Securities and Exchange Commission, all of which are available at www.sec.gov. read more >>
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| Box Ships Inc. reports third quarter ended September 30, 2011 results and declares quarterly dividend of $0.30 per share |
ATHENS, Greece, November 11, 2011 –Box Ships Inc. (NYSE: TEU), or the Company, a global shipping company specializing in the seaborne transportation of containers, announced today its results for the third quarter of 2011 and for the period from its Initial Public Offering on April 14, 2011 (“IPO”) to September 30, 2011 (“period ended September 30, 2011”). read more >>
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| Box Ships Inc. Announces Date for the Release of Results for the Third Quarter and Period Ended September 30, 2011, Conference Call and Webcast |
Earnings Release: Friday, November 11, 2011, After Market Close
Conference Call and Webcast: Monday, November 14, 2011, at 8:00am EST
ATHENS, Greece, November 3, 2011 – Box Ships Inc. (NYSE: TEU), or the Company, a global shipping company specializing in the transportation of containers, announced today that it will release its results for the third quarter and period ended September 30, 2011, after the market closes in New York on Friday, November 11, 2011. Box Ships management team will host a conference call to discuss the Company's financial results on Monday, November 14, 2011, at 8:00am EST.
Conference Call details:
Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1(866) 819-7111 (from the USA), 0(800) 953-0329 (from the UK), +(44) (0) 1452 542 301 (from outside the US) or 0080 044 131 378 (from Greece). Please quote "Box Ships."
A replay of the conference call will be available until November 21, 2011. The United States replay number is 1(866) 247-4222; from the UK 0(800) 953-1533; the standard international replay number is (+44) (0) 1452 550 000 and the access code required for the replay is: 2548316#.
Slides and audio webcast:
There will also be a simultaneous live webcast over the Internet, through the Box Ships website www.box-ships.com. Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.
About Box Ships Inc.
Box Ships Inc. is an Athens, Greece-based international shipping company specializing in the transportation of containers. The Company’s current fleet consists of seven containerships with a total carrying capacity of 33,237 TEU’s.
Cautionary Statement Regarding Forward-Looking Statement
Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements 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 Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words "believe," "anticipate," "intends," "estimate," "forecast," "project," "plan," "potential," "may," "should," "expect," "pending" and similar expressions identify forward-looking statements.
The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management's examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe 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, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections.
In addition to these important factors, other 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 fluctuations in charter rates and vessel values, changes in demand for container shipping capacity, changes in our operating expenses, including bunker prices, drydocking and insurance costs, the market for our vessels, availability of financing and refinancing, charter counterparty performance, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other factors. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.
Investor Relations / Media
Capital Link, Inc.
Paul Lampoutis
230 Park Avenue
Suite 1536
New York, NY 10169
Tel. (212) 661-7566
read more >>
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| Box Ships Inc. reports second quarter 2011 results and declares quarterly dividend of $0.15 per share |
ATHENS, Greece, August 8, 2011 – Box Ships Inc. (NYSE: TEU), or the Company, a global shipping company specializing in the seaborne transportation of containers, announced today its results for the period from its Initial Public Offering on April 14, 2011 (“IPO”) to June 30, 2011 (“second quarter of 2011”). read more >>
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| Box Ships Inc. Announces Date for the Release of Results for the period ended June 30, 2011, Conference Call and Webcast |
Earnings Release: Monday, August 08, 2011, After Market Close Conference Call and Webcast: Tuesday, August 09, 2011, at 8:00am EDT
ATHENS, Greece, August 1, 2011 – Box Ships Inc., (NYSE: TEU), or the Company, a global shipping company specializing in the transportation of containers, announced today that it will release its results for the period ended June 30, 2011, after the market closes in New York on Monday, August 08, 2011. Box Ships management team will host a conference call to discuss the Company's financial results on Tuesday, August 09, 2011, at 8:00am EDT. read more >>
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| Box Ships Inc. announces the acquisition of a 2004-built Panamax Containership and secures the vessel on a three year time charter at $28,500 per day |
Box Ships Inc. announces the acquisition of a 2004-built Panamax Containership and secures the vessel on a three year time charter at $28,500 per day read more >>
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| Box Ships Inc. takes delivery of its sixth containership |
Box Ships Inc. takes delivery of its sixth containership read more >>
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| Box Ships Inc. takes delivery of its fourth and fifth containership |
Box Ships Inc. takes delivery of its fourth and fifth containership read more >>
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| Box Ships Inc. takes delivery of third containership |
Box Ships Inc. takes delivery of third containership read more >>
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| Box Ships Inc. takes delivery of first two containerships |
Box Ships Inc. takes delivery of first two containerships read more >>
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Total News: 37
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