Excel Maritime Carriers Ltd is an ocean-going dry bulk shipping company that acquires, owns and operates a fleet of vessels engaged in the carriage of major bulk commodities. The company’s core activities span the chartering and technical management of Panamax and Supramax dry bulk carriers, providing seaborne transportation services for cargoes such as coal, iron ore, grain, fertilizers and steel products.
The company’s fleet comprises medium‐sized bulk carriers designed to serve major trade routes in the Atlantic, Pacific and Indian oceans. Excel Maritime deploys its vessels under a mix of time-charter and spot-charter arrangements, leveraging market opportunities to optimize fleet utilization and voyage economics. Its technical management team oversees routine maintenance, crew deployment and safety compliance to meet the requirements of international maritime regulations.
Operating globally, Excel Maritime maintains offices in Piraeus, Athens, Monaco and Fort Lauderdale, with commercial and operations teams coordinating port calls across Asia, Europe, the Americas and Africa. The company’s strategic positioning allows it to serve key bulk export hubs in Brazil and Australia as well as import centers in China, India and Northern Europe. By diversifying trade lanes and charter structures, Excel Maritime seeks to balance market exposure and manage operational risk.
Founded in 2003 and initially listed on Nasdaq in 2005, Excel Maritime has navigated cyclical shipping markets and pursued fleet expansion alongside selective fleet renewal. The company is overseen by a board of directors and led by a senior management team with decades of combined maritime experience in ship operations, chartering and finance. Excel Maritime’s leadership focuses on disciplined asset management and long-term partnerships with charterers, aiming to deliver reliable shipping solutions to its global customer base.
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