London, 26 May 2015 -- Moody's Investors Service (Moody's) has today changed to positive from stable the outlook on the B3 corporate family rating (CFR), the B3-PD probability of default rating (PDR) and the B3 rating on the $300 million first preferred ship mortgage notes due in 2022 of shipping company Eletson Holdings Inc. (Eletson). At the same time, Moody's has affirmed the ratings assigned to the company including its B3 CFR, B3-PD PDR and B3 senior secured rating.

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