Thank you for standing by ladies and gentlemen, and welcome to the Seanergy Maritime Conference Call on the Second Quarter 2015 Financial Results. We have with us, Mr. Stamatis Tsantanis, Chief Executive Officer of the company. At this time, all participants are in listen-only mode. I must advise you that this conference is being recorded today. Please be reminded that the company publicly released its financial results, which are available to you to download on the Seanergy website at seanergymaritime.com. If you do not have a copy of the press release, you can contact Capital Link at 212-661-7566, and they will be happy to send it to you. Before turning the call over to Mr. Tsantanis, we would like to remind you this conference call contains forward-looking statements as defined in Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, concerning future events and the company’s growth strategy and measures to implement such strategy. Words such as expects, intends, plans, believes, anticipates, hopes, estimates, and variations of such words and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks and are based upon a number of assumptions and estimates, which are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, competitive factors in the market in which the company operates, risks associated with the operations outside the United States, change in rules and regulations applicable to the shipping industry, and other risk factors included from the time in which the company’s annual report on Form 20-F and other filings with the Securities and Exchange Commission, the SEC. The company’s filings can be obtained free of charge on the SEC’s website at www.sec.gov. The company expressly disclaims any obligations or undertaking to release publicly updates or revisions to any forward-looking statements contained herein to reflect any change in the company’s expectations with respect thereto or any change in events, conditions, or circumstances on which any statement is based. I would like to pass the floor over to Mr. Tsantanis. Please go ahead sir.

Thank you, Claire. Good morning, everyone and thank you for joining our call. Today, I will discuss the most important corporate developments, and then I will briefly go through our financial results for the second quarter of 2015. In late March of 2015, we took delivery of our first Capesize vessel, the M/V Leadership and Seanergy resumed its revenue generation capacity. In addition, we were constantly pursuing further growth opportunities by exploring the market for accretive acquisitions. As a result, we recently entered into an agreement to acquire seven high quality dry bulk vessels, consisting of five Capesizes and two Supramaxes with an average age of six years. On September 11, we took delivery of the first of these ships and 2010 built Capesize vessel, which was renamed to the M/V Premiership. The remaining deliveries are expected to be completed by November 30, 2015. After the completion of all deliveries, our fleet will increase to eight modern vessels consisting of six Capesizes and two Supramaxes, with a total carrying capacity of about 1.1 million DWT. The purchase price of the fleet, which is approximately $183 million is significantly lower than the equivalent asset values of one year ago. To elaborate further on this point, the value of seven similar ships in August 2014 was approximately $285 million and therefore this year, the price we have agreed to pay is almost $92 million or 36% lower. For the financing of the acquisition, we have secured firm commitments from four international financing institutions as well as an investment by our sponsor. The terms agreed in the relevant loan agreements will allow Seanergy to preserve its cash flow during a period when the dry bulk market is still recovering. Our solid relationship with the shipping finance market is evident in these arrangements and…