Excel Maritime Carriers Ltd. provides sea borne dry bulk cargo transportation services worldwide. It transports various types of cargo, including iron ore, coal and grain, steel products, fertilizers, cement, bauxite, and sugar and scrap metal. The company owns a fleet of 40 vessels, among which it owns a vessel through a majority interest in joint venture, and together with 7 vessels under bareboat charters, operates 47 vessels comprising 7 Capesize, 14 Kamsarmax, 21 Panamax, 2 Supramax, and 3 Handymax vessels with a total carrying capacity of approximately 4.1 million deadweight tonnage. The company was formerly known as B&H Maritime Carriers Ltd. and changed its name to Excel Maritime Carriers Ltd. in June 1998. The company was founded in 1988 and is based in Athens, Greece.