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OMI CORP.

EXCHANGE:
NYSE

SHARE PRICE (DEC. 31, 1996):
US$8.75

1996 TRADING RANGE (THROUGH NOV. 26):
US$5.63 – $9.25

MARKET CAP. (AS OF SEPT. 30, 1996):
US$221,947,419

OVERVIEW
• OMI provides seaborne transportation services for crude oil, petroleum products and dry bulk products including iron ore, coal and grain.
• OMI owns solely or through joint-ownership, or charters in, a fleet of 33 vessels. The fleet consists of 4 American Flag vessels, 20 wholly owned foreign flag vessels, 5 joint venture vessels, 1 chartered in vessel, and 3 chartered in vessels from OMI’s 83% owned subsidiary OMI Petrolink, a provider of lightering services to tankers importing crude oil into the Gulf of Mexico.
• The company’s vessels are available for charter on a voyage, time or bareboat basis.
• OMI is involved in both the technical and commercial operation of its vessels.

This is only an excerpt of OMI CORP.

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Written by: | Categories: Marine Money | January 1st, 1997 |

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