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Excel Maritime Carrier's Management Discusses Q2 2012 Results- Earnings Call Transcript

Excel Maritime Carriers Ltd. (EXM)

Q2 2012 Earnings Call

August 29, 2012 8:30 am ET

Executives

Pavlos Kanellopoulos – Chief Financial Officer

Ismini Panayotides – Business Development Officer

Analysts

Natasha Boyden – Global Hunter

Michael Webber – Wells Fargo

Joshua Katzeff – Deutsche Bank

Presentation



Operator



Ladies and gentlemen, thank you for holding and welcome to the Excel Maritime conference call on the second quarter 2012 financial results. We have with us Mr. Pavlos Kanellopoulos, Chief Financial Officer, and Ms. Ismini Panayotides, Business Development Officer of the company. At this time, all participants are in a listen-only mode. There will be a presentation followed by a question and answer session, at which time if you wish to ask a question please press star, one on your telephone keypad and wait for your name to be announced. I must advise you that this conference is being recorded today. Wednesday, August 29, 2012.

We now pass the floor to your speaker today, Mr. Kanellopoulos. Please go ahead, sir.

Pavlos Kanellopoulos

Thank you. Good morning everyone and thank you for joining us on this conference call to discuss the results for the second quarter of 2012 of Excel Maritime. I’m Pavlos Kanellopoulos, Chief Financial Officer of the Company. Please be reminded that we will be discussing forward-looking statements on today’s call and presentation. Regarding the disclaimer language, I would like to refer you to Slide No. 2 of this webcast presentation for further information. Please take a moment to read through the text in the slide. You will be able to find a reconciliation of four non-GAAP measures mentioned today in the appendix of the presentation. This presentation will be available on the Company’s website at excelmaritime.com. Thank you.

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