Omega Navigation Enterprises, Inc. · Piraeus Greece · (NASDAQ (GM): ONAV)
Company Description
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This link will open in a new window In the world of marine transportation of petroleum products, Omega Navigation Enterprises would like to be an alpha dog. The company maintains a fleet of more than half a dozen product tankers -- primarily Panamax models but also including smaller Handymax vessels -- that has an overall capacity of more than 510,000 deadweight tons (DWT). Omega Navigation makes its vessels available on long-term (typically three-year) time charters. The company has relied on three major customers: Danish marine transportation companies NORDEN and TORM , plus ST Shipping & Transport, a unit of commodities trader Glencore International ). To read the full description, subscribe now.
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Omega Navigation Enterprises, Inc. Reports
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Key Omega Navigation Enterprises, Inc. Financials
| Company Type | Public - NASDAQ (GM): ONAV Single Location |
| Fiscal Year-End | December |
| 2008 Employees | 169 |
Omega Navigation Enterprises, Inc. Executives
10 executives listed for Omega Navigation Enterprises, Inc.'s Piraeus Greece location.
| Title | Name & Bio | Contact |
| Chairman | Robert Flynn | |
| President, CEO, and Director | Georgios Kassiotis | |
| EVP, COO, General Counsel, and Director | Charilaos Loukopoulos |
Competition
Competitive Landscape for Omega Navigation Enterprises, Inc.
Demand is driven by macroeconomic trends in global imports and exports. The profitability of individual companies depends on efficient operations and a good safety record. Large companies have advantages in fleet size and port access. Small companies can compete effectively by chartering services out of smaller ports and transporting unusual cargo. Average annual revenue per worker for a typical company is nearly $500,000. The global shipping industry transports over 90 percent of the world's total commerce, according to the International Shipping Federation (ISF). Deep sea shipping is a highly competitive industry; however, competition from other forms of transportation is limited. To read the full description, subscribe now.Top Omega Navigation Enterprises, Inc. Competitors
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