As a dry and liquid bulkcarrier
, the company last year had a net income of almost pounds 25m.
The company acquired five TEU container ships and three Bulkcarrier
vessels through lease financing under the restructure scheme of the company.
As of November 1, 2009, the Company owned and operated one dry bulkcarrier
, one medium-range product/chemical tanker, one Panamax product tanker and five ore/bulk/oil combination carriers ("OBOs").
The M/V Diamond Seas, a 2001 built 74,274 dwt Panamax bulkcarrier
, has been fixed to HYundai Glovis Co.
24) We have agreed to extensions with AMN Bulkcarrier
Since December 2006, the Company purchased a series of puts on the Panamax Bulkcarrier
Index for the average of four time charters, known as "PJAX4TC".