Crude Carriers visits (NYSE-Listed CRU) visits the NYSE to mark the company’s recent initial public offering. In honor of the occasion, Chairman and CEO Evangelos Marinakis rings The Opening BellSM.
|
|
|
You can also download this bell to your desktop:
1. Right-click on the download link
2. Select "Save Target As"
3. Select download location and save.
|
Crude Carriers, Corp.
Crude Carriers Corp. (NYSE: CRU) is a newly formed transportation company incorporated in the Marshall Islands in October 2009 to conduct a shipping business focused on the crude tanker industry. The company plans to acquire and operate a fleet of crude tankers that will transport mainly crude oil and fuel oil along worldwide shipping routes. Capital Maritime, an international shipping company, will serve as the Manager. The Company intends to leverage the expertise and reputation of the Manager to pursue growth opportunities in the crude oil tanker shipping market. Crude Carriers intends to maintain a flexible approach to chartering with the strategy of optimizing its selection of the available commercial opportunities over time. The Company currently expects to focus on the spot market, including all types of spot market—related engagements such as single voyage or short-term time charters, but retain the ability to evaluate and enter into longer-term period charters, including time- and bareboat charters with terms that may provide for profit sharing arrangements or with returns that are linked to spot market indices. Crude Carriers may also charter-in vessels, meaning the Company may charter vessels it does not own with the intention of chartering them in accordance with the Company’s chartering and fleet management strategy. (Source: Crude Carriers, Corp.)
|
