Ultrapetrol (Bahamas) Limited · Nassau Bahamas ·(NASDAQ (GM): ULTR)
Company Description
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This link will open in a new window Ultrapetrol's boats float in both fresh and salt water. The company's 560-plus barges and carry dry and liquid bulk cargo on the Paraguay and Parana rivers in Argentina, Brazil, and Paraguay. On the high seas, Ultrapetrol operates about 10 vessels, including tankers as well as oil-bulk-ore (OBO) vessels. The company's platform supply vessels serve offshore oil installations in the North Sea and along the Brazilian coast. Ultrapetrol also owns a cruise ship that it charters to tour operators. Voting control of the company is held jointly by members of the Menendez family, including CEO Felipe Menendez and EVP Ricardo Menendez, and a unit of the AIG-GE Capital Latin American Infrastructure Fund. To read the full description, subscribe now.
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Key Ultrapetrol (Bahamas) Limited Financials
| Company Type | Public - NASDAQ (GM): ULTR Single Location |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $303.6 |
| 2008 Employees | 1,129 |
Ultrapetrol (Bahamas) Limited Executives
9 executives listed for Ultrapetrol (Bahamas) Limited's Nassau, location.
| Title | Name & Bio | Contact |
| President, CEO, and Director | Felipe Menendez R. | Network |
| CFO, Secretary, and Director | Leonard Hoskinson | Network |
| Chief Accountant | Alberto Deyros | Network |
Competition
Competitive Landscape for Ultrapetrol (Bahamas) Limited
Demand is driven by oil and gas prices. The profitability of individual companies depends on technical expertise and efficiency of operations. Large companies can offer a broad range of services. Small firms can compete effectively by specializing in a particular type of service or geographic area. The industry is capital-intensive: average annual revenue per employee is about $410,000. To read the full description, subscribe now.Top Ultrapetrol (Bahamas) Limited Competitors
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