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Home > Company Index > Transportation > Shipping > Excel Maritime Carriers LTD.

Excel Maritime Carriers LTD.
AMEX: EXM
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 PROFILE
Excel Maritime is all at sea, especially as it owns and operates oil tankers and dry bulk cargo carriers. The company, formerly B+H Maritime Carriers, owns one Suezmax oil tanker, "Alex Stream,"and four handysize and two capesize bulk dry cargo carriers. Incorporated in Liberia and registered in Bermuda, Excel Maritime is 47%-owned by Vilpa Investments, a Liberian company indirectly owned by Excel Maritime CEO Gabriel Panayotides and his family. Greek shipping company Maryville Maritime acts as shipmanager; Panayotides is head of Maryville. Excel Maritime owns 20% of Denmark's Torm West Africa Lines, which operates about 70 vessels.

 COMPETITION
A.P. Møller (dossier)
Mitsui O.S.K. Lines, Ltd. (9104)
The Peninsular and Oriental Steam Navigation Company (PO)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 39.10
1-Yr. Sales Growth: 110.1%
Employees: 1
Revenue per employee: $39,100,000.00

 KEY PEOPLE
• Gabriel Panayotides
    CEO
• Christopher J. Thomas
    CFO

 CONTACT INFO
3rd Fl., ParLaVille Place, 14 Par-La-Ville Rd.
Hamilton HM JX, Bermuda
Phone: 1-441-295-6875
Fax: 1-441-292-1373

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