Contact Information: Investor Relations/Media: Nicolas Bornozis Capital Link, Inc. (New York) Tel: +1-212-661-7566 E-mail: oceanfreightinc@capitallink.com
OceanFreight Inc. Announces Date for the Release of Fourth Quarter and Full Year 2009 Results, Conference Call and Webcast
| Source: OceanFreight Inc.
ATHENS, GREECE--(Marketwire - February 8, 2010) - OceanFreight Inc. (NASDAQ : OCNF ), a global
provider of seaborne transportation services, today announced that it will
release its results for the fourth quarter and year ended December 31st,
2009 after the close of the market in New York on Monday, February 22nd,
2010. On Tuesday, February 23rd, 2010 at 8:30 A.M. Eastern Standard Time,
the Company's management will host a conference call to discuss the
results.
Conference Call details:
Participants should dial into the call 10 minutes before the scheduled time
using the following numbers: +1 866 819 7111 (US Toll Free Dial In), 0800
953 0329 (UK Toll Free Dial In) or +44 (0) 1452 542 301 (Standard
International Dial In). Please quote "OceanFreight."
A telephonic replay of the conference call will be available until March 2,
2010 by dialing 1 866 247 4222 (US Toll Free Dial In), 0800 953 1533 (UK
Toll Free Dial In) or +44 (0) 1452 550 000 (Standard International Dial
In). Access Code: 7445162#.
Slides and audio webcast:
There will also be a simultaneous live webcast over the Internet through
the OceanFreight Inc. website (www.oceanfreightinc.com). Participants to
the live webcast should register on the website approximately 10 minutes
prior to the start of the webcast.
About OceanFreight Inc.
OceanFreight Inc., is an owner and operator of both drybulk and tanker
vessels that operate worldwide. As of the day of this release, OceanFreight
owns a fleet of 13 vessels, comprising of 9 drybulk vessels (3 Capesize, 6
Panamaxes) and 4 crude carrier tankers (1 Suezmax, 3 Aframaxes) with a
combined deadweight tonnage of about 1.4 million tons. OceanFreight Inc.'s
common stock is listed on the NASDAQ Global Market where it trades under
the symbol "OCNF." Visit our website at www.oceanfreightinc.com.
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.