OceanFreight Inc. (NASDAQ (GM): OCNF)

80 Kifissias Ave.
15125 Athens, Greece (Map)
Phone: +30-210-614-0283
Fax: +30-210-614-0284
http://www.oceanfreightinc.com

Overview

Marine transportation company OceanFreight specializes in carrying dry cargo in a wet environment. The company operates a fleet of about a dozen vessels (consisting mainly of dry bulk carriers, but it also includes a few oil tankers), with an overall capacity of about 1.2 million deadweight tons (DWT). Its vessels, acquired second-hand, are deployed on medium- to long-term charters and are managed by third parties. Customers use OceanFreight's dry bulk vessels to carry cargo such as iron ore, coal, and grain. OceanFreight was formed in 2006 and bought its first vessels with proceeds from its 2007 IPO.

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Key Numbers from Hoover's UK

Key financials for OceanFreight Inc. (NASDAQ (GM): OCNF)

Company Type Public (NASDAQ (GM): OCNF)
Fiscal Year-End December
2008 Sales (mil.) £108.7
1-Year Sales Growth 282.7%
2008 Net Income (mil.) £19.1
1-Year Net Income Growth 239.9%
2008 Employees 5
1-Year Employee Growth 0.0%
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Key People from Hoover's UK

Key people and executives for OceanFreight Inc. (NASDAQ (GM): OCNF)

Chairman Prof John Liveris
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President, CEO, Interim CFO, and Director Anthonis Kandylidis
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VP Business Development Demetris Nenes
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Top Competitors from Hoover's UK

Top competitors of OceanFreight Inc. (NASDAQ (GM): OCNF)

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Significant Developments

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Industry Information from Hoover's UK

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